HR veteran and consultant Sean Canney will share specific steps to develop a pay progression matrix for your organization. You will learn valuable details to apply to your process, calculations, and communication.
What You'll Learn
- How does a pay progression matrix work?
- How can you use a pay progression matrix for budgeting?
- How can you eliminate favoritism and subjectivity from compensation decisions?
- What are the primary components of a sound compensation plan?
- How will your organization benefit from a market-competitive compensation plan?
- What are the best techniques for communicating about compensation?