For most organizations, compensation
costs are their major expense; and base pay is the largest part of these
costs. Therefore, cost effective, rational wage structures are vital to an
organization’s fiscal health. In order to establish such a wage structure,
the company must first create a job hierarchy. Doing so has 2 basic steps:
analyzing jobs and evaluating those jobs to create a hierarchy. This
course describes the second step, job evaluation.
Today’s accountant serves as a consultant to many clients. Not
understanding salary administration cripples an accountant’s ability to
serve clients, since compensation is their largest expense. This course is
integral to understanding how fair and competitive salary structures are
established. This course expires June 20, 2003.
