Making Sense of Salary Surveys: Understanding & Leveraging Market Data

February 22, 2018 11:00 am to 1:30 pm

Description: 

Making Sense of Salary Surveys:
Understanding & Leveraging Market Data

11:00 am - 1:30 pm (lunch included)
National Housing Center

presented by

Doug  Lwin, CCP, CBP, GRP - Lwin, Ellis & Associates, LLC
Angelo Kostopoulos - AKRON, Inc.

RECERTIFICATION CREDIT


This program is valid for 1.5 PDCs for the SHRM-CP or SHRM-SCP.     
For more information about certification or recertification, please visit shrmcertification.org.

http://www.hra-nca.org/sites/default/files/hrci_preapprovedseal_2017.jpg
Recertification Credit Hours Awarded: 1.50 HR (General)
The use of this seal confirms that this activity has met HR Certification Institute's®
(HRCI®) criteria for recertification credit pre-approval.

 

ABOUT THE PROGRAM

Join us for a 90-minute presentation that teaches you how to read and interpret salary surveys with a critical-eye. Learn a more efficient approach to survey submissions, explore the art and science of job matching, identify which key fields can best help you understand the data set, and gain insight into how to use surveys to better determine your organization’s competitive position within the market.

We will discuss the role of the compensation surveys as a market pricing tool, the importance of participation, and the benefits of using multiple salary data sources. You’ll also learn the importance of identifying the underlying assumptions and constructs associated with any given survey.

Using actual salary data from the 2017 HRA NCA Salary Survey, we’ll demonstrate the key steps in matching jobs; identifying potential data anomalies; and pricing hybrid jobs.

Learning Objectives:

  1. Describe simplified job matching process to reduce time spent on participating in salary surveys year over year.
  2. Review compensation terminology and identify key data fields to focus on surveys.
  3. Compare three methods of pricing hybrid jobs.
  4. Describe the process of interpreting, analyzing data to determine your competitive posture.

About the presenters:

Doug Lwin has more than 25 years’ experience successfully helping Fortune 100 and 200 companies navigate the challenges of compensation management. Over the years he has worked on all aspects of Compensation at small US organizations to very large global corporations and in various industries. Along the way, he learned what to do as well as what not to do to operate a successful Compensation function to support an organization.

He was most recently at AECOM in Los Angeles where he was the Corporate VP of Global Compensation leading a team of compensation professionals responsible for the design, execution and administration for over 70 thousand employees. Prior to that, he was at Lockheed Martin as the Broad-Based Corporate Compensation Director. As a part of the senior leadership of Total Rewards and Performance Management team, he was responsible for enterprise-wide Broad Base Compensation management of the corporation (over 120K employees) and provides thought leadership in compensation
philosophy, strategy and policy for the corporation.

Over the years, Doug has been involved with a number of national and local professional organizations. He was a past two-term President of the chapter and Vice President of Surveys for the Washington Area Compensation and Benefits Association (WACABA, a local chapter of World at Work). He was also on the Board of the Human Resources Association of the National Capital Area (DC SHRM) for several years where he oversaw the annual compensation survey and began the benefits survey for the organization. Doug holds a Bachelor of Science degree from the University of Maryland and has and MBA from Johns Hopkins University. He is also a Certified Compensation Professional (CCP), a Certified Benefits Professional (CBP) and a certified Global Remuneration professional (GRP).

Angelo Kostopoulos is founder and President of AKRON, Inc., the data services and survey company that conducts and administers numerous regional and national compensation and benefits surveys including the HRA-NCA Compensation Survey, the HRA-NCA Benefits Survey, and the Local Government Personnel Association (LGPA) Compensation Survey with a proven track record in delivering quality annual surveys year after year. AKRON is, as well, Publisher of National Think Tank Survey. Prior to starting AKRON, Mr. Kostopoulos was Managing Partner, Vice President of Software Development Services for SYSNET Corp. where he was architect and technical lead of team that established, developed and grew software development and internet application development division of corporation. Established data analytics practice focusing on data intensive custom application development. Prior to SYSNET, Mr. Kostopoulos was Project Manager for the Economic Analysis Group responsible for full SLDC and client delivery of applications focused on litigation support and management services. Mr. Kostopoulos earned a BA in Economics from the University of Maryland, College Park, a M.S. in Computer Science from The George Washington University, and an MBA in General Management and Finance from Northwestern University’s Kellogg School of Management.

 

Location Details: 

National Housing Center
1201 15th Street, NW
Washington, DC 20005

Event Registration

Non-member price: $75.00