Virtual
Workshop

Compensation Essentials I - Base Pay

Workshop Details

Compensation Essentials I – Base Pay is the first of two stand-alone workshops with part I focused on base pay. You will apply concepts, practices and techniques that will help you create effective, equitable and organizationally aligned compensation programs.

Covered Topics include: compensation philosophy, base v. variable pay, jobs benchmarking, salary analyses, survey & data selection, pay parameters and salary ranges, positioning employee pay, addressing legal and ethical compliance issues, best & acceptable practices, FLSA and MORE …

April 21, 2021
8:30 am
-
4:00 pm
( Check In begins at
)
Early Bird Discount through Sunday March 21: $270.00
Regular Price $300.00
Julie Caspar, President - HR Hotline Associates

HR Hotline Associates is recognized by SHRM to offer Professional Development Credits (PDC) for SHRM-CP® or SHRM-SCP® recertification activities.

Topics Include:
Who should attend?

Beginner to intermediate Compensation Professionals; Human Resources Professionals who would like to learn more about compensation fundamentals; Managers responsible for compensation administration and salary determinations.

Facilitators
At the end of this session, participants will be able to:
  • Define compensation at its fundamental level providing a historical perspective
  • Describe the transactional vs. strategic elements of compensation
  • Distinguish base pay from variable pay
  • Discuss compensation’s role in total rewards and relationship to employee engagement
  • Draft a compensation philosophy applying four key elements as defined by WorldatWork
  • Conduct a salary market analysis by market pricing jobs using company information, job descriptions and survey data applying acceptable benchmarking approaches
  • Develop market aligned salary ranges for benchmarked jobs
  • Determine application and effective use of salary ranges
  • Identify key practices and guidelines for base pay compensation administration
  • Discuss legislative acts, legal considerations and compliance requirements regarding compensation programs and salary decisions
  • Make salary determinations in a variety of situations applying rationale that reflect sound compensation and legally compliant practices
  • Develop an on-the-job Action Plan

Register for the Workshop

Due to the cost of set-up and materials, all cancellations must be received no later than 72 hours prior to the workshop or full price will be charged.

See Where Julie is Speaking Next

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May 22, 2024

Come prepared to roll up your sleeves and participate in a highly interactive and learning-filled day that will help you better understand the science and the art of compensation, advancing your compensation capabilities and the organization’s ability to attract, retain, motivate, and engage.

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