"Drilling Down: Statistical Sampling for Pay Ratios"

Thursday, October 24, 2013

2:00 - 2:45 pm, eastern [archive and transcript to follow]

This program takes off from where our recent "Doing Your Pay Ratio Homework Now: A Roadmap" left off. This program will drill down even further on the challenging topic of how to conduct statistical sampling. Our experts will roundtable on the 10 toughest issues you face in this area. Join these experts:

• Jan Koors, Managing Director, Pearl Meyer & Partners
• Richard Luss, Senior Economist, Towers Watson
• Mike Marino, Principal, Frederic W. Cook & Co.

Among other topics, this program will cover:

1. When sampling makes sense (large dispersed workforce, multiple pay databases, etc.)
    
2. What might be unintended consequences of identifying a "median employee" using pay definition different than ultimate SCT-based calculation of that person's compensation for use in ratio
    
3. Selecting a sampling technique, which is best?
    
1. Random sampling? Stratified sampling? Other?
    
2. Ability to provide explanation of process chosen and implications of decisions (eg. stratified sampling may produce more reliable or valid answers but may also involve quite a few decisions of where/who to oversample)
    
4. Determining sample size, how much precision is required?
    
1. The square root of n+1?
    
2. Data availability or comparability issues for global firms?
    
5. Reliability & validity, how are they relevant?
    
1. Constant results
    
2. Accurate results
    

Cost: As 2013 members of CompensationStandards.com are able to attend this critical webcast at no charge, you need to renew or try a no-risk trial now. Otherwise, the webcast cost for non-members is $595. You can renew or sign up for a no-risk trial online - or by fax or mail via this order form. If you need assistance, send us an email at info@CompensationStandards.com - or call us at 925.685.5111.

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What you can do if you can't access the live program: If you have a scheduling conflict or have problems accessing webcasts generally (due to firewalls, etc.), an audio archive of the webcast will be posted immediately after the program - and a text transcript of the program will be posted on CompensationStandards.com about a week after the live webcast.