Base Pay Administration and Pay for Performance

Design a Fair and Competitive Plan

This course provides an in-depth discussion of the principles, design, implementation and evaluation of an employee base-pay program. Exercises will show how to design a pay program that is fair, competitive and supportive of an organization’s compensation strategy.

• Identify the relationship between an employee total rewards program and an organization’s business strategy.
• Discuss the design of base pay programs and necessary considerations.
• Discover what it takes to implement and deliver base pay.
• Examine pay for performance merit pay systems including development, utilization and costing.
• Address the effectiveness and efficiency of pay programs through monitoring and evaluation.
• Discern how and when human resources should be involved in mergers and acquisitions.

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