This course is for anyone who needs to delve into job evaluations and pay ranges. You will begin with the basics – a common process and all the terms associated with it. Then, you will work your way through the process, learning about job analysis, job evaluations, pay ranges, and finally pay structures. Along the way, you will have work with Blue Space Tech Performance’s job evaluation data to create job grades and pay ranges. You will also evaluate pay equity and the common issues brought to light when creating or reviewing job and pay data.
Overview
Syllabus
- Module 1: Job Architecture, Analysis, and Evaluation
- This module provides the foundational knowledge and guidance to conduct a simple job evaluation and create job grades. Starting with a solid understanding of job architectural structures, you’ll then move to job analysis – with particular emphasis on the difference between job descriptions and job analysis. Then, you’ll use a popular job evaluation method to fit Blue Space Tech jobs into an architectural framework and assign job grades.
- Module 2: Pay Ranges
- With job evaluation outcomes in hand, you’re ready to start evaluating pay ranges. In this module, you’ll explore the concept of pay ranges and methods for defining them. You’ll also do calculations to define the important statistical information for each range.
- Module 3: Pay Structures
- In this section, you’ll learn to bring pay ranges together to create a strategic pay structure. After looking at calculations like compensation and market ratios, you’ll use your data visualization skills to create a chart to communicate the structure and range details.
- Module 4: Analyzing Employee Pay Against Pay Structures
- In this module, you’ll turn your attention to internal compensation data evaluating areas of pay equity and pay compression. Using data from Blue Space Tech, you’ll explore approaches for handling employees whose pay falls outside salary targets. You’ll also gain insight into metrics commonly used to gauge pay equity among various groups of employees and strategies for addressing issues that may be revealed.
Taught by
ADP Learning Academy
