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How to Conduct a Competitive Market Pay Analysis

Duration:
90 Minutes
Access:
6 months
Webinar Id:
700142
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Recorded Version

$195. One Participant

Recorded Version: Unlimited viewing for 6 months ( Access information will be emailed 24 hours after the completion of live webinar)

Overview:

In this webinar participants will learn how to conduct a competitive market-based pay analysis, evaluate how the company measures up against the market, and explore different ways to manage pay and address compensation issues.

Why Should You Attend: Does your company want to be able to attract and retain the talent you’re looking for, and pay competitively? If yes, then the first thing you need to do is know how you measure up against the market!

In this course you will learn how to conduct a market study analysis, and evaluate how you compare to other companies and competitors in the market. It's particularly important to have a sound compensation program in place and be able to manage employee pay effectively!

Areas Covered in the Session:
  • Selecting Pay Data Sources
  • Mapping Jobs to Salary Surveys
  • Collecting & Analyzing Market Data
  • Constructing Salary Structures
  • Slotting Jobs into Salary Structures
  • Evaluating Compensation Study Results
  • Managing Employee Pay
  • Compensating "Hot & Critical" Skills
  • Managing Pay in Different Geographic Pay Areas
Who Will Benefit:
  • HR generalists
  • Managers
  • Directors
  • Compensation Analysts and professionals
Instructor:

Jill Odegard, PHR, CCP,She is Vice President and Sr. Consultant with Applied HR Strategies, and co-product manager for the StrategicPay® Series. She has worked in the Human Resources field for over 10 years in various HR management capacities, and specializes in compensation and benefits. She earned her Professional in Human Resources (PHR) designation as well as the Certified Compensation Professional (CCP) certification via WorldatWork. Jill graduated from Central Washington University with a BS in Business and a minor in Human Resources. Jill is an expert in the development of cash compensation programs.

Doug Sayed is founder and principal at Applied HR Strategies, Inc. a strategic HR and compensation consultancy based in the Seattle area. Doug is a Certified Compensation Professional (CCP) with 25 years of HR and compensation experience, and has also attained the Senior Professional in Human Resources (SPHR) and Global Remuneration Professional (GRP) designations. Prior to beginning his corporate and consulting career, Doug earned a Master’s Degree in Human Resource Management from The Ohio State University business school.


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