Base Pay Administration and Pay for Performance

Gain a vital edge in the competition for talent by developing an effective and strategic base pay salary structure.

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.

• 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.