Being Strategic with Base Compensation for Non-Executive Positions
Course Number: Webinar
Course Code: n/a
What questions should your Bank ask about compensation below the CEO and top executives? This session will address pay equity regulations, setting job grades, performance evaluation best practices, and determining base salary and appropriate raises for employees. As part of this session we will provide information on conducting market research using industry surveys, using market research to establish and set salary grades, and linking salary increases to positioning in a salary grade and performance. We will also briefly discuss such items as FLSA job classifications (exempt vs. non-exempt) and effectively writing job descriptions. Our focus in this session is helping HR professionals sort through some of the compensation related challenges they may encounter outside of the executive level.
-Salary administration and salary grade best practices
-How to use market research and banking industry surveys to benchmark positions within your financial institution
-Performance evaluation sample forms and best practices
-Summary of FLSA classification requirements
-Sample job description format
Audience: HR Staff is the primary intended audience for this webinar. CEO's and CFO's would also benefit from this information.