Getting to the base of competitive pay

Base pay audits ensure return-on-investment, and may not be as painful as you imagine
By Tammy Van Eck and Erin Konkle
|Canadian HR Reporter|Last Updated: 02/26/2003

Human resource professionals sometimes worry a base pay system audit will end up increasing costs. And who wants to do that? But an audit — and any corrective action — can actually result in cost savings by ensuring an organization’s investment in base pay provides an optimal return.

The setting: Why perform a checkup?

A base pay system is a combination of the programs and processes, which typically include a job evaluation program (see accompanying article), base pay structures and pay administration processes.