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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.
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.
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.
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.
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.
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.
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.
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.
...ierarchy.Document current market ranges for all benchmark positions in alignment with up-to-date market positioning strategies.Update the minimum, midpoint, and maximum of each pay band under review.Input organizational data to identify potential inequities, analyze justifiable differences, and identify salary issues which need to be addressed.
Salary Assessment Tool
Tools And Templates: Total Rewards
Use this tool to conduct a salary assessment at your organization.
Blueprint Overview: Conduct a Salary Assessment
Video: Total Rewards
Prevent and address inequities before they transform into bigger problems.
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.
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.
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.
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 Learning in Action sheet to summarize key points from the Conduct Effective Pay Conversations training deck. Equip managers to hold successful pay conversations with their employees. Use this Learning in Action sheet to summarize key points from the Conduct Effective Pay Conversations training deck.
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.
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.
Close the Gender Wage Gap: Organizational Strategies Built for 2023
Note: HR Spotlight
Equal pay, gender equality, and protection from workplace discrimination have been the core pursuit of the women’s rights movement since its founding in the 1960s. Although we have made laudable progress on these fronts, significant systemic and structural barriers remain for women, with one of...
By Grace Ewles and Arushi Dawar. However, this perspective does not take into account the “systemic differences between the average wages or salaries of men and those of women” (Brittanica). It is estimated that globally women make 23 percent less compared to their male counterparts, with women earning $0.77, on average, for every $1.00 earned by.
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.
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.
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.
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