Compensation Planning & Design

Summary

A successful compensation program allows your organization to compete for the best employees in your industry. Knowing whether you are competitive in the marketplace will be paramount in retaining top-performers and attracting new talent to your organization. Participants will learn the steps for developing a pay structure to ensure internal equity and to keep competitors from wooing away your most gifted employees. We will also discuss the trends around pay for performance and best practices for evaluating and communicating compensation.

 

Outcomes

  • Understand the value of establishing a consistent compensation structure and review process
  • Define your compensation philosophy and strategy to attract and retain your top talent
  • Discuss factors to consider when considering variable pay plans

 

Who will benefit

  • New and emerging leaders with little or no prior training or experience in managing others
  • Experienced managers interested in increasing knowledge around compensation and incentives
  • HR professionals and organizational leaders seeking compensation best practices

Interested in providing this session to your group of managers?

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