Compensation Market Study Staff Council Introduction

Compensation Market Study

Staff Council Introduction

CBIZ COMPENSATION CONSULTING | MARCH 23, 2021

About CBIZ Compensation Consulting

• National compensation consulting practice for CBIZ

– Dedicated compensation practice since 2003

• Team of dedicated compensation professionals

– Joe Rice: Director, Compensation Consulting

– Ed Rataj: Managing Director, Compensation Consulting

– Ryan Blackwell: Project Manager

– Consultants: Stefanie Jerry, Jack Thornton, Taylor

Sprague, and Adam Reckamp

CBIZ COMPENSATION CONSULTING 2

Project Steps

• Planning Discussion

– Leadership teams

• Understand compensation philosophy

• Culture

• Current experience and administration

– Employee representative groups (SCEC and FSEC)

• Concerns, desires, satisfaction

• Data Collection

– Employee census data, job descriptions, etc.

3

PLANNING

Project Steps

• Job Analysis Questionnaire

• Consolidate Job Titles

• Update Job Descriptions

• FLSA Exemptions

4

JOB EVALUATION (STAFF ONLY)

What is a Position Description Questionnaire

(PDQ)?

• Data collection instrument

• Designed to gather specific information about job:

– Purpose

– Key functions

– Qualifications

– Scope

– Work Environment

• Focus on job—not person

5CBIZ COMPENSATION CONSULTING

Why launch the PDQ

• PDQ content can be used for:

– Compensation benchmarking

– Fair Labor Standard Act (FLSA) overtime classification

reviews

– Assist with the Americans with Disabilities Act (ADA)

reasonable accommodation process

– Job Description updates

• Including consolidation or collapsing of existing job

descriptions

• Opportunity for employees to communicate directly to

consultants

6CBIZ COMPENSATION CONSULTING

PDQs for Staff

• PDQ Email

– From “CBIZ Consultants”

• Access link to complete PDQ

– Link to PDQs are unique for each staff

– Complete accurately

– Complete by 3/19 (Deadline extended to 3/26)

7CBIZ COMPENSATION CONSULTING

Project Steps

• External Market Analysis

8

MARKET RESEARCH

Project Steps

• Pay Structure(s)

• Financial Impact Analysis

• Pay Equity Analysis

• Preliminary Results

• Non-Benchmark Slotting

• Finalize Design

9

DESIGN

Project Steps

• Administration

• Open Forums

10

COMMUNICATE

Project Steps

• Program Training

• Salary Planning Letter

11

ONGOING ADMINISTRATION

QUESTIONS