Sessions
Concurrent Session
Auditing Compensation Practices -- Common Mistakes and Practical Solutions
N227
Monday 06/17/2013 07:00 AM - 08:15 AM
1.25 HR Credit
| Competencies: Critical Evaluation
| Intended Audience: Mid-Level
Workplace Application:
You will learn best practices for conducting an effective compensation audit that will minimize legal risk.
Will conducting a compensation audit help you avoid liability for improper pay practices if faced with a DOL investigation or lawsuit? The answer depends on how the audit is conducted, who conducts it, and what the company does with the results of the audit. You will learn compensation audit best practices, how to get management buy-in for correcting mistakes, and practical ways to correct questionable pay practices that may minimize liability and avoid claims.
