What is a Salary Administration Plan? How does it work? And why do companies need one? This session will review how to implement a plan and salary structure incorporating compensation philosophy, job descriptions, job families, framework, job pricing, developing the structure, placement of the positions, cost analysis, policies and procedures, communication and evaluation.
- The importance of having a salary administration plan.
- Why every step is critical and how each piece of the plan fits together?
- The nuances to implement a salary plan for a university.
- Why having job descriptions is so critical to the process?
- Why communication is so critical?
Originally recorded on April 22, 2020.
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