How To Conduct A Market Data Analysis

Human resources expert John A. Rubino will reveal how to determine appropriate compensation levels in the midst of the highest inflation since 1981. You will learn how to appease employees and appeal to applicants.

What You'll Learn

  • How should you build base pay structures?
  • What are the best techniques for compiling salary market information?
  • How can you interpret the numbers to relate them to your team?
  • Which benchmark positions should you select and analyze?
  • What role should multiple salary surveys play?
  • What compensation approaches work for high-demand jobs?
  • Is most currently available salary data obsolete due to inflation?
  • How can you market-price hybrid jobs?
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INFORMATION
Training Overview

Be honest: how much do you need to pay employees? Learn how to determine competitive market compensation.

With skyrocketing inflation, employees and job candidates expect to earn more—much more! You can analyze the market to determine what compensation levels are appropriate and necessary to retain and attract top talent.

Your old pay ranges and assumptions about salaries are now obsolete. In 2022, you must develop new metrics to make your organization competitive.

  • How should you build base pay structures?
  • What are the best techniques for compiling salary market information?
  • How can you interpret the numbers to relate them to your team?
  • Which benchmark positions should you select and analyze?
  • What role should multiple salary surveys play?
  • What compensation approaches work for high-demand jobs?
  • Is most currently available salary data obsolete due to inflation?
  • How can you market-price hybrid jobs?
Recommended Audience
Who Should Attend?
  • Human resources professionals
  • Business owners
  • Finance professionals
  • Operations managers
  • Employee relations staff
  • Division supervisors
  • Supervisors
  • Chief executives
  • Executive directors
  • Board members
  • Senior management
  • Managers
  • Development staff
  • Hiring staff
APPROVAL AND VALIDITY
Credits
  • This program has been approved for 1.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 1.0 PDCs for the SHRM-CP or SHRM-SCP.
What's included
Training includes
  • 1.0 HRCI, 1.0 SHRM
  • Certificate of Attendance
  • All resources and training materials
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