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Improving Your Existing or Designing a New Wage & Salary Administration Pla

26468 E Walker Dr, Aurora, Colorado 80016-6104
26468 E Walker Dr, Aurora, Colorado 80016-6104 Aurora, CO 80016  
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Start:   Tuesday, August 28, 2018  1:00 PM
End:   Tuesday, August 28, 2018  3:00 PM

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Event Features: Business-Related

Neighborhood: Avenue of the Arts



OVERVIEW Whether you are interested in creating a wage and salary administration plan or considering redesigning your current plan, this webinar will show you how to implement the steps to create a well-structured plan.
Wise employers know that keeping quality employees requires providing the right compensation package in the form of wages, salaries, bonuses, commission plans, stock options, profit-sharing, etc.
I. Identifying your objectives for your compensation program: desired employee behaviours& performance outcomes your organization needs
II. Establishing external equity - in alignment with your organization's compensation philosophy
III. Developing a wage & salary administration structure - that facilitates performance-based wage and salary increases
The cost of compensation for most organizations is usually 20-80% of the cost of running the business. Since compensation is such a significant budget item, it's only logical for organizations to want to have a wage & salary administration plans that:
• Contributes to the Organizations' ability to execute its Business Strategy
• Attracts and Retains Top Performing Employees
• Enables the Organization to Compensate Employees according to their Performance
• Causes Employees to trust the Compensation Plan and focus their attention on and be motivated to perform their jobs to the best of their ability.
HR Professionals New to the Field - seeking a comprehensive view of the topic of Wage and Salary Administration.
Experienced HR Professionals - seeking a refresher on the Topic.
Line Manager - who want to participate in enhancing their current Wage and Salary Administration Plan.

For more detail please click on this below link:

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