Pay Structures – Develop a Framework from Start to Finish
In this course, you will learn how to develop, administer and maintain pay structures that are aligned with your organizational goals and pay philosophies—giving you the flexibility to perform this work in house, saving time and money. You will begin the course with an overview of pay structures and job evaluation methods, and then move into other important skills. This unique course blends practical application case studies with course instruction for a truly hands-on learning experience.
Perform job evaluation
Apply different types of salary grades
Utilize market data and company pay philosophies
Use tools and formulas to help develop a pay structure
Manage employees’ pay using the pay structure
Consider key issues when reviewing the pay structure each year
Enhance your learning experience! 24/7 Blended Learning provides you with the flexibility and convenience of e-learning AND interaction with colleagues and subject matter experts as you'd experience in a traditional classroom.
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Case Study – Measuring the Market: Adding market data to the scattergram and re-drawing the line of best fit / pay midpoint for the data
Pay Mechanics (Structure Design)
Number of grades: career bands, broad grades and narrow bands
Pay ranges: formulas and guidance on best practice
Pay slopes: formulas and guidance on best practice
Pay overlap: formulas and guidance on best practice
Smoothing the pay curve: techniques and guidance on best practice
Case Study – Pay Mechanics Part 1: Calculating pay slopes and assessing the appropriateness of a smoothed pay line for this set of data
Case Study – Pay Mechanics Part 2: Deciding on appropriate pay ranges, calculating pay slopes, ranges and overlaps for this set of data
A live web session will be held during the 5th week of class
Positioning Staff in the Pay Scale
Options for employees below minimum of pay scale
Options for employees above maximum of pay scale
Market premiums: guidance on types of premium and when they are necessary
How to deal with sales positions
Different ways of measuring position in the pay scale
Policy positioning options for linking position in pay scale to performance and expertise
Performance increase options
Case Study – Positioning staff in the pay scale: Dealing with staff below minimum and above maximum; dealing with sales staff; deciding which staff need market premiums, the quantum of premiums and how they should be paid
Reviewing the Pay Scale
Reviewing the pay structure
Timing and frequency
Measuring current position
Measuring market movement and inflation
Other external factors
Other internal factors
Differentiation for performance
Structuring the review proposal
Case Study – Reviewing the Pay Scale: Putting together a pay review presentation based on a scenario of internal and external factors
Case Study and final presentation
Live web session
Who Should Register
This seminar is designed for compensation professionals and HR professionals with a need to understand theory and application of design and maintenance of pay structures and the processes that are integrated with them, such as job evaluation and market pricing. Participants should have a basic understanding of Excel and general knowledge of compensation fundamentals.
Dianne Auld, GRP, CCP, CSCP, owns a consulting practice, Auld Compensation Consulting, in Cape Town, South Africa. She consults in all areas of total rewards to a wide range of organizations across Africa and the Middle East. She has developed and taught courses in Africa, the Middle East, Europe, and the United States.
Dianne is also a faculty member at WorldatWork and a reviewer for the WorldatWorkJournal. Well respected and known as an expert in Excel, Dianne has worked with WorldatWork to develop several products to assist compensation professionals with their day-to-day tasks in Excel. Together with WorldatWork, Dianne has developed two new WorldatWork Blended Learning courses, “Excel Skills for Compensation Professionals” and “Pay Structures – Developing a Framework from Start to Finish”, as well as Excel Tips for Compensation Professionals, which include sleek visual and audio demonstrations of tasks compensation professionals need to perform in their job function.
For traditional classroom courses, a print binder will be available for pickup 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 find out what to bring to your class, please visit www.worldatwork.org/prep.
Access to the e-learning product lasts for the specified amount of time (30, 60 or 120 days). Your e-learning product begins the day you purchase it, not the day you start it. Be sure to download any class materials prior to product expiration.
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Get the best of both worlds and more! Combining learning and study preferences, Blended Learningleverages independent e-learning and collaborative traditional classroom experiences with access to additional resources.
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.
Components of Blended Learning
All Blended Learning classes include a class discussion board, other components available within Blended Learning will vary in order to deliver the best learning experience possible. Classes may include access to components such as:
Live online session(s) with facilitator and peers
Articles and/or white papers
Tools and templates
How Much Study Time Should I Plan For?
A: Blended Learning classes are either led by a facilitator or self-paced. The course duration varies depending on the depth of knowledge shared within the particular class.
Facilitator-Led Blended Learning: All participants in these courses begin on the same day. You may access course materials any time—day or night—for 60 days after date of purchase.
If there is a course book, the entire book is available starting on the first day. The e-learning modules, activities and discussion boards are divided into sections that are released weekly over a 4-8 week period, depending on the amount of content. View Course Matrix
You will be able to view the course syllabus and course book (if applicable) starting on the first day. These are valuable tools to help you plan how much time you will want to spend in the course each week. It is recommended that you go through the materials carefully to gauge how long each e-learning module, case studies, activities, etc. will take you each week. (See sample class syllabus for facilitator-led classes).
All facilitator-led courses include at least one live event where students and the facilitator come together in an online environment to discuss course material, group exercises, questions and answers, etc. Live web sessions are scheduled from10 a.m. to 12 p.m. Pacific. Although these sessions are scheduled for two hours, they may or may not run that long. These sessions are recorded and are available for review soon after the event.
Discussion boards are included in every course and are monitored by the facilitator. You can access the discussion boards at any time. These are a great way to interact with your facilitator and other course participants. You can post questions, read threads from other participants and the facilitator, and respond to what others have to say.
Self-Paced Blended Learning: You can access your self-paced course shortly after you register. Some participants may have started before you, and others will start after you, based on their individual registration dates. You may access course materials any time—day or night—for 60 days after date of purchase.
All course materials are available starting on the first day. The e-learning modules, and activities divided into sections so that you can easily determine how you want to allocate your time over the duration of your access. View Course Matrix
You will be able to view the course syllabus and course book (if applicable) starting on the first day. These are valuable tools to help you plan ahead. It is recommended that you go through the materials carefully to gauge how long to spend in each e-learning module, case study, activity, etc. (See sample class syllabus for self-paced classes).
Discussion boards are included in every course and are monitored by a subject matter expert. You can access the discussion boards at any time. These are a great way to interact with your facilitator and other course participants. You can post questions, read threads from other participants and the facilitator, and respond to what others have to say.