Compensation Strategies For Tech Workers: Best Practices For Motivating And Retaining Talent
|Date / Time:
Even during the past few years of a down economy, employers have repeatedly said that they are struggling to fill technical positions. And today, the need for tech talent - engineers, scientists, project managers, and more - still outpaces supply.
Tech workers play by different career rules and goals than other employee sectors. They often respond to different incentives and compensation trends than the straight cash offerings that may work with other groups.
As an HR professional, you need to be sure your compensation practices for tech talent are as innovative as possible. If not, you're in danger of losing your top talent to your competitors, which could cost your organization both time and money when you have to replace them.
Participate in this interactive webinar, and you'll learn:
- Why your technical staffers don't think about their jobs the same way your other workers do - and what that means for your compensation policies and practices
- How to develop tech compensation strategies that are externally competitive yet internally motivating
- The best ways to gauge your demand for specific types of technical skills as you set compensation levels
- The pros and cons of adding skill premiums into base salaries for tech workers versus using separate salary supplements or bonuses
- What's working these days with tech compensation beyond base salaries - from incentive pay to benefits and rewards/recognitions
- Key non-cash factors that you must incorporate into your tech compensation program, from job autonomy to professional development opportunities
- How to balance individual and team compensation options with tech employees
- And much more...
About your Speaker:
David Wudyka is the founder and managing principal of Westminster Associates, a Massachusetts-based human resource and compensation firm that specializes in pay, performance, and productivity issues. He brings more than 30 years of professional HR and compensation experience to the table for clients around the country. Wudyka was one of the first 200 people in the United States to be certified in the field of compensation by the former American Compensation Association (which also gave him its Lifetime Achievement Award), and he teaches the SHRM certification program at Bryant University. He speaks and writes frequently on HR and compensation issues. He earned his master's degree from Syracuse University.
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|Licenses / Designations / Educational Credits:||PHR/SPHR|
All US States: 1.5
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