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

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