Creating and Using a Salary Increase Matrix

CD & Manual
  389850TMX $199.00 USD Add to Cart
Credit Details
 82 Min. Audio MP3 - No shipping cost
   389850POD $199.00 USD Add to Cart
Credit Details
What is a Podcast?

Benefits

This live audio conference will discuss the concept, implementation and best practices associated with a merit matrix. Implementing a merit matrix is one of the easiest and most direct ways to link pay with performance and manage turnover. Sharing of pitfalls that many companies encounter when implementing a matrix and how to avoid them will be addressed. The live audio conference will provide insight into varying types of merit matrix models, as well as an example of the implementation process.


Agenda

Foundation of a Merit Matrix System – Market-Based Pay
What Is a Merit Matrix?
Why Use a Merit Matrix?
  • Motivate Employees
  • Drive Results and Retain Top Performers
  • Allocate Salary Increase Dollars in an Efficient and Fair Manner
Merit Matrix Pitfalls
  • Structures Out of Alignment With Market
  • Calibration of Performance Scores
  • Matrix Not Conforming to Budget
Merit Matrix Model Example
  • Data Requirements
  • Selecting a Model
  • Employee Analysis
  • Final Results and Cost Detail

Faculty

Amber Duncan, SPHR, CBIZ, Inc.


Amber Duncan, SPHR
  • Manager of compensation consulting in the Human Capital Services Practice of CBIZ, Inc.
  • More than eight years of experience in the area of human resources, focusing on designing innovative compensation programs
  • Senior professional in human resources and finishing course work towards certified compensation professional designation
  • Expertise includes designing market-based compensation programs, linking pay with performance, pay structures and compensation surveys, as well as developing policies and procedures
  • Assists clients in the design and implementation of strategic base salary and incentive programs
  • Can be contacted at 800-844-4510 or alduncan@cbiz.com




These Materials are Designed For

This live audio conference is designed for human resource managers, payroll and benefits professionals, presidents, vice presidents, business owners and managers, CFOs and controllers.

CD & Manual - CD Set with bound 22 page manual
Podcast - 82 Minute MP3 with 22 page electronic manual - Immediate Access and No Shipping Cost