Incentive-Based Comp: How To Design And Install A Plan That Drives Peak Performance
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As the economy begins to improve, it's time to take a hard look at your compensation practices, particularly when it comes to the types of performance incentives your company is offering to the employees you most eagerly wish to retain.
Incentive-based compensation design is a constantly moving target. Top performers need and want their compensation to reflect the market, their stage of career, and most importantly, their performance.
Instead of merely looking over their shoulders at their professional neighbors, the most forward-looking HR professionals are ensuring their incentive programs are accurately aligning with their company's strategic goals. So what's working in tying pay to performance? How are successful organizations designing and implementing programs that maximize the effectiveness of payroll expenses?
Participate in this interactive and timely webinar, and you'll learn:
- A systematic method for designing incentive plans that are flexible, affordable, and effective
- How to review and get a thorough understanding of organizational goals, and how compensation fits into them
- Tips for accurately assessing employee priorities, as well as readiness for change
- When to use the team approach in designing plans
- The right questions to ask when reviewing current incentive plans
- How incentives differ between employee groups and how to design plans that work for each
- What top salespeople are looking for now
- When and how to review your incentive plans moving forward
- Key metrics you can use to assess the effectiveness of your incentive plan
- How to craft compelling incentives that won't break your budget
In just 90 minutes, you'll learn effective and legally sound social media e-monitoring methods that respect your employees' privacy while still keeping your organization productive.
About your Speaker:
Paul R. Dorf is the Managing Director of Compensation Resources, Inc. (CRI), a firm providing comprehensive compensation and Human Resources consulting services including executive compensation, sales compensation, salary administration, performance management and litigation support. He is responsible for directing consulting services in all areas of executive compensation, short and long-term incentives, sales compensation, performance management programs, and salary administration programs. Paul has more than 40 years of HR and compensation experience and has held various executive positions with a number of large corporate organizations and an acute care hospital.
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This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.
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|Licenses / Designations / Educational Credits:||PHR/SPHR|
All US States: 1.5
|About The Provider:
||BLR® is the leader in helping organizations, and their employees, reduce safety, environmental and employment compliance-related legal exposure, stay on the right side of law, and achieve their full potential. We offer best-in-class compliance product and services that includes news, information & analysis, best practice guidance, employee training and turn-key tools delivered in a wide range of formats from online applications, live events and websites to books, CD's, Video, Posters and newsletters geared to all sized organizations and industries.
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