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Event
19 May 2016
Development

Seminar on Building a Fair and Equitable Pay Program

This seminar is organized according to logical, sequential phases of a pay project

GlobalCompliancePanel Refer a Friend Program: Any Customer to 3 Referrals "Can Participate 2 Days Seminar for free of Cost.

Overview:

This seminar is organized according to logical, sequential phases of a pay project. Each phase is subdivided into specific considerations or tasks, followed by a series of questions to help you analyze your situation. Exercises and examples are used to bring many of the considerations into tangible form. �How to� is what this seminar is all about. The field of pay management already has plenty of theoretical texts and you should read them too. However, in this seminar, we will focus on two concerns: strategic policy and tactical procedures.

Why should you attend?

 

Generally, pay equity poses a conceptual and practical challenge: how to reconcile the company's ability to pay (financial resources), desire to pay (image), and need to pay (labor market) with the employees' perception of equity (fairness) and the government's focus (legal audits). What's clear though, is the importance of organizations to focus on and really think through strategies that work to correct even perceptions with issues of fairness within their own pay programs. Highlighting the reality that a company's approach to equity is as important as the actual pay programs it implements.

Pay management is said to be a mystery - at least, that's what many traditionalists who work in pay management would have you believe. Certainly we are entitled to some job protection. The unfortunate effect is that, given the current enforcement environment, far too many organizations are caught behind the eight ball and risk hefty government sanctions for not consciously building a system that holds up to scrutiny.

  • Are you faced with the task of designing and implementing a pay program in your organization but don't know where to begin?
  • Are you looking for a ready-do-go model you can adapt to the specific needs of your organization?
  • Do you want options to consider as you develop your program?
  • Would you like advice and guidance on the various approaches open to you?
  • Do you want steps to follow that will lead you through the project before you?

If you are nodding your head, you won't want to miss this three-day highly interactive seminar.

 

 

Areas Covered in the Session:

 

  • Why start a pay project now
  • Planning and organizing your pay project
  • Obtaining commitment to pay strategies
  • Developing a strategic policy with practical procedures
  • Defining job results and qualifications
  • Evaluating job contributions
  • Converting results, qualifications, and contributions into reliable job descriptions
  • Evaluating the price of jobs in the marketplace
  • Building the pay structure
  • Managing job contributions, transferring results, qualifications, and contributions into reliable performance management oversight
  • Maintaining your pay program

Agenda:

Day 1 Schedule:

 

Lecture 1: Why start a pay project now

  • Legal considerations for managing pay
  • Legal considerations for managing job results
  • Strategic considerations
  • Practical considerations
  • Developing a strategic policy with practical procedures

Lecture 2: Planning and organizing your pay project

  • An integrated program
  • Determining the total compensation package
  • Developing a master plan

Lecture 3: Obtaining commitment to pay strategies

  • Developing a complete proposal
  • How to spot the "golden opportunities" before you
  • Determining the right organizational methodology for pay practices

Lecture 4: Defining job results and qualifications

  • Understanding the organizational reason for the jobs that exist
  • Preparing for the gathering of job information
  • Converting results, qualifications, and contributions into reliable job descriptions
  • Redefining job evaluation
  • Internal equity
  • Job relationships defined
  • Choosing the right job evaluation system
  • A job evaluation plan you can use
  • Adapting the job evaluation plan to your organization

 

Day 2 Schedule:

 

Lecture 5: Evaluating Job Contributions, the job analysis process (continued)

  • Weighting (valuing) the factors
  • Calculating job evaluation plan points
  • Rules for evaluating jobs

Lecture 6: Evaluating the price of jobs in the marketplace

  • Job value
  • Surveying market pay rates
  • Pay survey questionnaire you can use
  • Matching jobs
  • Analyzing the numbers

Lecture 7: Building the pay structure

  • Pay structure as a management guide
  • Designing and calculating the pay structure
  • Evaluating the new structure
  • Managing pay

Lecture 8: Managing job contributions, transferring results, qualifications, and contributions into reliable performance management oversight

  • Job results management strategy
  • Problems with performance appraisal
  • Job results management profile
  • Defining job outcomes
  • Establishing consistent pay management criteria
  • Case studies for developing consistency
  • Managing job contributions as a base for pay decisions
  • Appraising job contributions
  • Linking pay to job contributions

Lecture 9: Maintaining your pay program, the recertification process

  • Pay as a component of organizational culture
  • Explaining the program
  • Protecting the investment
  • Program management
  • Planning the pay increase budget
  • Ongoing adjustments
  • Maintenance, audits, and appeals

When

19 May 2016 @ 08:00 am

20 May 2016 @ 05:30 pm

Duration: 1 days, 9 hours


Where

WILL BE ANNOUNCED SOON

Raleigh, NC

191 Raleigh

United States


Language

English en


Organised by

GlobalCompliancePanel (deactivated)