There are many details involved with ensuring pay equity and following leaves of absence regulations. Also, ensuring that employees feel valued and appreciated will enable you to recruit and retain top staff. This pathway’s training reveals the proven best practices for compensation, benefits, and rewards in your organization.
3 Sessions scheduled for 90 minutes including question and answer period.Tuesday, June 22 - Thursday, June 24, 2021; 3:00 PM Eastern
Human resources expert Teri Morning will reveal how you can make changes to compensation, benefits, and working conditions to attract and retain entry- and mid-level employees. You will learn how to create a new value strategy.
Scheduled for 60 minutes including question and answer period.Thursday, June 10, 2021; 3:00 PM Eastern
We will help you sort through your compensation questions and outline how to develop a program that rewards successful outcomes. You will learn how to adapt your compensation plan to attract capable candidates and retain productive employees.
What You'll Learn
What is the philosophy of your compensation system?
How can you link compensation to performance management?
How can you define market-competitive pay?
What is the definition of total compensation?
What variable pay options can you use?
How should you assess and audit your current system?
What roles should managers, employees, and HR play?
Scheduled for 60 minutes including question and answer period.Tuesday, June 8, 2021; 3:00 PM Eastern
We will simplify the complexity of benefits and compensation. From an operational view, you will learn what benefits can deliver and how you can structure total compensation to maximize the use of resources and delight employees.
What You'll Learn
What are the components of total compensation?
What benefit structures are most attractive?
How can you use pay-for-performance?
What is the role of Human Resources in design, audit, and delivery?
What are the roles of managers and supervisors in communication?
How can you evaluate and improve the current state?
Human resources expert John Rubino will share a pragmatic and proven eight-step approach for successfully designing, implementing, and communicating a variable pay program in your organization.
What You'll Learn
Why are many organizations moving to variable pay programs?
How can you align goal accomplishments with rewards?
What eight steps can you take to design and implement variable pay?
Benefits expert Dennis Hartin will provide detailed updates of the latest benefits-related regulations and indicate what you can expect for the future. You will learn how to update benefits policies, practices, and communications in your organization.
HR veteran and consultant Sean Canney will share specific steps to develop a pay progression matrix for your organization. You will learn valuable details to apply to your process, calculations, and communication.
What You'll Learn
How does a pay progression matrix work?
How can you use a pay progression matrix for budgeting?
How can you eliminate favoritism and subjectivity from compensation decisions?
What are the primary components of a sound compensation plan?
How will your organization benefit from a market-competitive compensation plan?
What are the best techniques for communicating about compensation?
Human resources expert Teri Morning will unscramble the alphabet soup of laws to distill the programs and requirements relevant to your organization. You will learn how to take advantage of tax credits while helping employees who need to take leave.
Reasons to Review the FFCRA
Ensure you get compensated accurately for all employees that were eligible for FFCRA leave in 2019.
Understand the recordkeeping requirements for leave and reimbursement.
Determine if your organization is eligible for tax credits available for leave modeled on FFCRA.
Discover the edits made by the American Rescue Protection Act (ARPA) and update your policies and procedures accordingly.
Human resources expert Wendy Sellers will explain why employees take FFCRA paid leave. You will learn how the ARPA has changed the process and requirements.
What You'll Learn
What are the top five reasons employees can get FFCRA paid leave?
How should you respond to each type of request?
Are you required to continue offering FFCRA paid leave?
How has the ARPA changed employer requirements?
What steps must you take to be eligible for tax credits?
Scheduled for 60 minutes including question and answer period.Rescheduled for Friday, June 11, 2021; 1:30 PM Eastern
Human resources expert John Rubino will outline scenarios to distribute merit increases to your employees. He will present a step-by-step methodology for creating a merit-based salary increase matrix from scratch. You will learn how to adapt this approach to your organization.
What You'll Learn
How should you articulate a compensation strategy and philosophy?
What is the core principle for developing an effective merit pay program?
What factors affect the success of merit pay programs?
How can you effectively work within a traditional pay range structure?
What steps should you take to create a merit-based salary increase matrix?
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.
What You'll Learn
How does your culture link expectations, employee performance, and pay?
How should you address transparency 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?
Human resources leader Bob Verchota will explain the current compensation landscape. You will learn how to create fair and competitive pay structures throughout your organization.
What You'll Learn
How can you assess internal and external equity?
How should you define the market for each job?
What role should surveys, data, and benchmarking play?
How can you use grades and ranges to define compensation plans?
What criteria enable you to rank positions and assign grades?
