Published on December 9, 2013
Essentials of Compensation & Benefits : Are you making the best use of your C&B function ? – part 1 Presented by Sandrine Bardot Consultant, Trainer, Speaker, Blogger Former SVP, Head of Performance & Reward, Mubadala firstname.lastname@example.org
The world is changing 2 © 2013
Up, down and back up 3 © 2013
Walls are crumbling 4 © 2013
5 © 2013
Today’s story 6 © 2013 From job descriptions to salary ranges C&B and Talent Acquisition Performance Management and salary reviews
Job descriptions, evaluations and grading 7 © 2013
Myth buster : you may not need traditional JDs 8 PM : set objectives It’s not in my JD ! Recruitment JDs © 2013
Grading 9 Multiple ways of performing job evaluations… Myth buster : What is the maximum number of salary ranges needed in an organisation ? Broad banding vs narrow banding – is there an alternative ? © 2013
Benchmarking- a BIG warning 10 © 2013
Salary ranges 11 © 2013
Salary structures 12 Should you pay in the same fashion at HQ and in the operating companies ? A few myth busters : Target position to market Step, spread and symmetry The role of stakeholders – an example © 2013
C&B and Talent Acquisition 13 © 2013
Referral schemes 14 © 2013
Package negotiation 15 © 2013
Performance Management 16 © 2013
PM : the old and the new 17 Traditional considerations in PM : How many points on your rating scale ? “Everybody hates peer ranking !” - Do we really ? Calibration … And the new kids on the block : Can performance management be based on competencies ? Social performance management © 2013
Salary reviews and promotions 18 © 2013
Out of the box thinking for your merit matrix 19 Comparatio (CR) and Market Ratio (MR) : why CR is not always best Design principles Impact of headcount distribution by comparatio and performance rating © 2013
Promotions : food for thought 20 Eligibility is a hurdle or prerequisite… not a guarantee ! Do you promote the individual only, or also for the job ? Tightening or loosening the belt – is it necessarily “all or nothing” ? © 2013
What’s next ? 21 Explore the free resources (next slide) and listen to the replay Send us your questions : email@example.com firstname.lastname@example.org © 2013 Stay tuned for part 2 ! January 2014
Free resources 22 http://compensationinsider.com/all-youneed-to-know-from-compensation-surveysto-salary-ranges-and-salary-review/ http://compensationinsider.com/all-youneed-to-know-common-pay-challenges-andhow-to-handle-them/ © 2013
Thank you ! 23 Sandrine@CompensationInsider.com 240+ free articles on C&B ! Subscribe at: http://CompensationInsider.com Sandrine Bardot Consultant, trainer, speaker, blogger © 2013 Check my profile on LinkedIn for Recommendations, Expertise and free presentations. Twitter : @CompInsider
Home » Resource Centre » HR Toolkit » Compensation & Benefits » Employee Benefits. Compensation & Benefits Employee Benefits. Employee benefits are ...
Employee compensation and benefits are divided into four basic ... yet employers use additional vehicles such as ... compensation & benefits (C&B) ...
Determining Employee Compensation ... when benefits are added ... or evaluating your compensation program will help you ensure you're ...
Creating a compensation plan is part of your ... If you want to have a concise and simplified library of ... your best bet is. Compensation.BLR ...
Learn about employee benefits and compensation in this ... etc. Benefits are increasingly ... role you are deciding compensation ...
Compensation & Benefits Compensation ... to determine if your compensation and benefits are comparable to ... the market in which you function or ...
Setting Up Your Compensation Structure ... How Employee Compensation ... or else you risk losing employees. You can use the Internet to find industry ...
Introduction to How Employee Compensation ... If you own your own ... jeopardizing the success of your business? How do you get the best deals ...
Essential oil uses include making DIY recipes. Health. Health; ... Use essential oils as a hot compress to treat bruises or other wounds. ... Your Best Email *
8 Workers’ Compensation in California Chapter 1. The Basics of Workers’ Compensation What is workers’ compensation? If you get hurt on the job, your ...