Getting Compensation Right: Key Practices For Designing A Competitive Compensation Structure

 

Organizations are challenged to pinpoint the right salaries for their employees—salaries that are competitive, demonstrate employees’ value, but do not strain scarce resources by overpaying. While pinpointing this perfect balance may seem an impossible task, in the above webinar, Allison Wyatt demonstrates that there is, in fact, a way to keep salaries competitive, employees valued, and the budget intact.

Allison covers key compensation practices that will help your organization be poised to not only capture the level of talent required to achieve your organization’s mission, but hold on to that talent as well.

Some topics covered include:

  • Designing an effective compensation strategy
  • Building a market based structure
  • The mechanics of building salary ranges
  • Maintaining a competitive position over time

If you’re interested in learning more about how Edgility Consulting can help you set up a competitively structured compensation design, be sure to check out our Consulting Services page, or contact us here for more information.


Stay tuned for our next webinar…

On May 18, 2016, the U.S. Department of Labor (DOL) published a Final Rule updating the overtime wage payment regulations for “white collar exemptions” under the FLSA. The Final Rule is anticipated to extend overtime pay rights to an estimated 4.2 million currently salaried executive, administrative, and professional workers by more than doubling the minimum salary level that most employees must earn in order to be exempt from overtime requirements.

   Are You Ready for the New Department Of Labor Overtime Rules?

This next webinar will be co-sponsored by Edgility Consulting and the Law Offices of Wyatt and Associates PLLC, a law firm focused on labor and employment matters. To sign up or learn more about this upcoming webinar, click here.