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Congratulations!
You have completed ERI DLC Course 81: Salary Structures and Pay Delivery.
You should now be able to:
- Identify the characteristics that provide a foundation for a sound base pay structure
- Recognize various design issues that should be considered when developing a pay structure
- Specify how a base pay policy line and base pay ranges may be developed
- Determine how to use compa-ratio and range penetration to identify pay positions
- Calculate the cost of base pay programs
- Review different types of merit matrices that may be used by a pay for performance organization
- Differentiate between the various types of base pay increases
Looking to Benchmark Pay?
See our salary, cost-of-living, and executive compensation data in action.