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How To Set Pay Ranges That Are Fair And Effective

Webinar: ID# 1015821
Recorded CD
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About This Course:
This training session reviews best-practice steps to compensation system design.

Agenda

Compensation Economics
  • Turnover in the Rebounding Economy
  • Law of Supply and Demand as It Relates to Compensation
  • Impact of Artificial Floors or Ceilings on Compensation Economics
  • Economic Trends Caused by Current Economy
Market-Based Compensation System Design
  • Purpose of a Compensation System
  • Steps to Designing a Compensation System
Developing Compensation Policies
  • Reasons to Implement Compensation Policies
  • Review of Advisable Compensation Practices, Typical Policies and Procedures
Recognition and Sustaining High Performance Through a Merit Matrix
  • Concept and Samples
  • Modeling
  • Benefits
About The Presenter

Amber Duncan, SPHR
  • Manager of compensation consulting in the Human Capital Services Practice of CBIZ, Inc.
  • More than 13 years of experience in the area of human resources, focusing on designing innovative compensation programs
  • Senior Professional in Human Resources (SPHR) and Certified Compensation Professional (CCP)
  • Expertise includes designing market-based compensation programs, linking pay with performance, pay structures and compensation surveys, as well as developing policies and procedures
  • Assists clients in the design and implementation of strategic base salary and incentive programs
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How To Set Pay Ranges That Are Fair And Effective
Available on CD format
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