By Sharon McKnight SPHR,
BLR Compensation Specialist
If you’ve been assigned to “figure out compensation” then you probably feel like I did about a decade ago. I didn’t even know where to begin, much less what needed to be done. Luckily, I worked for a subsidiary of a large corporation with a very knowledgeable compensation manager and had access to national and regional salary surveys.
But surveys are only part of the compensation puzzle. I also needed practical tools to manage the compensation program. I juggled spreadsheets and text documents to cobble together a system for keeping up with compensation but it was always a struggle. If you’re in the same boat I was—and I suspect that’s the case or you wouldn’t be reading this—then you may be in need of effective compensation management tools. If so, there’s good news!
Announcing a major advance in compensation management!
Compensation.BLR.com now includes a brand new management tool —Compensation Analyzer—that compares your organization’s pay scales, grades, and salary offers against those of other employers. Plus you get instant access to built-in job descriptions, industrial classifications, geographic comparisons, employer size variables, and much more.
The BLR Compensation Analyzer delivers the hard numbers you need to retain top talent, make smart and defensible decisions, and control payroll expenses.
For a quick tour of this ultimate pay rate comparison and decision-making tool, join us on Thursday March 22 at 2 p.m. Eastern, 11 am Pacific. All you need is internet access.
Compensation.BLR.com, now thoroughly revamped with easier navigation and more complete compensation information, will tell you what’s being paid right in your state—or even metropolitan area—for hundreds of jobs. Try it at no cost and get a complimentary special report. Read more.
During this free webinar you’ll see how this easy-to-use online resource:
- Evaluates your pay rates to ensure they are competitive
- Compares your pay scales, grades, and salary offers against those of other employers
- Benchmarks your jobs to BLR survey data to see how they compare in different demographic slices (industry, employer size, geography)
- Automatically computes ratios, such as compa-ratios and penetration ratios
- Sorts and filters salary data just the way you want it
- Identifies flight risks and provides the data to support the assessment
- Exports data to your documents and spreadsheets for formatting and reporting
- Adds data from other surveys and use to compare in a single, easy-to-use report
Plus with Compensation.BLR.com you can:
- Price jobs with the Salary Finder
- Manage and create job descriptions
- Calculate turnover cost
- Access all services 24/7 from any computer, anywhere in the world
- Keep up with constantly changing compensation and benefits best practices
The Compensation Analyzer was designed for easy startup. Add your job titles, rate ranges, and departments via a simple interface.
The Compensation Analyzer produces reports to back up every decision. Compare employee pay to rate ranges, BLR survey data, benchmarked jobs, and external surveys
Join us on March 22nd and spend an hour with our Compensation.blr.com experts and learn how the “Compensation Analyzer” can save you hours of your own work — because at Compensation.BLR.com our goal is to make your job easier.
Register Today for the complimentary “Compensation Analyzer” webinar on March 22 at 2 p.m. EDST!
Is My Employee Salary and Other Data Secure?
“Is the data secure?” is the first question compensation managers ask in evaluating a comp management system. Yes, data you enter into the BLR Compensation Analyzer is fully secure. We use SSL (Secure Socket Layer) to encrypt information passing between your computer and our server which stops unauthorized access. Your access is protected via a unique username and password, so there’s no chance that another party will be able to see it.
Register Today for the complimentary “Compensation Analyzer” webinar on March 22 at 2 p.m. EDST!
Have a question or need help?
Email us at CompAnalyzer@BLR.com or call 1-800-727-5257.
Ask for a “Compensation Analyzer Consultant”