HR Competencies

  • Consultation
  • Business Acumen
  • Critical Evaluation

Objective

Direct pay programs are vital to an organization’s success as key drivers in attracting, recognizing and retaining distinctive, crucial talent. Participants in this advanced compensation session develop enhanced critical thinking skills and knowledge related to developing strategies that support the compensation philosophy, creatively designing programs to meet business objectives and identifying and actively resolving compensation challenges. Through discussion of real-life scenarios and practical exercises, participants gain familiarity with multi-faceted compensation situations, practices, and approaches. The value of accomplished interpersonal skills required for the delivery of successful compensation interactions, decisions, and formal communications is also discussed.

Outline

  • Applying the compensation philosophy
  • Business case development
  • Legal compliance
  • Budget development 
  • Situational analysis
  • Communication challenges

Designed For

HR managers, supervisors, and professionals who have a minimum of two years of Compensation experience. This class assumes that participants have knowledge of compensation basics, covered in Compensation Administration I: Base Pay Design and Development, along with two years of practical experience in administering, designing and communicating compensation programs

Credits



Class Details

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