The Chartered Institute of Personnel and Development

Short training courses

Content of Base and Variable Pay

DAY 1

Introduction 

  • different job evaluation methodologies
  • pay-setting context, structures and progression

Job evaluation and grading 

  • making sense of the relative worth of jobs
  • formal versus informal schemes
  • external factors

Pay-setting 

  • trends in performance evaluation
  • the interaction between internal and external worth

Pay surveys

  • external market rate and internal equity
  • survey benchmarking and data presentation
  • the regulatory environment

Pay structures and progression

  • different structures and how to select the most appropriate for different types of organisation
  • ensuring transparency, consistency, alignment and equal pay
  • designing and implementing a new pay structure
  • managing pay progression in unionised and nonunionised environments

Equal pay audits

  • equal pay action plans

DAY 2

Pay for performance

  • individual performance-related pay and the link to performance management
  • latest trends and different approaches
  • case studies

Incentive pay

  • incentive scheme design, bonus scheme features
  • balance between fixed and variable pay elements
  • sales incentives and commission schemes

Action planning