MODERN COMPENSATION PLANNING

E-COURSE

Define Your Comp Strategy

A comprehensive compensation plan is critical to any organization’s continued success. Whether you’re creating a modern compensation plan for the first time or updating an existing one, this 7-day e-course will help you create a plan that sets your organization up for long-term success.

What’s in the e-course?

  • Day 1: Get Buy in and Develop Your Pay Philosophy
    • Some prep work is necessary for something this important.
  • Day 2: Define Your Compensation Strategy
    • Answer key questions and determine top priorities based on your organization’s needs.
  • Day 3: Select Market Data Sources
    • Learn about the variety of data sources available and how to use them.
  • Day 4: Establish Your Pay Ranges
    • Understand pay ranges and how to apply market data points to pay your employees.
  • Day 5: Create Policies and Processes
      https://www.payscale.com/hr/define-your-comp-strategy

    • Create the policies and processes to carry your plan forward.
  • Day 6: Implement Your Plan
    • Think through final choices and put your plan into action
  • Day 7: Keep Your Plan Updated
    • Learn how to keep your plan current year-over-year and between cycles.

How does it work?

After you sign up for the course, we will send you one email per day covering the above topics. Each email will contain information, best practices, and resources to help you create the best compensation plan for your organization