Pay Evaluation Practices: Pay Grades, Matrices, And Conversations (3-Part Series)

Bob Verchota Bob Verchota
John A. Rubino John A. Rubino

Compensation experts Bob Verchota and John Rubino will share techniques you can immediately apply to calculate and present fair pay reviews throughout your organization. You will learn how to set expectations and mitigate employee disappointment.

Sessions Included

  • Fundamentals Of Compensation: Developing Pay Grades And Salary Ranges
  • Compensation Conversations: What HR Needs To Know
  • How To Create A Salary Matrix To Distribute Base Pay Increases
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INFORMATION
Training Overview

Make your organization pay evaluation less painful. Learn how to calculate and communicate salary changes.

Employees eagerly anticipate conversations about compensation, hoping to hear the good news of raises. These meetings often end in disappointment resulting from haphazard salary calculations or unconvincing justifications.

You need to master the entire compensation cycle to retain employees while protecting your organization. Salary reviews will go smoothly when powered by thoughtful pay grades, merit-based salary increase matrices, and clear communications.

To help you take the pain out of pay reviews, we have assembled a series of three insightful webinars covering everything you need to know.:

Pay Evaluation Practices: Pay Grades, Matrices, And Conversations (3-Part Series)

Webinar 1: Fundamentals Of Compensation: Developing Pay Grades And Salary Ranges

  • Assessing internal and external equity
  • Defining the market for each job
  • Role of surveys, data, and benchmarking
  • Grades and ranges in compensation plans
  • Criteria to rank positions and assign grades
  • Special cases

Webinar 2: Compensation Conversations: What HR Needs To Know

  • Culture around expectations, employee performance, and pay
  • Transparency in today’s environment
  • Vexing questions about performance and pay
  • Market effects on your compensation system
  • Roles of managers and Human Resources in determining pay
  • Communication to support employee engagement

Webinar 3: How To Create A Salary Matrix To Distribute Base Pay Increases

  • Articulating a compensation strategy and philosophy
  • Core principle for developing an effective merit pay program
  • Factors that lead to the success of merit pay programs
  • Working effectively within a pay range structure
  • Steps to create a merit-based salary increase matrix
Recommended Audience
Who Should Attend?
  • Human resources professionals
  • Business owners
  • Plant managers
  • Clinical staff
  • Operations managers
  • Safety managers
  • Location managers
  • Employee relations staff
  • Division supervisors
  • Supervisors
  • Chief executives
  • Executive directors
  • Senior management
  • Managers
  • Development staff
  • Program directors
APPROVAL AND VALIDITY
Credits
  • This program has been approved for 3.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 3.0 PDCs for the SHRM-CP or SHRM-SCP.
Bob Verchota
About

Expert Presenter

Bob Verchota
  • Owner and senior consultant for RPVerchota & Associates, providing services to align businesses and employees through successful outcomes and excellent work environments
  • 30+ years in human resources senior leadership
  • 15 years in business operations
  • Taught undergraduate and graduate courses in leadership and organizational development
  • Lifetime Senior Professional in Human Resources
  • Undergraduate degree in business administration
  • Graduate degree in healthcare administration
  • Doctoral work (ABD) in organizational development
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John A. Rubino
About

Expert Presenter

John A. Rubino
  • President and founder of Rubino Consulting Services (RCS), a global human resources consulting company based in New York
  • Focuses on the design and implementation of corporate values/objectives and their linkage to human resources strategies, compensation analysis and program development, performance-driven incentive plans, sales compensation programs, performance management systems, management training programs, team dynamics, leadership skills, motivational training, and human resources communication programs
  • Previously senior manager of human resources consulting services for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company
  • Internationally acclaimed speaker, course developer, and seminar leader for WorldatWork and the American Management Association
  • Author of Developing Compensation Programs: Job Analysis, Evaluation and Classification and Communicating Compensation Programs: An Approach to Providing Information to Employees
  • Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), and Global Remuneration Professional (GRP), Senior Practitioner in Human Resources (SPHR), and a Master Reward Specialist (South Africa)
  • BA from Wagner College
  • MBA from the Lubin Graduate School of Business, Pace University
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