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Compensation Administration (including Designing Base Pay, Job Analysis, Job Evaluation, Job Pricing)
National Summary
A formal compensation administration program is the basic management tool for ensuring that employees are satisfied with their pay and benefits, that both internal and external equity are adequately addressed, and that control is maintained over compensation costs. Such a program will help attract top talent, retain core employees, and encourage longevity while efficiently using financial resources.
Establishing an effective compensation administration program requires job analysis, job evaluation, and job pricing. Once established, it is important to maintain and update the compensation philosophy/strategy, including the following aspects of the program: job grades/ranges, employee classification, salary increases, performance appraisals, and incentives.
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170048news.aspxNews States with Salary History Bans (Map) 05/18/2020National
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168260tools.aspxChecklists Aging Salary Data Checklist  National
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151503index.aspxQuestions & Answers Can you please explain how to calculate the compensation incentive program refered to as "Mix". I understand the the employee would have a base salary plus the Mix incentive...I just don't understand how it is calculated or works.  National
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