remuneration

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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.

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.

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.

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.

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.

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.

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.

Build a Total Rewards Statement

Video: Total Rewards

Summarize the value of the organization’s Total Rewards offering.

Total Rewards Statement Sample – Comprehensive

Tools And Templates: Total Rewards

Use this sample for ideas on how to design your organization’s Total Rewards statement.

Talent Management

SoftwareReviews: Software Category

A talent management system (TMS) is a suite of applications that automates all talent management processes related to recruitment, performance management, learning and development, and compensation management.

A talent management system (TMS) is a suite of applications that automates all talent management processes related to recruitment, performance management, learning and development, and compensation management.

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.

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.

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.

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 Manager of Compensation is responsible for maintaining and implementing the organization’s compensation programs. They are the first poin... This job description includes:Main ResponsibilitiesJob.