Compensation Design Tips to Attract and Motivate Employees
Duration: 90 minutes
Speaker: Sam Reeve
Webinar Description
Is it difficult to find and keep high performing talent? Pay is a necessary element in the work environment, but many companies fail to design compensation plans that attract and motivate employees. The end result is that companies often overpay for the amount of employee satisfaction and performance that is delivered.
Attend this information-rich webinar to understand the critical factors that are necessary to obtain the high performing employees who drive business success. Compensation expert Sam Reeve will show you how to align your company's employee value proposition with your pay strategy to maximize worker engagement. You will learn how to craft the cutting edge pay program that your company needs to better compete in the marketplace.
Agenda
Understanding the Role of Pay in the Design Process
- Alignment with Company Goals and Pay Philosophy
- Fixed Pay Objectives
- Short Term Incentive Goals
- Long Term Incentive Goals
Attracting and Motivating the Workforce
- The Employee Value Proposition
- Intrinsic and Extrinsic Motivation
Pay Design that Fits your Company
- Diagnosis of Internal and External Influences
- Talent Strategy and Infrastructure
- Talent Demographics and Culture
- Pay Program Gap Analysis
- Geographic and Cultural Practices
- Pay Design Factors
- Assigning Meaningful Metrics
- Plan Modeling and Planning for Transition
Logistics
- 90 minutes (Travel Free) delivered over the Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone. You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.