Pay For Performance: Best Practices For Embracing The New Normal in Compensation Design
|Date / Time:
Performance is the new normal in every aspect of our world and especially in compensation. Tighter budgets, more expensive markets, stronger competitors, and better management are driving top to bottom evolution in performance-based pay.
In addition, Say on Pay voting for executive compensation and a generally higher activism rate of shareholders has swiftly transformed executive compensation programs from service-based metrics that were augmented by performance to performance-based metrics that are augmented by time of service.
It is essential that business leaders, HR experts, and compensation professionals have a thorough understanding of the best practices and potential pitfalls of pay for performance.
Don't miss our eye-opening webinar, when you'll learn:
- Why performance is "the new normal" for many jobs that never were held to this sort of standard before
- How this "new normal" has impacted the perception of P4P for executives and other corporate pay programs
- Who loves and who hates P4P - and why
- How to define your needs, metrics, and goals, including why you are measuring, what is being measured, and how they are related to achievement levels and timing
- Tips for tracking your progress and communicating achievements, rewarding success (or not), and celebrating accomplishments
- How to track, how often to track, and what to track
- Five great reasons to embrace P4P* The four biggest risks of pay for performance and how to effectively maneuver around them
- Communication strategies for discussing your P4P programs
- Action plan overview for companies wishing to establish or improve P4P practices at their organization right now
- And much more!
In just 90 minutes, you'll learn the ins and outs of pay for performance. Register now for this informative event risk free.
About your presenters:
Dan Walter, CEP, is the president and CEO of Performensation, which assists public and private companies of all sizes with a focus on the "not Fortune 1000.″ As a Certified Equity Professional (CEP), Mr. Walter has provided solutions for equity and performance-based compensation for almost 20 years and is considered one of the compensation industry's "go-to" experts on the topic of equity compensation. He has extensive experience with both executive and broad-based programs with an emphasis on the design and management of performance share and units.
Mr. Walter creates effective, company-specific solutions paired with post-consultation support. Expertise includes diagnosis of issues, plan design, communication, administration, best practices, and reporting solutions. Dan is the co-author of several books on this topic. He founded Equity Compensation Experts (ECE) and is a board member for the NCEO and an award-winning member of the NASPP. He is an active member of World at Work, Global Equity Organization (GEO), the Society for Certified Equity Professionals and many other organizations. He is a dynamic, engaging speaker who uses expertise and humor to provide innovative and practical solutions. He has spoken for many organizations, including World at Work, NASPP, GEO, NCEO, AICPA, and has presented numerous regional and local webinars.
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.
|About Webcasts / Audio Conferences / Podcasts:|
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versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without
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|Licenses / Designations / Educational Credits:||PHR / SPHR Re-Certification Credits|
All US States: 1.5
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||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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|Keywords For This Course:|
Pay for performance, Merit pay, Performance-based pa y, Compensation
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