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How to Construct Salary Ranges, Administer Increase Budgets and Build Merit

Thursday, November 07, 2019

1:00 PM - 2:30 PM

1:00 PM - 2:30 PM See all dates and Times

http://bit.ly/35xEbis


OVERVIEW The benefit of your extra effort regarding salary benchmarking is that you can drive your funds towards rewarding high-performing employees who may currently be paid less than the market. Because, realistically, salary budgets and increase budgets are determined not only by compensation philosophy and range movements but the actual budget (or not) the employer has.
WHY SHOULD YOU ATTEND
Compensation decisions are a direct method of communicating with your employees. When your supervisors determine how to construct salary ranges, which employees will get pay increases and how much they deserve; they are making or breaking your business.
AREAS COVERED
• Compensation is a reward system. Changing the mindset of pay and taking the mystery out of pay
• Basic elements of a preparing salary matrix
• Internal equity, external equity and individual performance
• Current salary structures - understanding how the numbers got that way and what it means now
LEARNING OBJECTIVES
It’s a fact of life that most people have to work for money. Even people who love their jobs likely would not perform them for free.
To a company, the salary budget is its biggest expense. However to your employees, it’s a reward system for their work performed in your company and for the skills they bring to the workplace. It is also communicating to your employees what sort of work ethic, skills, and attitude are rewarded at your company.
WHO WILL BENEFIT
• HR Managers
• HR Generalists
• Business Owners and CEO's
• Plant Managers
• Management Personnel
• Compensation Associates
• CFO's
Use Promo Code 2AN20 and get flat 20% discount on all purchases. Hurry! Offer valid only till October 31st 2019.
To Register (or) for more details please click on this below link:
http://bit.ly/329XEn4
Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882

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