Base Pay Administration and Pay for Performance

Gain a vital edge in the competition for talent by developing the right base pay salary structure – one that aligns with your organization’s compensation strategy and recognizes and rewards talented employees.

Through hands-on exercises and discussion, this in-depth course will give you the skills to design, implement, and evaluate a compensation strategy that attracts and retains your organization’s talent.

What You Will Learn:

• See how base pay factors into Total Rewards.
• Learn to design, implement, deliver, administer, and evaluate base pay programs.
  
• Understand key concepts, such as broadbands, the market-pricing approach, point factor approach, and how to integrate market data.
  
• Understand pay for performance and salary budgeting -- including merit increase guidelines and the components of a market-based salary budget.
  
• See how to monitor pay levels, maintain pay structures, and understand compression.
  
• Learn to integrate compensation plans and communicate during mergers and acquisitions.

Additional Information

This course is ideal for HR and compensation professionals who are getting started in developing pay structures. In addition, those leading total rewards, remuneration, and compensation and benefits programs will benefit, as will people leaders who want to better understand salary structures.

Knowledge of basic mathematical concepts is recommended, including mean, median, weighted average, compa-ratio, percentiles, and calculating percentages.

Based in India? Contact india@worldatwork.org for India-special course pricing.

Policies

View our Return/Cancellation policies and more here.