Fundamentals of Base Pay Structure Design
Base pay is the foundation on which other elements of reward are built. It therefore plays an important role when designing the remuneration framework of any organisation. The base pay design process requires organisations to consider internal and external factors in achieving market competitiveness and internal equity. Base pay is also one of the critical hygiene factors that leading companies focus on addressing proactively to avoid employee dissatisfaction.
There can be serious cost implications for organizations that get the base pay design principles wrong. This is why KPMG has put together the Fundamentals of Base Pay Structure Design training programme to equip HR/Reward practitioners with the requisite knowledge and skills for designing, maintaining and strategically managing base pay programmes, towards achieving internal equity, external competitiveness and cost optimization.
Get more insight and download our 2017 training brochure here