Training is an integral part of our service offering at Compensation Works. We understand that a well-executed compensation strategy requires well-designed programs and a well-informed team that can manage and communicate these programs effectively.
We offer comprehensive training programs to build your team’s capabilities in various compensation-related areas. Our training programs are customized to the specific needs and goals of your organization and can cover topics such as:
- Understanding Compensation: An introduction to compensation principles and practices, including job evaluation, market pricing, pay structures, and incentive design.
- Pay Equity Compliance: Training on pay equity principles, how to conduct a pay equity analysis, and how to maintain compliance over time.
- Sales Compensation: A deep dive into sales compensation practices, including how to design incentive plans that motivate and reward sales performance.
- Executive Compensation: Training on the complexities of executive compensation, including regulatory requirements, governance best practices, and strategies for aligning executive pay with company performance.
- Benefits Administration: An overview of benefits programs and strategies, including how to analyze the cost-effectiveness of your benefits and how to communicate benefits to employees.
- Compensation Tools and Technology: Training on how to use various tools and technology platforms for compensation management, including market pricing tools, HRIS systems, and analytics tools.
Our training services aim to empower your team to manage your compensation programs effectively and independently while we remain available for ongoing support and consultation as needed.