Pricing Critical Skills and Unique Positions (Competitive Market Pay)
Pricing Critical Skills and Unique Positions (Competitive Market Pay)
Gain a Competitive Advantage
Compensation professionals around the world are trying to manipulate a tried and true process to fit unique jobs. WorldatWork can now provide you with the knowledge and skills you need to eliminate this daunting task. Gain a competitive advantage today as you learn how to use strategic market pricing to attract and retain key talent for your critical skills and unique job positions.
Discover the value of strategic market pricing to attract and retain key talent
Find out how to distinguish between data and intelligence
Learn how to assess data history and use surveys strategically
Gain an understanding of critical skills and how to assess them
Explore advanced market pricing methods including aligning criticality and competency, blending jobs, weighting jobs, competing for talent, and resolving discrepancies.
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Strategic Market Pricing to Attract and Retain Key Talent
Distinguish between data and intelligence
Use surveys strategically
Look at data historically
Move from data to intelligence
Pricing Critical Skills positions
Define critical skills
Assess critical skills
Advanced market pricing methods
Aligning criticality and competency
Blending jobs
Weighting jobs
Pricing variable pay
Considering total compensation
Pricing without benchmarks
Competing for talent
Resolving discrepancies
Case Study
State of the State
Create a “state of the state” paper for the CEO. This document will give an overview of the critical skills position in the market, so that both you and the CEO can get some perspective on the state of this position in the industry.
Price the job
Use survey data to price the position and create defensible documentation of your work.
Create a rationale for the choices you made in pricing the position, including both strategic considerations and technical requirements.
Who Should Register
This seminar is designed for analysts, managers and specialists who have responsibility for market pricing positions within their organization.
For traditional classroom courses, a print binder will be available for pick up on site the day of the seminar. E-learning and Blended Learning course materials can be found online within the product. To download course material amendments, view class rosters and to find out what to bring to your class, please visit www.worldatwork.org/seminars.
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24/7 access provides greater convenience and flexibility
Class discussion board allows access to peers and subject matter expert
Study when time allows
Integration of group and independent study
No “out of office” time needed
No travel expense.
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Course Credits
