Compensation Conversations: What HR Needs To Know

with
Bob Verchota
On-Demand
From $149.00
Training Includes:
  • 1.0 HRCI, 1.0 SHRM
  • Certificate of Attendance
  • All resources and training materials
  • An on-demand recording will be available after the live presentation.

Human resources leader Bob Verchota will explain how to define compensation philosophy, policy, and procedures for your organization. You will learn how to help employees feel satisfied with their pay despite the inflationary pressures and job opportunities surrounding them.

What You'll Learn

  • What are employees’ and applicants’ expectations relating to inflation?
  • How does your culture link expectations, employee performance, and pay?
  • Why is transparency essential in today’s environment?
  • How can you answer the most vexing questions about performance and pay?
  • What effect should the market have on your compensation system?
  • How much independence should managers have in determining pay?
  • What is the role of Human Resources in compensation?
  • How can you use communication to support employee engagement?

Training Overview

Talk salary and inflation with your team and applicants now. Learn the best tactics for salary conversations.

Employees and job applicants are eager to talk about inflation and their need for higher compensation. Even if they do not raise the topic, you should broach this subject soon to ward off dissatisfaction and resignations.

Talking with people about money can be tense even when offering salary increases, and the post-pandemic situation makes these discussions even more challenging. When expectations are not met, there can be tension, conflict, and ill feelings.

You can shift your tactics to have more productive salary discussions that foster mutual understanding, preserved relationships, and a productive workforce. Applying proven approaches will enable you to address critical employee concerns and answer challenging questions.

  • What are employees’ and applicants’ expectations relating to inflation?
  • How does your culture link expectations, employee performance, and pay?
  • Why is transparency essential in today’s environment?
  • How can you answer the most vexing questions about performance and pay?
  • What effect should the market have on your compensation system?
  • How much independence should managers have in determining pay?
  • What is the role of Human Resources in compensation?
  • How can you use communication to support employee engagement?

Who Should Attend?

  • Human resources professionals

  • Business owners

  • Hiring managers

  • Finance professionals

  • Contract managers

  • Location managers

  • Division supervisors

  • Supervisors

  • Managers

 

Expert Presenter

Bob Verchota

  • Owner and senior consultant for RPVerchota & Associates, providing services to align businesses and employees through successful outcomes and excellent work environments
  • 30+ years in human resources senior leadership
  • 15 years in business operations
  • Taught undergraduate and graduate courses in leadership and organizational development
  • Lifetime Senior Professional in Human Resources
  • Undergraduate degree in business administration
  • Graduate degree in healthcare administration
  • Doctoral work (ABD) in organizational development

Credits

  • This program has been approved for 1.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 1.0 PDCs for the SHRM-CP or SHRM-SCP.

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