Compensation Basics

Webinar: ID# 1037391
Recorded On-Demand
About This Course:
No matter what area of human resources you work in, a general foundation and understanding of compensation is important to have as compensation supports and links to many other programs and functions in HR.

It is no secret that well-structured compensation plays an important role in attracting, retaining, and motivating top talent. What You'll Learn:This training session will help you gain a complete understanding of the basics of compensation, including:
  • What are the elements of a pay program and common compensation terms
  • Compensation philosophy: what should be included
  • The various types of direct compensation
  • What pay considerations you need to be prepared to address
  • The pay budget and what should be included
  • How compensation is determined, including the why and how of Job Analysis and Job Documentation
  • The types of Job Evaluations - and the advantages and disadvantages of each
  • Key considerations in plan selection and implementation
  • The process for market pricing and pay structure design
  • Regulatory and legal issues in compensation
  • Communicating and evaluating compensation programs as well as compensation resources and trends
  • The Do and Do Not of Compensation
Compensation Basics
or via On-Demand
Share This: 5755 North Point Parkway, Suite 227 | Alpharetta, GA 30022 | 770-410-1219 |
Copyright 2023 | Web Site Development by OTAU