Most organizations struggle to effectively reward employees with appropriate salary increases. Of course, appropriate can be a subjective term.

This webinar will help you set the correct salary increase budget for your organization and provide a framework for salary increases. One that rewards performance and evaluates salary range placement.

This process will drive employees through the pay range quickly while slowing down increases for well-paid employees approaching the top of the pay range.What You'll Learn:Introduction

• Merit Matrix Overview

Salary Increase Methods

• Across-the-Board
  
• Step-Based
  
• Pay for Performance

Pay Structures

• Benchmarking
  
• Structure Design
  
• Job Classification

Performance Management

Compensation Administration

Merit Matrix

• How It Works
  
• Design Considerations
  
• Pitfalls