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Compensation Communication: How to Create a Pay Structure That Makes Sense and Improves Performance

4431
Duration : 90 Minutes

This course, has been approved for 1.5 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®).


Martin Levy, SPHR, SHRM-SCP,

Martin Levy, SPHR, SHRM-SCP, Corporate Trainer & Consultant Martin is currently the President of Human Resources 4U, a locally owned, full service Human Resources cons Read more


Salary expenses are generally the largest fixed cost and employer has. By creating a salary structure that is rational and linking it to a merit system, you will have a tool that will be very effective in helping you to control your salary expenses. This webinar will provide you with the basic concepts and understanding on how to create a salary structure and link it to a merit system.

This webinar will help you answer the following questions:

• How much of a salary increase is too much, too little?
• How can I distinguish between excellent, average and poor performers?
• What should I offer as a starting pay rate?
• How can I control my salary related costs?

After this webinar you will be able to create a Salary Structure that:

• Is easy to understand, everyone know the rules
• And supervisors like because it:

i) Minimizes defensiveness
ii) Minimizes “squeaky wheel” approach to increases

Course Objectives:

By the completion of this webinar, participants will be able to develop a:

Systematic approach to starting pay
Systematic approach to salary increases
• Fair, equitable, rational approach to merit pay
System that minimizes pay discrimination and preferential treatment claims

Course Outline:

• Create  ADA Job Descriptions (helpful)
• Create Job Families
• Compare to Current Situation
• Create Salary Structure
• Match Jobs to Structure
• Obtain Current Salary Data
• Create Pay Grade Matrix
• Link Matrix to Merit/Promotion System

What You Get:

•  Training Materials
•  Live Q&A Session with our Expert
•  Participation Certificate
•  Access to Signup Community (Optional)
•  Reward Points

Who Will Benefit:

• Business Owners, Managers
• Chief Financial Officers
• Human Resource Professionals
• Compensation professionals
• Financial Professionals

Please reach us at 1-888-844-8963 for any further assistance or if you wish to register

100% MONEY BACK GUARANTEED

Refund / Cancellation policy

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Subject : Compensation Communication: How to Create a Pay Structure That Makes Sense and Improves Performance


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