Compensation Plan Presentation

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In today’s changing workforce, having a clearly defined career path is becoming critical for attracting and retaining top talent. Setting pay ranges and grades can give you a competitive advantage in an ever-changing market by enabling clear job progression as well as competitive pay. So how can you set your pay ranges just right? In this webinar we show you how to build ranges from a market-centered midpoint, and how to use market data to update or create market-based pay ranges. You’ll learn how to: Build pay structures from the ground up Choose benchmark positions and slot non-benchmark positions into your pay structure Adjust and align your structure for special internal considerations Create a strategy for dealing with “hot” jobs that fall outside of internal ranges

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