How To Create A Salary Matrix To Distribute Base Pay Increases
Human resources expert John Rubino will outline scenarios to distribute merit increases to your employees. He will present a step-by-step methodology for creating a merit-based salary increase matrix from scratch. You will learn how to adapt this approach to your organization.
What You'll Learn
- How should you articulate a compensation strategy and philosophy?
- What is the core principle for developing an effective merit pay program?
- What factors affect the success of merit pay programs?
- How can you effectively work within a traditional pay range structure?
- What steps should you take to create a merit-based salary increase matrix?
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