Presented by Greg Wolf and Dane Sinn, Compdata Consulting
In the aftermath of The Great Recession, many compensation plans will need a more thorough makeover than what normal market pricing activities offer. Learn how incorporating a thorough job analysis review into your standard market pricing process can assist in appropriately recalibrating the compensation programs in your organization.
This presentation outlines five steps that will ensure you uncover the areas that need dusting off. Learn how to identify the specific objectives of the project, analyze current responsibilities of positions, determine effective market data sources, appropriately compare to the market and develop an implementation and communication plan.
Revamping your compensation plans can be a daunting process, but this approach will help you create a balanced and equitable plan that is current with the evolving economy.