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Lance A. Berger Lance A. Berger & Associates, Ltd.
Based on Chapter 1 sixth edition of the Compensation Handbook Copyright © 2015 by McGraw-Hill Education
The State of the Compensation Practice
The State of the Compensation Practice
ExpertiseCodified methodologies Decision-making tools DatabasesMonitoring
The State of the Compensation Practice
BasicOperationalTacticalStrategic
Expertise
Compensation PhilosophyCompensation StrategySalary Administration
Codified Methodologies
Performance appraisal choicesJob evaluation optionsVariable Compensation alternativesStrategy variants
Decision-Making Tools
High qualityTimelyCredibleCost effectiveComprehensive
Databases
AppropriatenessEffectivenessApplicability
Monitoring
Expertise Codified methodologies Decision-making tools Databases Monitoring
The State of the Compensation Practice