Compensation Market Study Staff Council Introduction
Transcript of Compensation Market Study Staff Council Introduction
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Compensation Market Study
Staff Council Introduction
CBIZ COMPENSATION CONSULTING | MARCH 23, 2021
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About CBIZ Compensation Consulting
• National compensation consulting practice for CBIZ
– Dedicated compensation practice since 2003
• Team of dedicated compensation professionals
– Joe Rice: Director, Compensation Consulting
– Ed Rataj: Managing Director, Compensation Consulting
– Ryan Blackwell: Project Manager
– Consultants: Stefanie Jerry, Jack Thornton, Taylor
Sprague, and Adam Reckamp
CBIZ COMPENSATION CONSULTING 2
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Project Steps
• Planning Discussion
– Leadership teams
• Understand compensation philosophy
• Culture
• Current experience and administration
– Employee representative groups (SCEC and FSEC)
• Concerns, desires, satisfaction
• Data Collection
– Employee census data, job descriptions, etc.
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PLANNING
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Project Steps
• Job Analysis Questionnaire
• Consolidate Job Titles
• Update Job Descriptions
• FLSA Exemptions
4
JOB EVALUATION (STAFF ONLY)
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What is a Position Description Questionnaire
(PDQ)?
• Data collection instrument
• Designed to gather specific information about job:
– Purpose
– Key functions
– Qualifications
– Scope
– Work Environment
• Focus on job—not person
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Why launch the PDQ
• PDQ content can be used for:
– Compensation benchmarking
– Fair Labor Standard Act (FLSA) overtime classification
reviews
– Assist with the Americans with Disabilities Act (ADA)
reasonable accommodation process
– Job Description updates
• Including consolidation or collapsing of existing job
descriptions
• Opportunity for employees to communicate directly to
consultants
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PDQs for Staff
• PDQ Email
– From “CBIZ Consultants”
• Access link to complete PDQ
– Link to PDQs are unique for each staff
– Complete accurately
– Complete by 3/19 (Deadline extended to 3/26)
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Project Steps
• External Market Analysis
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MARKET RESEARCH
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Project Steps
• Pay Structure(s)
• Financial Impact Analysis
• Pay Equity Analysis
• Preliminary Results
• Non-Benchmark Slotting
• Finalize Design
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DESIGN
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Project Steps
• Administration
• Open Forums
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COMMUNICATE
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Project Steps
• Program Training
• Salary Planning Letter
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ONGOING ADMINISTRATION
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QUESTIONS