Getting it Right with Compensation

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Getting it Right with Compensation

Program Overview

An organization's payroll is a huge expense, yet many managers do not understand  the underpinnings of that expense, or even whether their money is being spent effectively or efficiently.  Lacking this critical information can be a direct cause (or enabler) of increasing employee costs harmful to the success of any business enterprise.

Rewards also directly impact an employee's perception of their worth to you, and your treatment of them.  Thus the opportunity for compensation affects their morale, their degree of engagement and potentially the reputation of your business within the local community.

This session explores not only the how-to of an organization's compensation program, but the why and the why not as well.  Attendees will be provided with practical, example-laden information that can be used the very next day to improve the employee reward environment that they're dealing with.

In this session the following topics will be covered:

  • The importance of your single largest expense item
  • What is a compensation plan, and how do you get one?
  • The employee perspective on pay
  • Compensation as it relates to engagement and driving a performance culture
  • How to know whether your plans are effective
  • What to do when competitive pay is not enough
  • Differences worth knowing when operating on the global stage
  • How you can make a difference

 

 

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Date: May 27, 2014

Faculty Lead: Chuck Csizmar

Program: 6:30p.m. - 9:30p.m.

Location: Rollins College, Crummer Graduate School of Business

              Bush Executive Center

 Tuition Fee:  $195 per person (Cancellation Policy & Discounts)

 

 

 

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