4 Steps to a Smart Compensation Structure


Developing a solid compensation structure will help you set the appropriate pay ranges for your jobs. If pay ranges are too narrow, you won’t be able to reward high performers. Too broad, and the pay ranges provide very little support for your compensation philosophy.

In this webinar Ian Englund, CCP and Jennifer Ferris, CCP, as they show you how to build ranges from a market-centered midpoint and how to use market data to create a competitive compensation structure. 

Register for this webinar and learn how to:

  • Identify appropriate sources of market data

  • Select an appropriate “market set” for utilizing market data

  • Choose benchmark positions and slot non-benchmark positions into your pay structure

  • Create a strategy for dealing with “hot” jobs that fall outside of internal range

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