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