How to Equitably Distribute and Manage Base Salary Pay Increases to Your Employees

On Demand Webinar

Webinar Details $219

  • Webinar Length: 90 Minutes
  • Guest Speaker:   John Rubino
  • Topic:   Human Resources
  • Credit:   ATAHR 1.5, SHRM 1.5, HRCI 1.5
All Access Membership

Equitably distributing and managing base salary pay increases to employees is always a challenge for human resources professionals, managers and executives. The objective is to design a merit pay approach which helps to ensure that those employees who add the most value to the organization are the ones who receive higher base pay percent increases. A Salary Increase Matrix is the most effective method to structuralize the equitable distribution of base salary rewards within a traditional pay approach.

John Rubino will discuss the importance of articulating a compensation strategy and philosophy, and the principles of instituting a merit pay approach within your organization. He will also discuss the most important pay-action scenarios (promotions, differentials, COLA’s, etc.) to most effectively distribute salary increases among your employees in order to achieve both internal equity and external competitiveness. Lastly, John will present a step-by-step methodology for creating a Merit-Based Salary Increase Matrix from scratch that can be readily adapted to your organization. Going forward, this will serve as the foundation for promoting a pay-for-performance culture within your organization.

Your Benefits For Attending:
  • How to articulate a Compensation Strategy and Philosophy
  • The core principle for developing an effective Merit Pay Program
  • The factors that affect the success of Merit Pay Programs
  • The most important pay-action scenarios (promotions, differentials, COLA’s, etc.) to most effectively distribute salary increases among your employees in order to achieve both internal equity and external competitiveness
  • A step-by-step methodology for creating a Merit-based Salary Increase Matrix from scratch, which can be immediately adapted to your organization

Guest Speaker

  • John A. Rubino

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ATAHR Credit

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

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.

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.