Benchmarking Fundamentals

Benchmarking Fundamentals
This is a virtual training program presented through Zoom.

 

Having market-based pay ranges are essential to appropriately compensate employees and ensure equity across the organization.  

This program provides hands-on training so you can benchmark different jobs, develop pay ranges, and create reports to analyze your organization's financial position as it relates to pay.

Participants in this program will:

  • Understand the importance of a total compensation philosophy.
  • Learn to develop a base pay system by using surveys and by understanding several approaches to base pay. 
  • Participate in building a base pay benchmark using multiple survey sources.
  • Learn how to age and weight data.
  • Build pay ranges for individual jobs.
  • Discuss setting employee pay rates and how to address rates falling outside of the range.  

When
7/9/2020 10:00 AM - 12:00 PM
Where
Virtual Session

Please sign in or create an account to register.

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