Essentials of Base, Performance, and Supplemental Pay Programs
No webinars are scheduled at this time.
Overview

This is an intermediate level course for those with a working knowledge of compensation.

Fair, market competitive, and equitable ongoing pay programs, including base pay, pay for performance, and supplemental pay programs, are critical to a highly engaged workforce.

In this webinar, you will learn various approaches to effectively design, administer, and communicate base pay and supplemental pay programs. This will include the focal and anniversary review cycle, pay for performance, managing pay compression, supplemental pay practices, new hire pay, plus a wealth of other information a compensation professional needs to know.

This webinar can be taken alone or as part of a series that should be taken in this order: Compensation Basics: Job Analysis, Descriptions & Evaluations, Analyzing and Using Salary Survey Data, Designing Pay Structures, Essentials of Base, Performance, and Supplemental Pay Programs.

Learning Objectives
  • Describe the tools and programs needed for successful salary administration covering a range of methodologies such as flat rates, step rates, and variable step rates, with an emphasis on merit increase programs
  • Identify latest trends in performance management
  • Explain how to stretch your salary increase budget to truly pay for performance
  • Identify key terms and approaches to administer pay adjustments for promotions, transfers, demotions, compression issues, and temporary assignments
  • Describe different methodologies used in setting up supplemental pay programs including differentials, allowances, and one-time bonuses
  • Explain compensation guidance for your new hire process
  • Identify various pay approaches and best applications for your business
  • Define techniques to effectively develop career ladders and establish job titling guidelines and policies
  • Describe how to monitor and audit your organization's pay
  • Explain your pay programs effectively
Credit & Professional Continuing Education Information

Credit Hours - You must attend for 90 minutes to be eligible:

  • SHRM-CP/SHRM-SCP: ERI Distance Learning Center is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

    SHRM Approved Provider Logo




  • aPHR/PHR/SPHR/GPHR: ERI Distance Learning Center is a recognized provider of recertification credits. The HR Certification Institute® (HRCI®) has pre-approved this activity for 1.5 HR (General) credit hours towards aPHR, PHR®, SPHR®, and GPHR® recertification.

    HR Certification Institute's® (www.HRCI.org) official seal confirms that ERI Economic Research Institute’s Distance Learning Center meets the criteria for pre-approved recertification credit(s) for any of HRCI’s eight credentials, including SPHR® and PHR®.



  • CBP/CCP/GRP/WLCP/CECP/CSCP: This webinar qualifies for recertification credit for the Certified Compensation Professional (CCP®), Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), Work-Life Certified Professional (WLCP®), Certified Executive Compensation Professional (CECP) and Certified Sales Compensation Professional (CSCP) designations granted by WorldatWork Society of Certified Professionals. Please note that the CECP and CSCP designations require a minimum number of credits from executive and sales compensation-related activities. For more information on recertification, visit the WorldatWork Society recertification webpage at www.worldatwork.org/certification/recertification.

Course Number:
SAWEB
Category:
Salary Administration
Field of Study:
Specialized Knowledge & Applications
Audience:
HR Managers, Compensation Managers, Compensation Analysts
Level of Difficulty:
Intermediate
Delivery Method:
Group Internet-Based
Prerequisites:
None
Advanced Preparation:
None
SHRM BoCK:
SHRM BoCK: As defined by the SHRM Body of Competency and Knowledge TM, this webinar covers competency topics related to Relationship Management and Critical Evaluation with the knowledge area being Compensation and Benefits.
Meet the Presenter

Linda Cox, CCP
Linda is the Compensation Project Manager at ERI Economic Research Institute and has over 30 years of Global Compensation Director-level and consultative experience with major multi-national corporations such as Allergan, Beckman Coulter, Quest Software and Dell. She holds a Bachelor of Science Degree in Business Education from California State University, Long Beach, and is a Certified Compensation Professional. She is a Compensation & Rewards Instructor for the University of California’s Continuing Education Department and also currently volunteers as Treasurer of The Orange County Compensation & Benefits Association. Linda’s business and personal travel has taken her to 32 countries and almost 400 cities throughout the world. She also established the Allergan International Assignment Program which grew to 67 expatriates during her 16 year Allergan career.

No webinars are scheduled at this time.
Requirements

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No webinars are scheduled at this time.
The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/