Essentials of Compensation and Benefits Webinar - Part 1
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Essentials of Compensation & Benefits : Are you making the best use of your C&B function ? – part 1 Presented by Sandrine Bardot Consultant, Trainer, Speaker, Blogger Former SVP, Head of Performance & Reward, Mubadala [email protected]
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Transcript of Essentials of Compensation and Benefits Webinar - Part 1
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
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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 : [email protected]
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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© 2013
Thank you !
Sandrine BardotConsultant, trainer, speaker, blogger
240+ free articles on C&B !Subscribe at:
http://CompensationInsider.com
Check my profile on LinkedIn for Recommendations, Expertise and
free presentations.
Twitter : @CompInsider
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