How To Create A Salary Matrix To Distribute Base Pay Increases

with
John A. Rubino
Live Session
From $129.00
  • June 11, 2021, 1:30 pm   EST
Training Includes:
  • 1.0 HRCI, 1.0 SHRM
  • Certificate of Attendance
  • All resources and training materials
  • An on-demand recording will be available after the live presentation.

Human resources expert John Rubino will outline scenarios to distribute merit increases to your employees. He will present a step-by-step methodology for creating a merit-based salary increase matrix from scratch. You will learn how to adapt this approach to your organization.

What You'll Learn

  • How should you articulate a compensation strategy and philosophy?
  • What is the core principle for developing an effective merit pay program?
  • What factors affect the success of merit pay programs?
  • How can you effectively work within a traditional pay range structure?
  • What steps should you take to create a merit-based salary increase matrix?
When:
Rescheduled for Friday, June 11, 2021; 1:30 PM Eastern
Scheduled for 60 minutes including question and answer period.

Training Overview

Does your organization distribute raises equitably? Use a merit-based salary increase matrix.

To equitably distribute base salary increases to employees, you can design a merit pay approach. You should ensure that employees who add the most value receive higher raises. A salary increase matrix is the most effective method to structure the distribution of base salary rewards.

  • How should you articulate a compensation strategy and philosophy?
  • What is the core principle for developing an effective merit pay program?
  • What factors affect the success of merit pay programs?
  • How can you effectively work within a traditional pay range structure?
  • What steps should you take to create a merit-based salary increase matrix?

Who Should Attend?

  • Human resources professionals
  • Compensation directors, managers, and analysts
  • Business owners
  • Finance professionals
  • Operations managers
  • Employee relations staff
  • Supervisors
  • Senior management
  • Managers
  • Employee development staff

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

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.

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