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Course/Product Description
Title:

Achieving Competitive, Fair Pay: Compensation Strategy Tips For Filling Open Positions While Meeting Market Demands

SKU:WC-1025076
Date / Time: Recorded
Format: Webinar
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Description:

Today’s job market is competitive, and the economy is far more healthy than it was following the Great Recession. Because turnover rates increase as unemployment decreases, it’s now a job seekers’ market.

Generally, you get only one shot to fill an open slot with the talent you want. How can you tell whether the compensation you’re offering is going to appeal to prospective candidates? And, how far should you go to negotiate prospective employees’ compensation packages? What types of requests should you be prepared to address?

Plus, how can you fine-tune your compensation strategy to provide what’s really necessary to secure the talent you want? Even if your salary and benefits are comparable to others in the same industry, what would make a prospective job seeker want to join your team?

Consider, too, that the equal pay movement is currently leading state and local lawmakers to pass new laws prohibiting employers from asking about applicants’ salary history. While this legislation is facing opposition, it is being passed in a number of localities. If you don’t know what candidates have made in previous positions, how can you ensure that your offer will be fair based on their experience and the market?

Join us for an insightful presentation that will address these questions and offer tips to ensure you are filling your open requisitions with the talent you want to attract in this increasingly competitive job market.

You’ll learn:

  • How to go beyond internal equity to meet pay levels the market really demands
  • Tips on how to negotiate compensation packages that satisfy candidates without breaking the bank
  • Steps for ensuring that your compensation package is comparable to, or better than, your competitors’
  • When it might be acceptable to agree to pay above the rate you originally offered
  • How to tell when it’s better to stand firm when negotiating compensation
  • How far to go when answering candidates’ requests for alternative benefits, such as flex time, distance work, etc.
  • Creative ways to offer job candidates what they need as far as culture, work/life balance, and other intangibles
  • How to use employees’ insights—exit interviews and onboarding feedback—to discover new ways to make your organization attractive to job seekers
  • How to ensure equitable compensation in light of the many local laws that prohibit asking candidates about their previous salaries
  • And much more!
About Your Presenters:

Sam Reeve
Executive Vice President
Performensation

Sam Reeve is a global certified compensation consultant (CCP, GRP) with 15 years of experience in Total Reward Strategies. He is an expert in broad-based compensation and focuses his talents on enhancing performance through the effective use of incentive and recognition programs. Prior to joining the firm, Mr. Reeve worked in the corporate compensation functions of notable firms such as BlackRock, McKesson and Automatic Data Processing (ADP). He currently lives in Colorado and, aside from his professional life, enjoys numerous outdoor activities with his family. He has a degree in Finance and Economics from California State University, Sacramento.

Shalyn Eyer
Consultant
FutureSense

Shalyn Eyer joined the FutureSense team in 2014, with over 15 years of experience in education, government, and corporate environments. She holds a B.A. degree in Psychology from Sonoma State University, and an M.A. in Organizational Management and Strategic Leadership from Ashford University. Ms. Eyer started her career in the government sector, took a brief detour in the financial industry, and then moved into higher education, where she was instrumental in creating, launching and growing the graduate and wine business programs at Sonoma State University. In this particular role, she expanded her skills in program development, recruiting, sales and marketing, and event and program management.

Cannot Attend The Live Presentation?

This presentation is also available in a recorded format, in On-Demand version, as shown in the pricing options below.

About Webcasts / Audio Conferences / Podcasts:

Webcasts, audio conferences, and podcasts are presentations that you attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.

The live 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 any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back at work immediately after the session ends!

And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous times and to share it with others in your office.

Handout materials and the phone number for live presentations are made available to you prior to the event via email from the presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.

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.
More Info: Contact Us For More Information
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Keywords For This Course:

Achieving Competitive, Fair Pay: Compensation Strategy Tips for Filling Open Positions While Meeting Market Demands, HR, job market, compensation, competitive pay plans, Sam Reeve, Performensation, Shalyn Eyer, FutureSense, fair pay, recruiting, hiring, total compensation, fringe benefits, compensation philosophy, pay strategy

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