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Building Salary Budgets and Merit Matrixes In Todays Economy
Presented By 247compliance
Tuesday, August 27th at 3:00pm EST
Online sale ends: 08/27/19 at 2:00pm EST
2035 Sunset Lake, RoadSuite B-2, Newark, Delaware - 19702
newark, DE 19702
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Teri Morning

OVERVIEW:-It’s a fact of life that most people have to work for money. Even people who love their jobs likely would not perform them free. To a company, the salary budget is its biggest expense. To employees, it is a reward system for their work performed in your company and for the skills they bring to the workplace. It is also communicating to your employees what sort of work ethic, skills, and attitude are rewarded at your company. So, when a company determines how salary rewards administration is structured, including wage rates and for what and how employees will be rewarded, those decisions are critical “make or break” decisions. 

  • Compensation is a reward system. Changing the mindset of pay and taking the mystery out of pay.
  • Basic elements of a salary system.
  • Internal equity, external equity and individual performance. 

WHY SHOULD YOU ATTEND:-When your supervisors determine which employees will get pay increases and how much they deserve, they are making or breaking your business. How? By connecting performance to pay, or not, your managers tell your employees what sort of work ethic, skills, and attitude get rewarded at your company. 

  • Connecting performance with pay. 
  • Merit budgeting. 
  • Using a limited merit increase budget most efficiently.
  • What is variable pay.
  • How to use variable pay in conjunction with your existing salary system.  
  • How salary compression and salary inversion happen and what you can do. 

  • HR Managers
  • HR Generalists
  • Business Owners and CEO's
  • Plant Managers
  • Management Personnel
  • Compensation Professionals
  • Benefit Professionals
  • CFOs

       Teri Morning
MBA, MS, specializes in solving company "people problems"
Teri is the founder and President of Hindsight Human Resources.www.hindsightcloud.com.
Teri also sources HR software solutions for incident tracking, employee relations, safety (Incident Tracker), compensation (Compease) and performance management (Performance Pro).

For more detail please click on this below link:
Email: support@247compliance.com
Tel: +1-(510)-868-1040

Presented By

3:00pm to 4:00pm
Doors open at 3:00pm

General Admission: $199.00

All Ages

247compliance<br> 2035 Sunset Lake, RoadSuite B-2, Newark, Delaware - 19702<br> newark, 19702


Human Resources