03-10 to 03-21-2025 11:00 AM EST

One of the most valuable and challenging skills human resources and payroll professionals can possess is the ability to plan and implement compensation plans. By rewarding employees appropriately, you can attract top talent, improve staff retention, and maximize profitability. Knowing how to collect and analyze compensation data is the first step. Next, you can use this information to create competitive cash rewards programs that appeal to both current and potential employees. The webinar series Compensation and Metrics Programs—10 Session Profession Level Certification will cover all of this and more. There are two separate certification programs in the complete program. The first will cover compensation metrics in detail. The second will teach you how to develop competitive cash rewards programs. Following these ten sessions, you'll be able to structure compensation plans that appeal to applicants and employees while supporting the success of your organization.  By demonstrating your compensation knowledge, you will be able to align employee rewards with organizational success. You will earn two prestigious certifications upon completion of the program. Each of the 10 sessions will be guided by John A. Rubino, our expert compensation speaker.  After completing the program, you will be able to develop cash rewards programs that are based on solid information and competitive in your market. Additionally, you'll learn how to communicate your organization's strategy effectively and improve bottom-line results.

During this highly informative compensation program our expert speaker will go step-by-step explaining:

• Aligning employee rewards with organizational success
  
• Attracting and retaining top talent
  
• Compensation Metrics Certification
  
• Compensation Program Design
  
• Core Metrics for Compensation Analysis
  
• Compensation Discrimination and Analys
  
• Statistical Measures
  
• Base Pay Structure
  
• Cash Compensation Programs Certification
  
• Market Analysis
  
• Pay Structures
  
• Broadbanding
  
• Variable Pay
  

You’ll Also Receive

• PDFs of the presentation slides for each session and any other hand out materials the speaker distributes
  
• 2 valuable certifications upon successful completion of the program
  
• 1 Free examination attempt is included with the program
  
• You’ll be able to develop and communicate compensation strategies to management and employees
  
• Most importantly, you’ll be taking an important step forward in your career by developing skills that will be important for your career development
  

10 Session Program Outline
Part 1: Compensation Metrics Certification
Session 1.1 Compensation Program Design

• Compensation program objectives
  
• Methodology and design for a base pay structure
  
• Pay range components and range spread calculations
  
• Use of benchmark jobs for base pay structure design
  
• Relevant metrics, formulas, and calculations
  
• Practical applications and examples of compensation metrics
  

Session 1.2: Core Metrics for Compensation Analysis

• Pay positioning for internal and external competitiveness
  
• How to determine whether salary ranges are too wide or too narrow
  
• Best practices for using compensation metrics to determine market targets
  
• Key questions about pay practices and overall compensation philosophy
  

Session 1.3: Compensation Discrimination and Analysis

• Measures of compensation variability
  
• Analysis of competitive compensation positioning and HR policy effectiveness
  
• Calculations that aid in the design and analysis of
  compensation
  
• Discrimination testing
  

Session 1.4: Statistical Measures

• Computations and applications
  
• How to identify data outliers, assess internal equity, and evaluate external competitiveness
  
• Job evaluation and market survey data
  
• Using quantitative HR applications for compensation measurements
  
• Regression analysis—part 1

Session 1.5: Base Pay Structure

• Six-step methodology for developing and implementing a base pay structure
  
• Discussion of various strategic applications
  
• Regression analysis—part 2
  

Part 2: Cash Compensation Programs Certification
Session 2.1: Market Analysis

• Compensation program objectives
  
• Strategic methodologies for building base pay structures
  
• Job evaluation techniques
  
• Techniques and protocols for interpreting salary market information
  
• Approaches for dealing with high-demand jobs
  
• Techniques for market pricing hybrid jobs
  

Session 2.2: Pay Structures

• Pay structure design techniques and considerations
  
• Creating a base pay policy line
  
• Components and applications of pay grades
  
• Market pricing and point factor approaches
  

Session 2.3: Pay Structures (Continued)

• Hands-on, step-by-step exercises and pragmatic examples
  
• Maintaining base pay structures and keeping them up-to-date
  
• Salary compression and solutions
  
• Geographic differentials
  

Session 2.4: Broadbanding

• Broadbanding and how it differs from traditional pay
  structures
  
• Defining control points and applying them to the
  broadbanding approach
  
• Reasons for adopting broadbanding
  
• Advantages and disadvantages of broadbanding
  
• Transforming a traditional base pay structure to a
  broadbanding system
  
• Examples of broadbanding applications
  

Session 2.5: Variable Pay

• Eight-step design methodology for developing variable pay programs
  
• Quantitative and qualitative performance measures
  
• Cascading performance management approach
  
• Variable schedules using target, threshold, and maximum payout criteria
  
• Total cash variability approach
  
• Business performance variability and the effect on payout cycling
  
• Managed communication approach
  
• Ten criteria for success and pitfalls to avoid