Pay compression poses a significant challenge for HR managers and compensation professionals, impacting compliance, equity, and employee satisfaction. This course provides a step-by-step framework to define, analyze, and remediate pay compression issues effectively. From understanding the root causes to navigating the intersections of compliance, pay equity, and transparency, you’ll gain the tools and insights needed to address one of today’s evergreen compensation challenges.
Participants will learn how to identify compression issues using key data points, analyze internal and external factors, and implement cost-effective remedies. Real-world case studies, best practices, and expert guidance will empower you to develop sustainable strategies to prevent compression and maintain internal equity, even in dynamic market conditions.
Key Takeaways:
- Understand the causes and impacts of pay compression.
- Learn data-driven approaches to identify and analyze compression issues.
- Discover actionable remedies for pay compression.
- Develop strategies to secure support for compression planning initiatives.
- Build a sustainable approach to manage pay compression.
Additional fee and registration required.