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The DIY Compensation Makeover: How To Primp, Plump, And Prioritize Your Compensation-Based Initiatives
About This Course:
Working with outdated pay ranges can create turnover, pay equity issues, low morale, and legal challenges. Also, granting merit increases without an accurate budget or distribution method has the strong potential to damage your professional credibility.

Budgets for consulting services remain tight but your organization still has to get the job done. For HR professionals to successfully handle basic compensation work, you need to feel comfortable with the process - from market pricing positions and aging survey data to handling wage compression and developing a merit matrix that recognizes performance and market relationships to many other things in between. Suffice to say, these compensation conundrums require careful and thoughtful attention.

Participate in our DIY compensation makeover session and our expert will show you how to update market data and adjust pay structures. You'll sharpen your personal compensation skills and be in poised to boost your personal credibility within your organization.

Learning Objectives:

  • Properly market-price positions and "age" survey data
  • Update your pay structure using market data
  • Handle wage compression using a simple approach
  • Develop a merit budget that will impress your CFO
  • Create a merit matrix that will recognize performance and relationship to market
  • Respond appropriately to geographic salary differentials
  • BONUS: Excel spreadsheets and instructions will be provided for many of the topics discussed...and much more!

In just 90 minutes, you'll learn a step-by-step guide to update market data and adjust pay structures, as well as get expert guidance in basic compensation techniques.

About Your Presenter:

Barry L. Brown, SPHR, CCP, a principal at Effective Resources, Inc., is a well-recognized forward-thinking human resources specialist. Prior to starting his own consulting practice in 1988, Mr. Brown's career included nearly two decades of service in the health-care, food service, defense, manufacturing, and information service industries. He has held leadership positions with many local, regional, and state professional human resource associations. As a national speaker, Mr. Brown uses his practitioners' experience combined with a consultant's creativity and a business owner's perspective to educate and engage his audiences.

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