Essentials of Compensation & Benefits : Are you making the best use of your C&B function ? – part 1

Presented by Sandrine BardotConsultant, Trainer, Speaker, BloggerFormer SVP, Head of Performance & Reward, Mubadala

sandrine@compensationinsider.com

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The world is changing

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Up, down and back up

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Walls are crumbling

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Today’s story

From job descriptions to salary ranges

C&B and Talent Acquisition Performance Management

and salary reviews

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Job descriptions, evaluations and grading

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Myth buster : you may not need traditional JDs

JDs

It’s not in my JD !

PM : set objectives

Recruitment

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Grading

Multiple ways of performing job evaluations…

Myth buster : What is the maximum number of salary ranges needed in an organisation ?

Broad banding vs narrow banding – is there an alternative ?

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Benchmarking- a BIG warning

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Salary ranges

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Salary structures

Should you pay in the same fashion at HQ and in the operating companies ?

A few myth busters : Target position to market Step, spread and symmetry

The role of stakeholders – an example

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C&B and Talent Acquisition

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Referral schemes

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Package negotiation

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Performance Management

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PM : the old and the new

Traditional considerations in PM : How many points on your rating scale ? “Everybody hates peer ranking !” - Do we

really ? Calibration

… And the new kids on the block : Can performance management be based

on competencies ? Social performance management

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Salary reviews and promotions

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Out of the box thinking for your merit matrix

Comparatio (CR) and Market Ratio (MR) : why CR is not always best

Design principles

Impact of headcount distribution by comparatio and performance rating

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Promotions : food for thought Eligibility is a hurdle or prerequisite… not

a guarantee !

Do you promote the individual only, or also for the job ?

Tightening or loosening the belt – is it necessarily “all or nothing” ?

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What’s next ?

Explore the free resources (next slide) and listen to the replay

Send us your questions : sandrine@compensationinsider.c

om ramy.bayyour@iirme.com

Stay tuned for part 2 ! January 2014

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Free resources

http://compensationinsider.com/all-you-need-to-know-from-compensation-surveys-to-salary-ranges-and-salary-review/

http://compensationinsider.com/all-you-need-to-know-common-pay-challenges-and-how-to-handle-them/

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Thank you !

Sandrine BardotConsultant, trainer, speaker, blogger

Sandrine@CompensationInsider.com

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