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.
Balance internal equity and market competitiveness to build an effective base pay structure.
By the end of this course, learners will be able to design comprehensive compensation packages that attract and retain top talent, apply principles of equity and fairness to foster a positive work environment, and use market data to ensure competitive salary structures.
The Essentials of Compensation
Academy Course: Total Rewards
By the end of this course, learners will be able to design comprehensive compensation packages that attract and retain top talent, apply principles of equity and fairness to foster a positive work environment, and use market data to ensure competitive salary structures.
Salary Administration Guidelines
Tools And Templates: Total Rewards
Use this template to establish salary controls in order to avoid salary pain in the future.
Base Pay Structure Tool
Tools And Templates: Total Rewards
Create a base pay structure that is internally and externally equitable by balancing the internal job worth hierarchy with external market competitiveness.
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...
Lay the groundwork for compensation that is competitive, cost effective, and brand aligned.
Lay the groundwork for compensation that is competitive, cost effective, and brand aligned.
Craft a Compensation Philosophy
Video: Total Rewards
Lay the groundwork for compensation that is competitive, cost effective, and brand aligned.
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 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.
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.
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.
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 t... The Manager of Compensation is responsible for maintaining and implementing the organization’s compensation programs. This job description includes:Main ResponsibilitiesJob.
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. The Compensation Analyst is responsible for conducting market and internal research to provide data-driven recommendations on.
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.
Learning in Action: Conduct Effective Pay Conversations
Tools And Templates: Learning & Development
Use this Learning in Action sheet to summarize key points from the Conduct Effective Pay Conversations training deck.
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.
Summarize the value of the organization’s Total Rewards offering.
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. Summarize the value of the organization’s Total Rewards offering.
Build a Total Rewards Statement
Video: Total Rewards
Summarize the value of the organization’s Total Rewards offering.
Total Rewards Calculator
Tools And Templates: Total Rewards
Use this tool to calculate the potential Total Rewards package for candidates.
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.
Prevent and address inequities before they transform into bigger problems.
Salary structure assessments help prevent and address pay inequities. Download our research to learn the critical elements of a successful salary assessment. Prevent and address inequities before they transform into bigger problems.
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.
Employee Bonus Guide
Blueprint: Total Rewards
There is no one-size-fits-all approach when designing a bonus program. Download our research guide and learn how to create the right employee bonus program.
This informational guide examines various employee bonus plans and implementation details.
There is no one-size-fits-all approach when designing a bonus program. Download our research guide and learn how to create the right employee bonus program. This informational guide examines various employee bonus plans and implementation details.
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