How does your organization determine how much to pay positions within your organization? In today’s labor market, all employers must establish base pay structures and salary administration guidelines that support internal pay equity and external pay competitiveness. Explore the overall practice of compensation management, including:
- Basic plan design elements
- Determining your organization’s compensation philosophy
- Job analysis and position description composition
- Position evaluation
- Market Analysis
You will gain an understanding of the principles behind an effective compensation plan design and salary administration, and have hands-on practice performing position evaluations.
Who Should Attend
Human Resource professionals, finance professionals or others involved with, or responsible for the development of compensation plan design within their organization.
Learning Objectives
- Learn the importance of a total compensation philosophy and how to define it for your organization
- Learn how to evaluate and compose accurate, valid and legally compliant position descriptions
- Learn the different approaches to position evaluation
- Learn how to develop a base pay system
- Analyze current pay practices to meet total compensation objectives
Registration Fee
EANE MEMBERS | $180 Per person
FUTURE MEMBERS | $225 Per person