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Salary Information in Workday

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Title: Salary Information in Workday


1
Salary Information in Workday Advice and
Resources for Managers
  • June 2015

2
Topics
  • Whats new about salary information in Workday
  • Key points for managers to keep in mind
  • Confidentiality of salary information
  • Yales compensation policy practice
  • Tips for salary conversations with staff
  • Resources
  • Questions?

3
Whats New? Whats Not.
  • New
  • On July 1, in Workday, managers of staff who have
    employees assigned to their supervisory
    organization will be able to view salary
    information on those employees easily, with just
    a few clicks.
  • Not New
  • The business standards and regulations for
    confidentiality of salary information, the
    compensation philosophy and practice at Yale, and
    the guidance for conversations about salary
    between managers and employees have not changed
    with the ease of access to salary information
    available to managers in the Workday environment.

4
Key points for managers to keep in mind
  • As a manager you may be seeing salary information
    for the first time, or seeing it presented
    differently than whats familiar to you - which
    might raise some questions at first glance.
  • Managers are considered agents of the university,
    so whenever more, or different information
    becomes accessible to you, having some tips on
    how to interpret and use it is particularly
    important.
  • Your HRG is your first best contact for guidance
    on understanding employee salary information and
    the universitys compensation policy and
    practice.

5
Confidentiality of Salary Information
  • A Few Key Points
  • Salary information of individual employees is
    confidential, and should not be shared except as
    needed for a specific business reason, and then
    only with responsible individuals, and with care
    that the information remains confidential.
  • Aggregate salary information across a
    departments employees must also be treated
    confidentially, and again, should not be shared
    except as described above, or when senior
    leadership has a need to facilitate management
    and decision making across a unit.
  • When salary information needs to be shared
    electronically, it should be transmitted in a
    secure file that is password protected or on a
    secure server with controlled access.
  • Managers should follow the guidelines established
    under the Standards of Business Conduct, and
    refer to the additional reference information on
    policy, legal and regulatory, and university
    practice provided in the special document on
    Compensation Principles, Policies and Practice
    for MP Staff which can be found in the
    Managers Toolkit.

6
Compensation Policy Practice
  • Yale develops its compensation and classification
    programs with several goals in mind
  • To attract and retain extraordinary talent.
  • To create appropriate salary structures based on
    the responsibilities and technical requirements
    of each position, and to establish salaries
    accordingly.
  • To award salary increases based on individual
    contributions and performance.
  • To pay salaries that are competitive with those
    of comparable positions at comparable employers,
    within comparable labor markets.
  • To develop salaries that are consistent with the
    university's budgetary guidelines and are a key
    element of the universitys total rewards
    package.

7
Compensation Policy Practice (cont.)
  • More detail about Yales Compensation Practices
    and Policies, including
  • Job Evaluation Process and Method
  • Salary Ranges and Bands
  • Annual Salary Review Merit
  • How salaries are set at the time of hire
  • Assuring fairness and equity
  • and more
  • Can be found here
  • Staff Workplace Policies- Section 200-
    Compensation Management
  • Managers Toolkit

8
Tips for salary conversations with staff
  • Employees may come to their managers with
    questions or concerns about their salary. It
    might be to seek a pay raise, or express a
    perception that others make more than they do, or
    that their position is not valued correctly, or
    any other number of thoughts about how their pay
    compares with others inside or outside of their
    department or the university.
  • It can be challenging to respond to employee
    concerns about salary issues, particularly if
    the manager is worried about the employees
    morale, or suspects there actually might be some
    basis to the issue they are raising.

9
Tips for salary conversations (cont.)
  • Trying to respond in the moment, or without good
    counsel, can present pitfalls for the manager,
    and result in inadvertently providing wrong
    information, or setting inappropriate
    expectations on the part of the employee.
  • In all of the above scenarios, it is appropriate
    to respond Thank you for bringing forth your
    concerns. Let me review with Human Resources and
    get back to you.
  • Managers should not feel responsible for
    providing immediate responses to employees
    salary questions when an appropriate answer may
    be outside of their experience or expertise.
    Consulting ahead of time with HR, and then
    handling the conversation with the employee
    yourself maintains the best practice of
    responding to the employee directly and helps
    keep the relationship between the manager and
    employee strong and positive.

10
Resources and addresses
  • Staff Workplace Policies- Section 200-
    Compensation Management
  • Managers Toolkit
  • Standards of Business Conduct
  • Compensation and Classification Website
  • Human Resources Generalist

11
Questions?
  • Note All of the information contained within
    this deck and referenced websites and documents
    is not a substitute for obtaining guidance and
    expertise from a Human Resources Generalist or
    Compensation Planning department.
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