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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.
Examine how to align pay for performance with an organization’s context and people strategy, defining objectives for the approach and selecting appropriate methods to determine annual base pay increases and bonuses.
Pay for Performance
Academy Course: Total Rewards
Examine how to align pay for performance with an organization’s context and people strategy, defining objectives for the approach and selecting appropriate methods to determine annual base pay increases and bonuses.
Case Studies: Evolve Pay for Performance
Case Study: Total Rewards
Refer to these case studies for examples of how organizations have evolved pay for performance.
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.
Organizational Retirement Preparation Guide
Blueprint: Talent Management
Retirement is a complex process for organizations to navigate. The Organizational Retirement Preparation Guide provides HR departments with guides and templates and the necessary information to ensure a smooth transition for retiring employees.
Curate resources to effectively manage retirements before, during, and after they happen.
Exit Summaries are short documents that help ensure all departing employees leave the organization with the necessary information about final pay,... Customize this template to reflect your organization's policies and processes with respect to:Payment of final earningsCompensation and benefit program continuancePayment of expensesReturn of company.
Exit Summary Template
Tools And Templates: HR Technology & Operations
Exit Summaries are short documents that help ensure all departing employees leave the organization with the necessary information about final pay, benefits, and contact information, making the final transition as smooth as possible.
Create a Job Worth Hierarchy
Blueprint: Total Rewards
Create a job worth hierarchy to illustrate where each job fits relative to every other job in the organization. This is critical to establish internal equity, provide legal defensibility, and verify market data.
Prove the value of job evaluation by implementing an effective and efficient process that is aligned with organizational strategy.
...at suits your organization and d communications planUse the Pay Transparency and Communications Plan to:Document current and desired transparency states.Evaluate organizational factors to help you assess your organization's desired versus current pay transparency state.Create a pay transparency strategy to help you move from your current state.
Pay Transparency and Communications Plan
Tools And Templates: Total Rewards
Develop a pay transparency strategy that suits your organization and draft a communications plan that aligns to your strategic objectives.
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.
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.
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.
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.
Salary Administration Guidelines
Tools And Templates: Total Rewards
Use this template to establish salary controls in order to avoid salary pain in the future.
Design a Base Pay Structure Executive Briefing
Note: Total Rewards
Use this briefing to make the case to your executive team for designing a defensible, competitive, flexible, and practical base pay structure.
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.
Use this sample report to gain ideas on how to structure your own pay equity report. A pay equity report for protected classes summarizes and communicates the current state, enabling recommendations on how to ensure your organization is in compliance and paying employees fairly.
Pay Equity Report Sample
Tools And Templates: Total Rewards
Use this sample report to gain ideas on how to structure your own pay equity report.
Case Studies: Conduct a Salary Structure Assessment
Case Study: Total Rewards
Refer to these case studies for examples of how organizations have undergone a salary assessment.
Salary Assessment Tool
Tools And Templates: Total Rewards
Use this tool to conduct a salary assessment at your organization.
Payroll
SoftwareReviews: Software Category
Payroll software automates the calculations, and provides tracking of, employee payrolls. Systems usually provide interfaces with the company’s accounting, HR and employee benefits systems.
Payroll software automates the calculations, and provides tracking of, employee payrolls. Systems usually provide interfaces with the company’s accounting, HR and employee benefits systems.
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.
Use this tool to calculate the potential Total Rewards package for candidates.. Help Talent Acquisition Specialists show the potential Total Rewards package to prospective employees, so they understand the full value beyond just base pay. Use the Total Rewards Calculator to calculate:Total Compensation.Insurance Plans.Savings &.
Total Rewards Calculator
Tools And Templates: Total Rewards
Use this tool to calculate the potential Total Rewards package for candidates.
Navigating the Cost-of-Living Crisis and Its Impact on the Workplace
Note: HR Spotlight
By understanding the impact of the cost-of-living crisis on employees, organizations can implement strategies to support their employees and foster greater employee engagement, wellbeing, and productivity.
Explore on-demand pay options: Look into implementing pay systems and technologies that allow employees to access their earnings as they are earned, resulting in greater financial flexibility. Incorporate regular compensation reviews: Conduct regular and timely reviews of compensation packages to ensure they remain competitive and reflective of.
Specialist, Payroll
Job Description: Job Description
The Payroll Specialist is responsible for administering payroll for the organization. The incumbent is responsible for maintaining employee records and inputting data into systems for accurate and efficient payroll delivery.
The Payroll Specialist is responsible for administering payroll for the organization. The Payroll Specialist is responsible for administering payroll for the organization. The incumbent is responsible for maintaining employee records and inputting data into s... This job description includes:Main ResponsibilitiesJob.
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.
Use this Compensation Philosophy Template (also known as a Pay Philosophy) to document your organization’s governing principles for compensati... Use this Compensation Philosophy Template (also known as a Pay Philosophy) to document your organization’s governing principles for compensation programs and activities.Recommended categories.
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.
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.
Use this participant handbook as a resource for participants to reference during and after the Equip Managers to Conduct Effective Pay Conversations training.. This handbook serves as a reference guide participants will use to support formal training. The Equip Managers to Have Effective Pay Conversations Handbook includes: Key concepts and.
Handbook: Equip Managers to Conduct Effective Pay Conversations
Tools And Templates: Learning & Development
Use this participant handbook as a resource for participants to reference during and after the Equip Managers to Conduct Effective Pay Conversations training.
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.
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