This full-day interactive course provides a comprehensive exploration of compensation practices, equipping participants with the knowledge and practical skills to create competitive compensation programs for their employees. Through real-world scenarios and hands-on activities, attendees will learn how to develop a compensation philosophy, create data driven pay ranges, and implement consistent compensation practices.
Learning Objectives
· Develop compensation philosophy based on organizational objectives.
· Understand quantitative and non-quantitative job evaluation methods.
· Utilize statistically valid market data resources to determine competitive pay rates and create pay ranges.
· Perform internal and external employee compensation analysis and identify strategies to correct issues.
Target Audience
This course is ideal for:
· Business owners
· HR professionals at all levels (generalists, managers, and executives)
· Supervisors and managers responsible for making compensation recommendations or decisions
Join us to enhance your understanding of compensation and take proactive steps toward creating competitive data driven pay ranges.
