Randi Frank HR Consulting

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Classification and Compensation Studies

What is a Classification and Compensation Study?

These studies are conducted to re-examine the responsibilities, salary and work performed by various positions. The study’s purposes are to develop new job descriptions, classify the positions according to a uniform factor point analysis standard, survey the market of comparable communities to determine representative rates of compensation, and to develop and recommend a pay plan. – Case Study Example

As a result of these studies each position is classified and assigned a pay plan gradeclassstudies according to its relative economic job worth in relation to the marketplace and other similarly classified positions within the Municipality. The end result is a Classification Plan (pay grades) and Compensation Plan (salary schedule) along with new job descriptions.

Not sure you need this service?

  1. Is employee turn over high due to low salaries or salaries not at market rates?
  2. Has it been years since job descriptions were reviewed or revised and the positions have changed?
  3. Is there no rhyme or reason on why employees are in certain pay grades and others are in lower pay grades?
  4. Do you want to provide equal pay for equal work, in accordance with Federal Regulations?
  5. Do personnel rules or Union contracts require revised classification and compensation systems?

If you answered “yes” to any of these questions, Randi Frank can provide you with classification and compensation studies to resolve some of these questions.

Contact Randi for complimentary consultation at 203-213-3722.

Why Your Business Needs an HR Expert

  • Why Your Business Needs an HR Expert
  • 20 Years of Celebration with 20 HR Tips to Help Your Business
  • The best way to choose HR Consulting Firm
  • 8 Advantages Of Human Resources Consultants For Businesses
  • Why Are HR Services Important For Small Businesses?
  • What Benefits Do HR Business Consultants Bring?
  • How HR Management Services Can Enrich Operations

Podcast about Classification & Compensation

  • Class & Comp – Determining a Salary Grade whose Market Pay is less than the Internal Job Evaluation
  • Determining Market Value of Jobs with Multiple Functions
  • Why we Label some Positions as Non-Classified due to High Market Rates
  • Determining Market Rates, Internal Equity & Affordability
  • Why Municipalities Want a Classification & Compensation Study
  • Introduction in Classification & Compensation Manual

Video Blogs

  • Interviewing with Randi Frank
  • Interviewing Tips for Employers
  • Onboarding – How to Keep your Employees
  • Hiring – Best Practices
  • Proper Recruitment- Hiring Done Right the First Time
  • Employee Pay – Paying by the Rules
  • Sexual Harassment & Me Too Movement
  • Work Place Safety – Safety is Everyone’s Business
  • FLSA – Fair Labor Standards Act Applies to Everyone
  • Discrimination – Let’s Educate So You Don’t Discriminate

HR Tips for Employers

HR Tips for Employers

  • Why Small Businesses need Employment Practices Liability Insurance
  • Tips on Executive Searches
  • Tips on Hiring Interns
  • Tips for New Leaders/New Executives
  • Tips for Interviewing
  • Tips for Reviewing Resumes
  • Tips on Job Descriptions
  • Tips for Recruitment
  • Tips on Orientation & Onboarding
  • Tips on Goal Setting
  • Tips for Mentoring
  • Tips on Sexual Harassment Prevention
  • The Importance of Performance Evaluation
  • Tips for Succession Planning
  • FAQ Frequently Asked Questions
  • Stay Interviews
  • How to Retain your Talented Employees
  • What does a Classification & Compensation Study Involve?
  • Classifications and Compensation System

Tips for Job Seekers

  • Job Seeker Tips on Interviewing
  • Tips on Preparing Resumes
  • How to work with Executive Search Firms
  • Career Changes
  • Promotions
  • Should you write a Cover Letter?

Past Executive Searches

Click here to see the extensive variety of past executive searches conducted by Randi Frank Consulting

Blog Topics

Contact Randi Frank

Resumes and Cover letters should be sent to Executive Search Firm (email preferred):

Headquarters in Louisville, KY serving Nationwide Clients with a special emphasis on Kentucky, Connecticut and the East Coast.
[email protected]
www.randifrank.com
Phone: 203-213-3722

Kentucky Address:
Randi Frank Consulting LLC
7700 Hoover Way
Louisville, KY 40219

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