Fundamentals of Compensation

On Demand Webinar

Webinar Details $219

  • Webinar Length: 90 Minutes
  • Guest Speaker:   Cynthia Keaton
  • Topic:   Human Resources, Compensation and Benefits
  • Credit:   HRCI 1.5, SHRM 1.5, ATAHR 1.5
All Access Membership

This webinar will provide participantswith a fundamental understanding of how to create a market-based compensationsystem. Competitive compensation practices are essential to employeerecruitment and retention efforts. The thought of creating a competitivecompensation system may seem daunting, but it does not have to be anoverwhelming project!

We will break down the process into 5 basic steps to create amarket-based pay structure. Your compensation philosophy may be to match themarket, lead the market, lag the market, or “lead/lag”. We will discuss when toselect each philosophy and what this means for benchmarking.

The webinar will cover the process of benchmark analysis andhow to apply that to your organization. We will discuss internal equity, and wewill cover compensation terminology such as midpoint and compa-ratio.

You will leave the webinar with an understanding of how toguide your company through writing or revising your compensation philosophy andbe capable of leading the compensation analysis.

Areas Covered in the Webinar:

  • How to define your company’s compensation philosophy.
  • How to put together a well-designed market-based pay structure.
  • The definitions and usage of common compensation terms.
  • How to decide whether to lead, lag, or match the market.
  • The basics of job analysis and salary grade placement.
  • Obtaining management team buy-in for a compensation philosophy.
  • Different sources of pay data.
  • How to implement and evaluate your pay structure.

Guest Speaker

  • Cynthia Keaton

Webinar Survey Overall Rating

This webinar received a total of 7 survey responses. Attendees have given an average rating of 4.8 stars out of a possible 5, reflecting the quality and value of the content presented.

Average rating

4.8 / 5
Webinar Presentation
How many of the objectives of the event were met?
4.9 Stars
How useful was the information presented at this event?
4.7 Stars
Overall, how satisfied were you with this event?
4.7 Stars
Speaker Performance
Overall, how satisfied were you with this presenter?
4.9 Stars
How closely did the presenter follow the schedule?
4.7 Stars

Reviews From Webinar Survey

Our webinars are crafted to deliver exceptional value and insight to business professionals. To ensure we meet and exceed your expectations, we conduct thorough post live webinar surveys. Below, you'll find genuine feedback from attendees, sharing their thoughts on the event and the speaker's performance. These reviews highlight our commitment to continuous improvement and excellence in providing top-tier educational experiences.

Shannon P.
February 16, 2024
5.0 / 5
Webinar Rating:
5.0 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
no comment

Rose B.
February 13, 2024
4.8 / 5
Webinar Rating:
4.7 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
no comment

Dyane F.
February 13, 2024
4.8 / 5
Webinar Rating:
4.7 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
The presentation was great especially for beginners who are looking for an overall approach to Compensation. For those who have been in Compensation for a while, it gave a refresher feeling and newly updates about best practices. Great Information!

Leslie M.
February 13, 2024
4.2 / 5
Webinar Rating:
4.3 Stars
Speaker Rating:
4.0 Stars
Do you have any other comments, questions or concerns?
Excellent program - very helpful

Kelsey P.
February 13, 2024
5.0 / 5
Webinar Rating:
5.0 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
Great training!

Gloria J.
February 13, 2024
4.6 / 5
Webinar Rating:
4.7 Stars
Speaker Rating:
4.5 Stars
Do you have any other comments, questions or concerns?
The presenter was thorough and gave insight to her own personal experience. She provided resources that could be utilized as references and recommended compensation sources and surveys. She also covered information based on your industry (e.g. if not government organization should not use specific surveys for this industry). She provided a lot of insight on how to begin the process of assessing your compensation philosophy. Good for those beginning to look at compensation or wanting to evaluate current practices and as refresher of updated information to consider. Also, for those new to compensation.

Christy O.
February 13, 2024
5.0 / 5
Webinar Rating:
5.0 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
Great refresher for me! Cynthia provide practical and useful tools that can actually be applied immediately.

HRCI Credit

Human Resource Certification Institute
This program has been approved for credit hours through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.

SHRM Credit

Society for Human Resource Management
Aurora Training Advantage is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

ATAHR Credit

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in human resources.