COMPENSATION ESSENTIALS WORKSHOP

  • Job Fair Bot
  • Des Moines, IA
  • Apr 25, 2018
Multi-Employer General Business

Event Description

Come prepared to roll up your sleeves and participate in a highly interactive and learning-filled workshop. This is the first of two 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. Target Audience: 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 Some of the 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 Full Description: The Compensation Essentials Workshop Part I will focus on base pay including concepts, best practices and effective tools that will help those responsible for compensation to develop organizationally aligned and legally compliant programs as well as enhance the ability for managers to make fair and equitable employee pay decisions in a variety of situations. After the session, participants will be able to: Develop a compensation philosophy applying the four key WorldatWork elements Define base pay and its distinguishing factors from variable pay Conduct a salary market analysis for 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 inclusion in a base pay compensation program Assign FLSA job classifications by reviewing job accountabilities and requirements against the FLA classification test Discuss legal considerations and compliance requirements regarding compensation programs and salary decisions Make salary determinations in a different situations applying rationale that follow and reflect sound compensation and legally compliant practices Time: Registration: 8:00am 8:30amWorkshop: 8:30am 4:30am

Event Date

May 09, 2018