Essentials of Compensation and Benefits Webinar - Part 1

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The HR Observer

Business Technology

Essentials of Compensation & Benefits :
Are you making the best use of your C&B
function ? – part 1
Presented by Sandrine Bardot
Consultant, Trainer, Speaker, Blogger
Former SVP, Head of Performance & Reward, Mubadala
sandrine@compensationinsider.com

Today’s story
6







© 2013

From job descriptions to salary
ranges
C&B and Talent Acquisition
Performance Management and
salary reviews

Job descriptions, evaluations and
grading
7

© 2013

Myth buster : you may not need
traditional JDs
8

PM : set
objectives
It’s not in
my JD !

Recruitment

JDs
© 2013

Grading
9





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Multiple ways of performing job evaluations…
Myth buster : What is the maximum number of
salary ranges needed in an organisation ?
Broad banding vs narrow banding – is there an
alternative ?
© 2013

Salary structures
12



Should you pay in the same fashion at HQ and
in the operating companies ?



A few myth busters :
 Target

position to market
 Step, spread and symmetry


The role of stakeholders – an example
© 2013

PM : the old and the new
17



Traditional considerations in PM :
 How

many points on your rating scale ?
 “Everybody hates peer ranking !” - Do we really ?
 Calibration


… And the new kids on the block :
 Can

performance management be based on
competencies ?
 Social performance management
© 2013

Salary reviews and promotions
18

© 2013

Out of the box thinking for your
merit matrix
19



Comparatio (CR) and Market Ratio (MR) :
why CR is not always best



Design principles



Impact of headcount distribution by
comparatio and performance rating
© 2013

Promotions : food for thought
20

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



Eligibility is a hurdle or prerequisite… not a
guarantee !
Do you promote the individual only, or also for
the job ?
Tightening or loosening the belt – is it
necessarily “all or nothing” ?
© 2013

What’s next ?
21



Explore the free resources (next
slide) and listen to the replay



Send us your questions :
 sandrine@compensationinsider.com
 ramy.bayyour@iirme.com



© 2013

Stay tuned for part 2 ! January 2014

Free resources
22

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http://compensationinsider.com/all-youneed-to-know-from-compensation-surveysto-salary-ranges-and-salary-review/



http://compensationinsider.com/all-youneed-to-know-common-pay-challenges-andhow-to-handle-them/
© 2013

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