Job Grading & Compensation: Build Fair Pay Structures + Tool

Master job grading, pay structures, and salary bands for fair and competitive compensation

What you'll learn

Understand the fundamentals of job grading and its impact on compensation.

Learn how to design fair and competitive pay structures.

Master methods for evaluating and categorizing job roles.

Develop skills to implement and optimize salary bands.

Requirements

There are no strict requirements for this course. However, a basic understanding of HR processes, compensation structures, or experience in HR, payroll, or talent management will be beneficial. Beginners are welcome, as all concepts will be explained from the ground up

Description

The “Job Grading in a Company” course at Mike Pritula Academy is designed to equip HR professionals and organizational leaders with the skills to effectively classify and evaluate positions within their organizations. Job grading is a crucial HR tool that defines the hierarchy of roles and aligns job descriptions with market salary standards.Course Highlights:• Comprehensive Curriculum: The course consists of six recorded lessons, each accompanied by practical homework assignments reviewed by Mike Pritula. Topics include compensation philosophy, job analysis, salary structures, grading methods, and building pay systems linked to market data.• Interactive Support: Enrollees gain access to a dedicated Q&A chat to discuss topics, share experiences, and receive support from peers and the course facilitator.• Certification: Upon successful completion of the course and assignments, participants receive a diploma, enhancing their professional credentials.Course Program:1. The Essence of Grading and Its Benefits for Business:Explore compensation philosophy, the connection to business objectives, the benefits of grading, and job analysis as a foundation.2. Basics of Salaries and Compensation:Understand fixed pay, grades and ranges, analytical and non-analytical job evaluation methods, and pay equity.3. Options for Grading:Learn about the Repertory Grid Method, factorial analysis, catalogue post matching, and an overview of popular techniques.4. A Step-by-Step Process for Grading Jobs:Identify evaluation factors, conduct job evaluations, select grade widths, and build a grading system.5. Linking Grades to the Market:Discover the basics of wage market overviews, selection of providers, and linking the grading system to market data.6. Building a Pay System Based on Grades:Create a payment policy, build ranges, conduct payroll budgeting, develop a progressive salary review matrix, and perform payroll analytics.Who Should Enroll:This course is ideal for HR specialists, HR managers, department heads, and anyone interested in creating an effective HR management system within their company. It’s particularly beneficial for those aiming to master job grading skills, develop fair pay systems, and enhance their professional level in HR.Benefits of the Course:• Practical Tools: Receive a working file for grading positions in your company, which can be used to establish grading and pay structures.• Career Advancement: Developing expertise in job grading and compensation can lead to more strategic HR roles and increased influence within your organization.• Expert Instruction: Learn from Mike Pritula, a seasoned HR leader with extensive experience in job evaluation and compensation strategies.By enrolling in this course, participants will gain the knowledge and tools necessary to implement effective job grading systems, ensuring fair and competitive compensation structures within their organizations.

Overview

Section 1: Mastering Job Evaluation and Grading

Lecture 1 The essence of grading and its benefits for business

Lecture 2 Basics of salaries and compensation

Lecture 3 Options for grading

Lecture 4 A step-by-step process for grading jobs + Online Tool

Lecture 5 Linking grades to the market

Lecture 6 Building a pay system based on grades

This course is designed for HR professionals, compensation specialists, recruiters, and business leaders who want to master job grading, salary structures, and compensation planning. It is ideal for those looking to implement fair and effective pay scales, improve talent retention, and align compensation with business strategy. Beginners in HR can also benefit, as the course covers grading fundamentals and practical applications.