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Presented by Theresa Worman and Greg Wolf , Compdata Consulting
In order for your organization to keep pace with current economic conditions, there are many HR issues to address. And, we each have our own list of specific challenges to ensure we continually attract, motivate and retain the best employees. These factors are moving compensation programs back into the spotlight. If the leadership team didn’t consider your compensation structure a key concern before now, recent research strongly suggests that they may soon join a growing number of executives who are bumping it up on the list of priorities.
Your organization’s pay structure did not materialize over night. It takes years to develop it, refine it to meet your internal priorities and company culture, and appropriately integrate it with organizational processes. However, as your organization looks to adapt to the realities of current compensation markets, don’t be caught flatfooted. Ensure your company is nimble enough to successfully navigate various economic conditions.
In this webinar, we will look at specific ways, as an HR professional, you can maximize the impact of your organization’s pay structure. We will cover ways of updating and maintaining a flexible pay structure that is consistent with your compensation philosophy. Then we’ll discuss how to administer pay properly so the right employees receive the right amounts of merit increases. Finally, we will address the crucial methods of communicating how pay structures positively affect employees and the organization as a whole.