HR Metrics and Job Design: How Salary Range Overlap Affects Promotions

Описание к видео HR Metrics and Job Design: How Salary Range Overlap Affects Promotions

In this video, I’m covering a key compensation metric, that answers a critical question:
Are your salary ranges set up to support smooth promotional increases?

How much your salary ranges overlap can have an affect on promotions and is an important factor to consider in your pay structure design.

Here’s what's covered in this video:
• What salary range overlap is and why it’s essential for your pay structure
• Step-by-step: How to calculate salary range overlap using Excel formulas
• Best practices for managing salary ranges and avoiding pay compression during promotions

If you’re using the All Star HR Package, we’ve already added this formula to your Pay Structure Design Template. Just log in and download the updated version—easy!

Not an All Star HR member yet? No problem! You can learn more about it here:
https://timesavingtemplates.com/sp/al...

Whether you’re an HR or compensation professional, this video is packed with insights to help you:
• Design salary structures that are efficient and competitive
• Simplify promotions and avoid pay compression headaches
• Streamline your processes and save valuable time

Watch it now!

Also download our free comp metrics cheatsheet right here:
https://timesavingtemplates.com/compe...

Also find this template in the Base Pay Bundle - https://timesavingtemplates.com/sp/co...

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