Learn how effective compensation benchmarking can help your company attract and retain top talent, giving you a competitive edge in today's market.
Many companies struggle with issues attracting and retaining top talent to ensure they remain competitive in the marketplace. A reason for this is that they are not benchmarking compensation, or they may be benchmarking incorrectly. This presentation will help companies learn the how and why of benchmarking compensation. Additionally, companies will learn how these processes and analyses can give them a competitive advantage to stay ahead of the competition.
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Introduction and Compensation Benchmarking Overview
- Defining Benchmarking
- Why Benchmarking Matters
- Executive vs. Broad-Based Benchmarking
Executive Benchmarking
- Executive Compensation Philosophy and Strategy
- Creating Peer Groups and Data Overview
- Elements of Executive Benchmarking
Broad-Based Benchmarking
- Market Pricing Based on Role
- Data Sources and Survey Benchmarking
- Salary Structures and Range
Implementing Benchmarking
- Internal Alignment
- Communicating Strategy
- Technology for Efficient Benchmarking
Conclusion
- Compliance and Risk Management
- Market Change and Competition for Talent
- Future Outlook
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Credit
More Program Information
Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on June 24, 2025.
Call 1-866-352-9540 for further credit information.
- AIPB 2.0
- This program is acceptable for 2.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
MP3 Download
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Credit
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Rishabh Bapna
Alvarez & Marsal
- Manager in the New York office of Alvarez & Marsal
- Assists with the review, design, benchmarking, and implementation of both non-equity and equity-based compensation programs, performing market analyses to align compensation with a company’s business strategies and evaluating the tax and accounting ramifications of compensation
- Contributor to the Alvarez & Marsal’s annual Energy Compensation Report
- Certified Executive Compensation Professional (CECP) through the World at Work organiza-tion
- Bachelor’s degree in business economics, finance, magna cum laude, The University of Tex-as at Austin
- Can be contacted at [email protected] or 332-259-1832
Corey Davidson
Alvarez & Marsal
- Senior Associate
- The review, design, benchmarking, and implementation of both non-equity and equity-based compensation programs, including market analyses to align compensation with a company’s business strategies, and evaluating the tax and accounting ramifications of compensation.
- Author of How Serial Acquirers Reward and Incentive Corporate Development Teams
- Certified Executive Compensation Professional through WorldatWork organization
- Bachelor’s degree in economics from the University of Maryland
- Can be contacted at [email protected]
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Why Lorman?
Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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