Need more options? Click Here for Advanced Search!

Fundamentals of Market Pricing: How to Interpret Salary Data and Make Better Offers - On-Demand

Fundamentals of Market Pricing: How to Interpret Salary Data and Make Better Offers - On-Demand

Product Code: YHWA013019D

Availability: In stock

Internet Special:
$249.00
Add Items to Cart

Fundamentals of Market Pricing: How to Interpret Salary Data and Make Better Offers - On-Demand

Webinar now available On-Demand.


WEBINAR SNAPSHOT: Learn how to use compensation surveys and data to determine pay rates and to remain competitive.



Determining the correct market rate for talent’s compensation is challenging. If you’re underpaying, an employee may opt to move on. If you overpay, you’re potentially throwing cash away. 

Using market data can help you determine a fair rate that can keep your organization competitive and permit you to recruit and retain quality employees. But, finding out what surveys to use and then analyzing and preparing your pay structure can be daunting.

And, not all surveys are created equal, as some are of poor quality or overly complicated. Also, the data from one survey might not meet your needs. Consider, too, that some jobs have local pay data available for pricing while other jobs must be surveyed nationally. Finally, you’ll want to ensure you’re drawing data from companies that are similar to your own.

Once the survey report arrives, how will you use it? It can be downright tricky to find and accurately interpret the salary survey information you need to use. And, while building a pay structure solely upon market-based compensation can be intimidating—it doesn’t have to be.

Use this on-demand webinar for an in-depth webinar led by a compensation expert, David Wudyka, MBA, BSIE, on how to create a balanced, accurate pay rate that is aligned with your market, and that doesn’t place your company in an overly expensive relationship to that market. You’ll come away with a clear understanding of the best practices for using surveys and data to determine pay rates and to remain competitive.

You’ll learn how to:

  • Use market data to determine pay ranges 
  • Tell the difference between market-based pay structures and traditional, broadband, or step structures 
  • Select market data surveys using the position you’re determining the pay for, the size and location of the company you want to compare, and more 
  • Analyze market date for best results
  • Facilitate buy-in from management and staff 
  • Compensate employees relative to the pay ranges 
  • And much more! 

About Your Presenter

David WudykaDavid Wudyka
Managing Principal
Westminster Associates

David Wudyka, MBA, BSIE, managing principal and founder of Westminster Associates, manages and oversees all company operations, including the design, development, and implementation of all client HR programs. With more than 30 years of professional HR experience, he has a strong interest today in the increasingly emerging role of the HR department as a strategic partner, employee retention strategies, and group incentive plans. Mr. Wudyka was one of the first 200 people in the United States to be certified in the field of Compensation by the former American Compensation Association. He also teaches the HR Certification Program at UMass Boston. 

    Write Your Own Review