What is Skill-Based Pay, and Who Are We? Skill-Based Pay is a well-developed training program coupled with a structured compensation plan that provides:
a) interesting skill progressions required for the successful operation of the organization, and
b) equitable compensation based upon the satisfactory performance of those skills on a continuing basis.
Variations on the concept of skill-based pay go by names such as "pay for knowledge," "pay for skills," and more recently, "broadbanding." The concept of "career ladders" known for many years is itself a predecessor of skill-based pay (SBP).
Don Barkman, President of The Business Center, has been designing skill-based pay systems since 1981 and has gained a great deal of valuable experience that you can draw upon. He has consulted with new start-ups and existing plants. Don has worked in the United States, France, Hungary, Slovakia, Turkey, Greece, and other European countries to design and implement skill-based pay plans.
Here's how we can help. LOOKING FOR INFORMATION?
If you are investigating skill-based pay as a possibility for your organization, then the first step should be purchasing our book on the topic: "Skill-Based Pay: Design and Implementation" This book is based upon our experience with a variety of clients and gives you the essential principles of SBP. Published in 2002, this book is derived from two previous editions with a similar title. Countless clients have commented on how useful the book has been to them in understanding what it takes to have a successful skill-based pay plan.
ASSESSING FEASIBILITY?
If you think that SBP may be right for your organization, but you'd like to get an outside opinion from someone who's "been there, done that," then take advantage of our special one-day on-site assessment visit. Don will come to your location, talk individually with key stakeholders (managers and union leaders) and tour your facility. He will meet with your stakeholders and/or the potential design team to discuss your situation, answer questions, explain key principles relevant to your circumstances, and make suggestions.
READY TO DESIGN A PLAN?
If you have carefully assessed your situation and believe skill-based pay will work for your organization, then we can assist your design team with its work. Most organizations use a group of 6 - 10 persons from various departments and levels to construct their program. We can provide them with the education they need for their assignment, help them plan their sequence of activities, periodically review their thinking, and make observations and suggestions.
You can find out more about our book (including excerpts) and Don's background at our full web site. Don will also be happy to talk with you over the phone about your situation.
Please contact us today. You don't want to gamble with something as important as people's pay!
The Business Center 120 Westview Lane Oak Ridge, TN 37830 865-483-5850
