{"id":2630,"date":"2013-05-10T23:06:53","date_gmt":"2013-05-10T23:06:53","guid":{"rendered":"http:\/\/affirmativeaction.com\/?p=2630"},"modified":"2013-05-10T23:06:53","modified_gmt":"2013-05-10T23:06:53","slug":"compensation-best-practices-and-trends","status":"publish","type":"post","link":"https:\/\/biddle.com\/blog\/2013\/05\/10\/compensation-best-practices-and-trends\/","title":{"rendered":"Compensation Best Practices and Trends"},"content":{"rendered":"<h2>A Conference Webcast Event by <a href=\"http:\/\/www.hr.com\/en\/webcasts_events\/virtual_events\/upcoming_virtual_events\/compensation-best-practices-and-trends_h3ygtx49.html\" target=\"_blank\" rel=\"noopener noreferrer\">HR.com<\/a>\u00a0on June 6-7, 2013<\/h2>\n<p>Dr. Dan Kuang is one of the webcast presenters for <a href=\"http:\/\/www.hr.com\/en\/webcasts_events\/virtual_events\/upcoming_virtual_events\/compensation-best-practices-and-trends_h3ygtx49.html\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Compensation Best Practices and Trends<\/em><\/a> &#8211; HR.com&#8217;s free Conference Webcast series on June 6-7, 2013.<\/p>\n<ul>\n<li>For free conference registration and more information visit:<br \/>\n<a href=\"http:\/\/www.hr.com\/en\/webcasts_events\/virtual_events\/upcoming_virtual_events\/compensation-best-practices-and-trends_h3ygtx49.html\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.hr.com\/en\/webcasts_events\/virtual_events\/upcoming_virtual_events\/compensation-best-practices-and-trends_h3ygtx49.html<\/a><\/li>\n<\/ul>\n<p><strong>About Dr. Kuang&#8217;s Presentation:<\/strong><\/p>\n<p><strong>Topic:<\/strong> Compensation Analysis: Beyond Comp 101\u2014Proper Data Modeling<br \/>\n<strong>Date:<\/strong> June 7, 2013 at 1:00 &#8211; 2:00 PM ET<br \/>\n<strong>Description:<\/strong><\/p>\n<blockquote><p><strong><\/strong>In the world of the Fair Pay Act, the EEOC Title VII compensation casework and the OFCCP\u2019s focus on analyzing compensation for disparity, Compensation and HR professionals are challenged to know the proper methodology to ensure that all similarly situated employees are equally compensated. The challenge is that without proper methodologies and modeling, professionals can unknowingly expose their company to significant financial liability. These methodologies and modeling that are typically used in compensation disparity are not used elsewhere within their daily work-life, creating a gap in knowledge, so the need to evaluate compensation for disparity has never been more important than it is today.<\/p>\n<p>To help Compensation and HR professionals evaluate their own skill-sets in the area of compensation analyses, Dan Kuang, Ph.D. will utilize his years of experience with multiple regression modeling and analyses of compensation data to address such issues as data modeling, identification of false positives and negatives, t-test vs. multiple regression, analyses of base pay vs. total compensation, controlling for performance based reward systems and much more.<\/p>\n<p>Compensation analysis\/investigation for pay-disparity within a Title VII framework has reached an new level of sophistication that most analysts are unprepared to tackle. Specifically federal enforcement agencies such as the OFCCP are auditing employers on their Total Compensation practice. Unlike traditional compensation analysis on base-pay, Total Compensation requires considerably more advanced analytical strategies to avoid two classic fatal flaws;<\/p>\n<p>1) False Negative: A finding of no pay-disparity when there is, in fact, pay-disparity<\/p>\n<p>2) False Positive: A finding of pay disparity when there is, in fact, pay-disparity.<\/p>\n<p>This presentation will focus on practical, fundamental analytic concepts and strategies for analysis of Total Compensation.<\/p>\n<p>(source:\u00a0<a href=\"http:\/\/www.hr.com\/en?t=\/contentManager\/onStory&amp;StoryID=1368146535922\">http:\/\/www.hr.com\/en?t=\/contentManager\/onStory&amp;StoryID=1368146535922<\/a>)<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>A Conference Webcast Event by HR.com\u00a0on June 6-7, 2013 Dr. Dan Kuang is one of the webcast presenters for Compensation Best Practices and Trends &#8211; HR.com&#8217;s free Conference Webcast series on June 6-7, 2013. For free conference registration and more information visit: http:\/\/www.hr.com\/en\/webcasts_events\/virtual_events\/upcoming_virtual_events\/compensation-best-practices-and-trends_h3ygtx49.html About Dr. Kuang&#8217;s Presentation: Topic: Compensation Analysis: Beyond Comp 101\u2014Proper Data Modeling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[11],"tags":[162],"class_list":{"0":"post-2630","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-training","7":"tag-compensation-analysis","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Compensation Best Practices and Trends &#187; Biddle Consulting Group News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/biddle.com\/blog\/2013\/05\/10\/compensation-best-practices-and-trends\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Compensation Best Practices and Trends &#187; Biddle Consulting Group News\" \/>\n<meta property=\"og:description\" content=\"A Conference Webcast Event by HR.com\u00a0on June 6-7, 2013 Dr. Dan Kuang is one of the webcast presenters for Compensation Best Practices and Trends &#8211; HR.com&#8217;s free Conference Webcast series on June 6-7, 2013. For free conference registration and more information visit: http:\/\/www.hr.com\/en\/webcasts_events\/virtual_events\/upcoming_virtual_events\/compensation-best-practices-and-trends_h3ygtx49.html About Dr. Kuang&#8217;s Presentation: Topic: Compensation Analysis: Beyond Comp 101\u2014Proper Data Modeling [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/biddle.com\/blog\/2013\/05\/10\/compensation-best-practices-and-trends\/\" \/>\n<meta property=\"og:site_name\" content=\"Biddle Consulting Group News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/Biddle-Consulting-Group-Inc\/283128085965\" \/>\n<meta property=\"article:published_time\" content=\"2013-05-10T23:06:53+00:00\" \/>\n<meta name=\"author\" content=\"editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BiddleCG\" \/>\n<meta name=\"twitter:site\" content=\"@BiddleCG\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/biddle.com\\\/blog\\\/2013\\\/05\\\/10\\\/compensation-best-practices-and-trends\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/biddle.com\\\/blog\\\/2013\\\/05\\\/10\\\/compensation-best-practices-and-trends\\\/\"},\"author\":{\"name\":\"editor\",\"@id\":\"https:\\\/\\\/biddle.com\\\/blog\\\/#\\\/schema\\\/person\\\/b3e6dc7487e790b51a1bc9859c96d98c\"},\"headline\":\"Compensation Best Practices and Trends\",\"datePublished\":\"2013-05-10T23:06:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/biddle.com\\\/blog\\\/2013\\\/05\\\/10\\\/compensation-best-practices-and-trends\\\/\"},\"wordCount\":369,\"publisher\":{\"@id\":\"https:\\\/\\\/biddle.com\\\/blog\\\/#organization\"},\"keywords\":[\"Compensation Analysis\"],\"articleSection\":[\"Training\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/biddle.com\\\/blog\\\/2013\\\/05\\\/10\\\/compensation-best-practices-and-trends\\\/\",\"url\":\"https:\\\/\\\/biddle.com\\\/blog\\\/2013\\\/05\\\/10\\\/compensation-best-practices-and-trends\\\/\",\"name\":\"Compensation Best Practices and Trends &#187; 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