Global Certificate in Job Evaluation Strategies: Job Pricing
-- ViewingNowThe Global Certificate in Job Evaluation Strategies: Job Pricing course is a comprehensive program designed to equip learners with the essential skills needed to excel in job evaluation and pricing. This course emphasizes the importance of creating fair, consistent, and data-driven compensation structures, which in turn boost employee satisfaction and retention.
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โข Job Analysis and Description:
Understanding the importance of job analysis in job pricing, components of job descriptions, and creating effective job descriptions.
โข Job Evaluation Methods:
Exploring various job evaluation methods, such as point-factor systems, ranking, and classified job ranking, and their relevance to job pricing.
โข Market Pricing and Salary Surveys:
Learning about market pricing, salary surveys, and their significance in determining job prices, including obtaining and interpreting salary survey data.
โข Compensation Structure Design:
Understanding the principles of designing a compensation structure, including job grading systems, pay ranges, and pay differentials.
โข Internal and External Equity:
Exploring internal and external equity, ensuring fairness in pay, and addressing pay disparities.
โข Legal and Ethical Considerations:
Exploring legal and ethical considerations in job pricing, complying with equal pay and anti-discrimination laws, and ensuring transparency and fairness in compensation practices.
โข Communicating Compensation Decisions:
Learning effective communication strategies for compensation decisions, including how to address employee concerns and questions.
โข Performance Management and Pay-for-Performance:
Exploring the relationship between performance management and pay-for-performance programs, and their impact on job pricing.
โข Technology in Job Pricing:
Understanding the role of technology in job pricing, including compensation management software and data analytics tools.
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