Webinar series to help business owners form compensation strategies

Payscale.com will hold its Compensation Foundations Webinar Series in July. This three-part series will help business owners develop a solid foundation and framework to support business objectives.

Part 1: Laying the Foundation for Your Compensation Strategy
Do you have a compensation strategy that is aligned with business objectives? Learn the importance of a clear compensation strategy, how to gather the necessary information to develop one, and the ways to guide senior leaders toward a strategy decision.

Part 2: Developing Your Compensation Philosophy and Policy
Employee pay affects two key components of your business: employee retention and profits. Is your compensation philosophy in line with company objectives? This webinar will teach you how to develop a compensation philosophy for your organization, and then translate that into a program that balances rewarding talent and profit-making.

Part 3: Mission Impossible: Managing and Mitigating Internal Pay Issues
Avoid employee complaints and potential legal trouble by creating a well-documented compensation plan that ensures internal pay equity. This webinar will highlight the keys to internal pay equity, focusing on how to monitor or correct existing inequities, clearly communicate pay policies with employees, and when to schedule salary benchmarking and pay grade reviews.