How do you design a pay system that attracts great people, motivates performance, and keeps your business running smoothly, without endless confusion or drama? For small and medium-sized businesses, compensation is often a source of stress, uncertainty, and wasted time. But it doesn't have to be.
In this fast-paced, interactive seminar, you'll learn a practical framework for building a compensation system that is fair, transparent, and scalable - so you can focus on growing your business and supporting your team.
In this session, we will discuss:
> Compensation Philosophy: What is it, why does it matter, and how do you create on that fits your strategy and values?
> Pay Bands and Role Leveling: Simple tools to define clear, market-aligned pay ranges for your key roles, without sharing confidential numbers.
> Variable Pay Options: How to choose (or skip) bonuses, profit sharing, and incentives that actually work for your business.
> Transparency and Communication: How to talk about pay with your team, avoid common pitfalls, and build trust.
> Governance and Review Cadence: Setting up a system that's easy to manage and adapt as your business grows.
This business is designed to spark thoughtful conversations and provide actionable tools you can use right away. Through a mix of live lecture and interactive exercises, you'll leave with templates, tools, and the confidence to make pay decisions that support your business and your people.
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