How to Select and Use Labor Market Data
Two of the core strategies in managing an organization's human capital base are to pay both competitively and cost-effectively.
Sounds simple, but unless you know how to select and properly use local labor market data for making pay decisions, you may be underpaying some employees while overpaying others.
The purpose of this white paper is to help employers pay people right. This paper is organized into two major sections. The first addresses many of the frequently asked questions about labor market data and the second deals with how to use those data.
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(immediate download; no email necessary)
Most employers struggle with decisions around salary adjustments. Who should get them? How can the cost be justified? What if the employees are already overpaid?
Employers who don't have a defined structure and systematic approach to managing pay tend to overpay about 25% of their employees and underpay another 25%, leaving only half of the employees paid effectively.
How to deal with these and other situations are in this white paper.
Read the white paper
(immediate download; no email necessary)
How to Avoid the Risks of Illegal Pay Discrimination
In our experience, most employers want to pay their employees legally and fairly. Given that there are so many variables that can determine actual compensation levels, paying fairly and equitably can be a very complex task.
How to deal with these complex issues and other related situations are discussed in this white paper.
For complimentary download, no e-mail required, click here.
Seven Essential Steps to Making the Right Relocation Pay Decisions Reprinted from MOBILITY
August 2010; Once the decision is made to move an employee to another site, not only do transition logistics need management, but a compensation plan must be created. Shari Dunn offers a step-by-step guide to making the correct employee mobility pay decisions.
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