Calculating the Compensation Metrics that Matter: HR’s Guide to Gathering & Analyzing Pay Metrics

webinar Calculating the Compensation Metrics that Matter: HR’s Guide to Gathering & Analyzing Pay Metrics

You Will Learn:

  • Key terms related to compensation metrics
  • Which metrics are most useful when reviewing your organization’s compensation plan, and why
  • Calculating salary range penetration and compa-ratio
  • Techniques to help you use compensation metrics to determine if you’re paying within market targets

 

Watch the pre-recorded web conference
$269.00
 

What do your compensation metrics tell you?

Compensation metrics are much more than just comparing how salaries stack up against the competition. In fact, they’re the key to unlock the true cost of your employees.

Understanding compensation data and how pay aligns with your organization’s overall compensation strategy will help you make well-informed business decisions, understand how your workforce is performing, and identify important pay trends.

But with so much data available, where do you start?

Learning Objectives

In the information-packed webinar, you will learn how to calculate key human resources metrics, why they’re important, and how utilizing these metrics can 1) save your organization money and 2) lead to improved business decisions.

  • Key terms related to compensation metrics
  • Which metrics are most useful when reviewing your organization’s compensation plan, and why
  • The most commonly used metrics and which ones matter most
  • How to calculate salary range penetration and compa-ratio
  •  How salary range penetration and compa-ratio are related
  • What linear regression is and how to use it
  • Best practices for comparing employee pay within a given salary range
  • Techniques to help you use compensation metrics to determine if you’re paying within market targets
  • What to do with all the data once you collect and analyze it
  • Standard Deviation, and how it can be used to compare internal employee salaries and to test for potential pay discrimination

Product ID: 17143

Bonus Material

Plus, you get the top-selling guide, Salary Structures: How to Choose, Develop, and Administer a Salary Structure – a $149 value – absolutely FREE!

This comprehensive 32 page report, delves into:

  •  Different Salary Structure Designs
  • Traditional Salary Structures
  • Broadband Structures
  • Market-Based Salary Structures
  • Step Salary Structures

This essential guide also gives you all the details you and your managers need to:

  1. Develop A Salary Structure
  2. Research Market Data For Benchmarked Jobs
  3. Decide Whether A Job Fits With A Benchmarked Job
  4. Find The Value Of A New Position Or One That Cannot Be Benchmarked
  5. Administrate A Salary Structure

Plus, you’ll also get examples of times when salary re-structuring is warranted. It’s a $149 value, but we’ll send you the PDF download for FREE. 

Learn the Terminology, Calculations & Comparisons Required to Create a Pay Plan that Makes Good Fiscal Sense!

Get it on demand now

Faculty

John A. Rubino
John A. Rubino
President, Rubino Consulting Services

John A. Rubino is President of Rubino Consulting Services and esteemed a faculty member and seminar developer for WorldatWork and the American Management Association. He teaches courses on total rewards development, quantitative analysis, compensation incentive plan design, job evaluation, performance management, base pay design, global compensation and benefits, effective communications and equity reward programs.

Continuing Education Units

  • hrci

    HRCI – Receive 1.25 recertification credit hours toward PHR and SPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org.

    “The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute’s criteria to be pre-approved for recertification credit.”

Learn the Terminology, Calculations & Comparisons Required to Create a Pay Plan that Makes Good Fiscal Sense!

Get it on demand now

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