How do I create a step based compensation system?
Thank you for any assistance on this. I’m looking for a tool I can use as I’ve been tasked to put one together for a particular department. Thank you.
Vice President Human Resources
Oak Valley Hospital District
Great question. Our article, written for small business owners, doesn’t go into the details of creating a step-based compensation plan.
However, a quick Google search for “SHRM Compensation Model” turned up several great articles including this one which serves as a how to guide with examples:
If you’re not already a SHRM member, as an HR leader you might consider joining SHRM.org to get access to tools and compensation experts on their forum.