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Course/Product Description

How To Set Pay Ranges That Are Fair And Effective

Date / Time: Recorded
Format: Audio Conference

How To Set Pay Ranges That Are Fair And Effective
Organizations nationwide seek to continuously improve performance and motivation while simultaneously reducing costs. A great way to do this is through compensation practices.

But without effective systems in place and data available, employee compensation can run counter to efficiency and performance objectives set by the organization.

As such, the implementation of market-based pay structures is increasingly necessary in order for organizations to remain competitive, administer compensation fairly and easily, and allocate limited financial resources where they are most needed.

Learning Objectives

This training session will show you best practices for setting fair and effective pay ranges. During the presentation, you will learn about:

  • Steps for designing a market-based compensation system
  • Compensation economics
  • Recognition programs
  • Sustaining high performance through a merit matrix

About Your Speaker

Ed Rataj is the Managing Director of Compensation Consulting at CBIZ Human Capital Services. He has over sixteen years experience in the area of human resources, focusing on designing innovative compensation programs. Prior to joining the Firm, Mr. Rataj served as a Compensation Consultant for Mellon (formerly known as Buck Consultants), and was employed by William M. Mercer.

Mr. Rataj's expertise includes designing market-based and job evaluation-based compensation programs, linking pay with performance, pay structures and compensation surveys, as well as developing policies and procedures. He routinely serves as an expert witness on matters of compensation and was recently quoted as an expert in the area of compensation in the Wall Street Journal and Smart Money magazine.

Mr. Rataj is a certified Compensation Professional (CCP), is the past President of the St. Louis Compensation and Benefits Network (CBN), and is a member of WorldatWork (formerly known as the American Compensation Association).

PHR / SPHR Credits!

This program has been approved for 1.5 recertification credit hours through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at The use of this seal is not an endorsement by HRCI of the quality of the program. It means that this program has met HRCIs criteria to be pre-approved for recertification credit.

Cannot Attend The Live Presentation?

This presentation is also available on CD after the initial broadcast.

About Webcasts / Audio Conferences / Podcasts: Webcasts, audio conferences, and podcasts are presentations that you attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.

The live versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form a training because 1) you receive fast, convenient learning without any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back at work immediately after the session ends!

And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous times and to share it with others in your office.

Handout materials and the phone number for live presentations are made available to you prior to the event via email from the presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.
Licenses / Designations / Educational Credits: PHR / SPHR Re-Certification Credits
All US States: 1.5
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