Register Online - Add to Cart

Credits

Sponsored by Lorman Education
Product ID: 404426EAU
 
Credit & Course Provided by:

Strategies for Handling Pay Compression

OnDemand Webinar (87 minutes)

Manage pay compression in your company by creating and implementing effective strategies.Avoiding pay compression, that is, ensuring there is sufficient spread in pay between employees based on roles, experience, and performance, is a constant struggle. With the current economic environment of low unemployment and rising wages, pay compression is a hot topic. This information will provide you the tools to not only identify and address pay current compression issues, but also how to change your compensation administration to avoid them altogether.

Authors

Joe Rice, CBIZ, Inc

Agenda

Pay Compression Introduction

• Defining the Problem

• Why It's an Issue

Pay Compression Causes

Analyze Pay Compression

Examples

• Peer to Peer

• Employee to Supervisor

• Dual Career Ladders

Pay Compression Mitigation

• Pay Program Basics

• Merit Matrix

• Setting Pay

• Additional Strategies

Additional Formats

Audio & Reference ManualMore Info
MP3 DownloadMore Info