Less than half of companies under 100 employees have formal salary structures and only 70% of all U.S. companies have such structures. Yet almost all companies report that they have hard-to-recruit positions and they are vulnerable to loosing top talent. Having a competitive well-designed compensation system has long been a cornerstone of employee recruitment and retention, and regardless of the economy, it is critical to have a competitive compensation structure that fulfills your company's goals.
This webinar with expert Wesley Pruett will give you the tools to get started in developing a base pay plan or tune up your current plan. If you aren't totally clear about the meaning of market pricing, compa-ratio, grades and ranges, this webinar is for you. Wesley will present a broad overview of the philosophy and application of compensation systems. You will receive program handouts and sample pay grade with variable ranges.
Who should attend
This program is directed primarily at compensation and HR professionals or individuals responsible for designing and implementing compensation programs or for leaders interested in having a better understanding of compensation systems.
Wes Pruett is the owner of HR Advisors LLC, a consulting practice that provides service to clients who seek to align their business and employees, creating successful outcomes and excellent work environments. After 20 years in senior leadership within the Mayo Health System, he founded HR Advisors. Mr. Pruett provides... More info