Base and Variable Pay

About the module

Module programme

Module overview

Set pay too low and you might not attract the right workforce. Set it too high, or link it to the wrong performance measures, and the costs could be ruinous. So how do you get it right? This course provides a comprehensive guide to structuring base pay and variable pay design.

Benefits to you and your organisation

By the end of the course you will be able to:

identify different job evaluation methodologies and decide when to apply them
assess the pay-setting context, including the difference between internal and external relativities
evaluate different pay structures and pay progression methods and decide when it is appropriate to apply particular methods
define the different elements of an equal pay audit
differentiate between the elements of pay, including pay premia and allowances
assess the relationship between pay and the wider performance management system
evaluate incentive schemes and the different approaches to individual and group incentive schemes.

Tutors

Mr Denis Crowe

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Dates and availability

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CIPD Advanced Certificate in Reward Management

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