Basic Compensation Concepts
The last few years have seen various challenges for compensation planning and management. The economic factors we face today make it increasingly difficult to meet the core objectives of attracting and retaining talent. This course is designed to help you find best practices that work as you learn lessons from real-life case studies that you can apply to your compensation program. Join your peers and experts for two days of learning and networking, and walk away with action plans for your organization!
Topics Covered
- Total compensation
- Total rewards
- Compensation management
- Performance management
- Competencies
- The legal environment
- Variable pay
- Executive compensation
- Case studies
Course Outline
Day 1
- Total Compensation
- What's included
- Total Rewards
- What's included
- Developing a total rewards strategy
- Compensation Management
- Compensation philosophy and policy
- Job analysis
- Market pricing
- Job evaluation
- Salary structure
- Pay administration
- Tying pay to performance
Day 2
- Variable pay
- Definition
- Plan design elements and issues
- Performance Management
- History of performance appraisal
- Performance planning
- Communicating expectations for performance
- Rating performance
- Reinventing performance management
- What works best
- Competencies
- Strategic competencies
- Process competencies
- Individual competencies
- The Legal Environment
- Applicable laws and legal intent
- Fair Labor Standards Act: child labor law
- FLSA Minimum Wage Law
- FLSA Overtime Pay Law
- FLSA exemptions
- Recordkeeping requirements
- Equal pay provisions
- Executive Compensation
- Common elements of executive compensation plans
- Analytical issues
- Case Study
In the case study, attendees will review and analyze a company profile and develop a salary structure for an organization using data sheets, average market rates by position, and salary structure design principles and parameters.
Course Applies To
Pricing
October 10 - 11, 2025
Hilton Austin, Austin, TX
Through August 25, 2025
US$1,400.00
Member
US$1,620.00
Nonmember
After August 25, 2025
US$1,700.00
Member
US$1,920.00
Nonmember
Pricing
April 29 - 30, 2026
Scottsdale, AZ
Through March 16, 2026
US$1,495.00
Member
US$1,715.00
Nonmember
After March 16, 2026
US$1,795.00
Member
US$2,015.00
Nonmember
Continuing Education
Educational sessions at this program can qualify for CEBS Compliance credit. Visit www.cebs.org/compliance for more information.
