Change Location × Newark, DE

    Recent Locations

      Building Salary Budgets and Merit Matrixes In Todays Economy in Newark


      • Building Salary Budgets and Merit Matrixes In Todays Economy Photo #1
      1 of 1
      August 27, 2019

      Tuesday   3:00 PM - 4:00 PM

      2035 Sunset Lake, RoadSuite B-2, Newark, Delaware - 19702
      Newark, Delaware 19702

      Map
      Performers:
      • No Performers Listed
      EVENT DETAILS
      Building Salary Budgets and Merit Matrixes In Todays Economy

      ​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. 


      LEARNING OBJECTIVES:-

      • 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. 
      AREAS COVERED
      • 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. 

      WHO WILL BENEFIT?
      • HR Managers
      • HR Generalists
      • Business Owners and CEO"s
      • Plant Managers
      • Management Personnel
      • Compensation Professionals
      • Benefit Professionals
      • CFOs

      SPEAKER       Teri MorningMBA, 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:
      http://bit.ly/2Kvjye8 
      Email: support@247compliance.com
      Tel: +1-(510)-868-1040


      Cost: 199.00

      Categories: Education

      Event details may change at any time, always check with the event organizer when planning to attend this event or purchase tickets.