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C17: Market Pricing — Conducting a Competitive Pay Analysis (U.S.)

Learning Options

Market Pricing—Conducting a Competitive Pay Analysis
Certification Course: C17

Avoiding Analysis Paralysis

This two-day course will provide a consistent and effective methodology for market-pricing benchmark jobs within an organization. Participants will have an opportunity to develop their data utilization skills through classroom practicum exercises.

  • Review common compensation strategies, base pay structure design, and the establishment and use of a job worth hierarchy
  • Discuss how market pricing can support an organization’s business strategy
  • Discover data sources, data collection options, salary survey formats and use of job matching
  • Learn how the data from salary surveys can help you develop the market rate for benchmark jobs
  • Discuss the use of statistical analysis tools and aging, blending, weighting and slotting data
  • Learn how to handle exceptions or special situations
  • Find out how to communicate market pricing to upper management and your organization

Who Should Attend

Compensation and HR professionals with an interest in or responsibility for identifying competitive rates of pay, job evaluation and compensation.

What You Will Learn

Total Rewards and the Compensation Function

  • The total rewards model
  • Compensation philosophy and strategy
  • Base pay structure design
  • Job worth hierarchy

Market Pricing and Business Strategy

  • Market pricing
  • Terminology
  • Market pricing and business strategy
  • Market pricing steps
  • Market pricing: advantages and disadvantages

Survey Data

  • Data sources
  • Data collection
  • Salary formats
  • Job matching

Collecting Survey Data

  • Survey selection
  • Data integrity
  • Multiple survey sources
  • Statistical data points
  • Documentation
 
Credits
CCP: Elective
GRP Equivalency: GR17
Recertification: 2 course, .5 Exam
CEUs: 1.5 Course, .3 Exam
CPIM/CFPIM/CSCP: 14 points
PHR/SPHR/GPHR recertification hours: 16
Faculty
Course book amendments
Test your knowledge

Live CourseCast Special Requirements!
This highly-interactive Webinar takes advantage of the latest technology with breakout rooms. All attendees are required to be active participants and contribute in the breakout sessions. Participation in this Webinar requires:

  • Landline telephone (cell phones will not work).
  • Computer using a Windows-based operating system

Consider Bringing This Course to Your Location
This professional development program and others offered by WorldatWork can be customized to meet the unique needs of your organization and delivered at your location. For more information, contact a Corporate Education Resource Manager at 877/710-5970 or 480/905-5980.

 

Fees and Registration Registration Policies

Classroom
Course & Certification Exam:  $1,585 USD *  |  Member $1,080 USD
Schedule/Registration
Course Only: $1,480 USD * | Member $990 USD
Schedule/Registration
CourseCast (view special requirements)
About this option
CourseCast (live) & Certification Exam
Single Participant $1,810 USD | Member $1,300 USD
Each Additional Participant** $960 USD | Member $725 USD
Schedule/Registration
CourseCast (live) Only
Single Participant $1,700 USD | Member $1,220 USD
Each Additional Participant** $900 USD | Member $705 USD

Schedule/Registration
Course Binder and Exam
About this option
Course Binder Only: $690 USD * | Member $460 USD (Plus shipping & handling.)
Add to Cart
Course Binder and Certification Exam: $1,225 USD * | Member $850 USD (Plus shipping & handling.)
Add to Cart
Certification Exam Only: $645 USD * | Member $500 USD
Schedule/Registration

Please note: WorldatWork course and certification exam materials undergo frequent evaluation and revision. If you are purchasing course materials for the purpose of self-study, it is recommended that you schedule your exam within 30-45 days of purchase to ensure the course materials and exam are current. To schedule an exam please contact Customer Relationship Services toll-free at 877/951-9191 or e-mail customerrelations@worldatwork.org. Self-study binder purchases are nonreturnable.

For certification preparation courses held in Washington, D.C., Phoenix/Scottsdale, Brussels, Singapore and any one-day seminar held globally, course binders (and BAII calculator, if applicable) will be available for pick up on site the day of the course. All other registrants will receive a course binder no sooner than 5-7 days after registration. Playback is available 1 week after the last course day and expires 90-days from registration.

To help you prepare for your course, please visit www.worldatwork.org/seminars to download course book amendments, view class rosters and to find out what to bring to your class.

Registrants will receive a course binder no sooner than 5-7 days after registration. Playback is available 1 week after the last course day and expires 90-days from registration.

**Participants attending from the same computer. Limit three per computer connection. If registering more than one attendee, please contact Customer Relationship Services toll-free at 877/951-9191.

*Join now and receive the best value. This includes both a one-year WorldatWork membership and course registration. Add the course to your cart and then click "Join Now" before proceeding to check out.

 

 

 

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