Human resources expert John Rubino will outline scenarios to distribute merit increases to your employees. He will present a step-by-step methodology for creating a merit-based salary increase matrix from scratch. You will learn how to adapt this approach to your organization.
What You'll Learn
- How should you articulate a compensation strategy and philosophy?
- What is the core principle for developing an effective merit pay program?
- What factors affect the success of merit pay programs?
- How can you effectively work within a traditional pay range structure?
- What steps should you take to create a merit-based salary increase matrix?
Training Overview
Does your organization distribute raises equitably? Use a merit-based salary increase matrix.
To equitably distribute base salary increases to employees, you can design a merit pay approach. You should ensure that employees who add the most value receive higher raises. A salary increase matrix is the most effective method to structure the distribution of base salary rewards.
- How should you articulate a compensation strategy and philosophy?
- What is the core principle for developing an effective merit pay program?
- What factors affect the success of merit pay programs?
- How can you effectively work within a traditional pay range structure?
- What steps should you take to create a merit-based salary increase matrix?
Who Should Attend?
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Expert Presenter
John A. Rubino
- President and founder of Rubino Consulting Services (RCS), a global human resources consulting company based in New York
- Focuses on the design and implementation of corporate values/objectives and their linkage to human resources strategies, compensation analysis and program development, performance-driven incentive plans, sales compensation programs, performance management systems, management training programs, team dynamics, leadership skills, motivational training, and human resources communication programs
- Previously senior manager of human resources consulting services for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company
- Internationally acclaimed speaker, course developer, and seminar leader for WorldatWork and the American Management Association
- Author of Developing Compensation Programs: Job Analysis, Evaluation and Classification and Communicating Compensation Programs: An Approach to Providing Information to Employees
- Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), and Global Remuneration Professional (GRP), Senior Practitioner in Human Resources (SPHR), and a Master Reward Specialist (South Africa)
- BA from Wagner College
- MBA from the Lubin Graduate School of Business, Pace University
Credits
- This program has been approved for 1.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
- This program is valid for 1.0 PDCs for the SHRM-CP or SHRM-SCP.
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