Compensation
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Design a Base Pay Structure
Blueprint: Total Rewards
Compensation, specifically base pay, is usually the highest organizational cost, and a significant factor in employee attraction and retention. While few organizations lack any structure for base pay at all, many do not have a proper, equitable, consistent, and flexible approach.
The Essentials of Compensation
Academy Course: Total Rewards
After completing this course, learners will be equipped to successfully drive employee engagement and retention through a comprehensive onboarding plan that acclimates, guides, and develops new hires along their onboarding journey.
Salary Administration Guidelines
Tools And Templates: Total Rewards
Use this template to establish salary controls in order to avoid salary pain in the future.
Case Studies: Base Pay Structure
Case Study: Total Rewards
A defined approach to base pay is essential to boost employee engagement and increase employee attraction and retention. Read these case studies to learn how these companies created a base pay structure that is defensible, competitive, flexible, and practical.
Craft a Compensation Philosophy
Blueprint: Total Rewards
Employee compensation often comprises the majority of an organization’s ongoing operating expenses, yet few organizations have plans in place to direct and control this expenditure. A well-designed compensation philosophy clearly articulates the organization’s approach to pay for each of its...
Workshop Overview: Craft a Compensation Philosophy and Prepare for Job Evaluation
Note: Total Rewards
Engage McLean & Company facilitators to lead your team through the Craft a Compensation Philosophy and Prepare for Job Evaluation workshop.
Compensation Philosophy Worksheet
Tools And Templates: Total Rewards
A Compensation Philosophy documents your organization’s governing principles for compensation programs and activities. Use the Compensation Philosophy Worksheet to assess and document the factors that will inform your Compensation Philosophy.
Compensation Philosophy Template
Tools And Templates: Total Rewards
Use this Compensation Philosophy Template (also known as a Pay Philosophy) to document your organization’s governing principles for compensation programs and activities.
Case Study: Craft a Compensation Philosophy
Case Study: Total Rewards
Refer to this case study for an example of the process of drafting a compensation philosophy.
Craft a Compensation Philosophy Executive Briefing
Note: Total Rewards
Use this executive briefing to make the case to your executive team for crafting a compensation philosophy.
Equip Managers to Conduct Effective Pay Conversations
Blueprint: Learning & Development
Compensation often causes unnecessary stress and confusion between employees and managers. Support managers by providing the understanding, information, and guidance needed to hold successful compensation conversations with their employees.
Prepare managers to engage in difficult conversations about compensation.
Compensation often causes unnecessary stress and confusion between employees and managers. Support managers by providing the understanding, information, and guidance needed to hold successful compensation conversations with their employees.. Prepare managers to engage in difficult conversations about compensation. .
Analyst, Compensation
Job Description: Job Description
The Compensation Analyst is responsible for conducting market and internal research to provide data-driven recommendations on compensation programs and their delivery, to ensure the organization remains competitive.
The Compensation Analyst is responsible for conducting market and internal research to provide data-driven recommendations on compensation programs and their delivery, to ensure the organization remains competitive..
Manager, Compensation
Job Description: Job Description
The Manager of Compensation is responsible for maintaining and implementing the organization’s compensation programs. The incumbent leads a team to meet the requirements of compensation programs throughout the year. First point of contact for HR business partners and those with compensation...
The Manager of Compensation is responsible for maintaining and implementing the organization’s compensation programs. The incumbent leads a team to meet the requirements of compensation programs throughout the year.
Academy | Compensation Essentials Introduction
Video:
Academy | Compensation Essentials Introduction. academy. video.
Build a Total Rewards Strategy
Blueprint: Total Rewards
Compensation and benefits alone are not enough to motivate, engage, and retain employees. Use our research to create a holistic Total Rewards strategy.
Move beyond a traditional approach to total rewards toward a more holistic and flexible strategy.
Build a Total Rewards Strategy. Solution Set. blueprint. Total Rewards. Total rewards strategy compensation strategy benefits strategy wellbeing strategy recognition strategy employee development strategy employee motivation employee preferences attracting and retaining talent total rewards strategy examples compensation and benefits strategy. Compensation and benefits alone are not enough to motivate, engage, and retain employees. Use our research to create a holistic Total Rewards strategy.. Move beyond a traditional approach to total rewards toward a more holistic and flexible strategy..
Conduct a Salary Assessment
Blueprint: Total Rewards
Salary structure assessments help prevent and address pay inequities. Download our research to learn the critical elements of a successful salary assessment.
Conduct a Salary Assessment Executive Briefing
Note: Total Rewards
Use this briefing to make the case for conducting a salary assessment to the executive team.
Webinar: CHRO Panel: Centering the Employee Experience to Positively Impact Retention
Video: HR Strategy
Employees’ expectations of their experiences at work are evolving. Organizations not only have to compete with each other for talent - candidates and employees have more choices now than ever, and they know it.
Webinar: CHRO Panel: Centering the Employee Experience to Positively Impact Retention. webinar. video. HR Strategy. Employees’ expectations of their experiences at work are evolving. Organizations not only have to compete with each other for talent - candidates and employees have more choices now than ever, and they know it..
Evolve Pay for Performance
Blueprint: Total Rewards
The traditional approach to annual base pay increases and bonuses is no longer relevant or impactful in today’s environment. Organizations need to redefine the objectives for such programs and design a new approach that will achieve the redefined objectives, tailoring for employee segments as...
Shift from a one-size-fits-all to a tailored approach to base pay increases and bonuses.
Total Rewards. merit pay pay increase base pay increase annual base pay increase salary increase annual bonus bonus compensation annual increase pay for performance pay for potential pay for contribution. The traditional approach to annual base pay increases and bonuses is no longer relevant or impactful in today’s environment.
Evolve Pay for Performance Executive Briefing
Note: Total Rewards
Use this document to make the case to your executives for tailoring the base pay increase and bonus approach to your organization.
Build a Total Rewards Statement
Blueprint: Total Rewards
A significant amount of employees lack understanding of the actual value of their Total Rewards package. Communicating the Total Rewards offering to potential candidates and current employees will improve retention and the organization’s competitive positioning in the labor market.
Total Rewards Calculator
Tools And Templates: Total Rewards
Use this tool to calculate the potential Total Rewards package for candidates.
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