Pay Grades and Job Value

This webinar will explore why scrutinizing a reward system can cause differing opinions and confused definitions that even the most cursory of reviews muddies the waters to the point of failure. These differing definitions while seemingly a simple problem in theory often cause damaging confusion to the construction and certainly communication of even a carefully constructed system.

Why Should You Attend:

Leaders who can’t communicate the basic components of employees’ compensation packages can cause employees to understandably push back, and push back hard. Push back, even from employees who would be advantaged by an improved reward system.
Reviewing your reward system can be guaranteed to spark a little if not a lot of uncertainty. Employees are understandably apprehensive about any changes to pay, even positive ones, as they are very sensitive to changes. Even a system that does not satisfy employees will often appease them when faced with the possibility of a change. Fear of change causes most employees to think they’ll become somehow disadvantaged.
The course will show attendees how to construct a market based pay system to align rewarding your employees for accomplishment of your company’s goals.

Areas Covered in the Webinar:

Part 1: Basic Reward Systems
Types of reward systems
Determining what to reward
Misconceptions about rewards
The importance of determining your jobs’ comparative value – internal equity
The job market – making decisions for determining external equity
The part benefits play in a reward system
Monetizing work/life benefits
Part 2: Incentive Reward Systems
Performance pay
Incentive pay
Compliance considerations
The “uglies” involved in moving from a traditional 1980s pay system to a 2014 reward system
Anticipating problems
Communicating
Educating
Having difficult conversations
Dealing with a few inevitable hard truths
Part 3: Linking Your Reward System with Your Performance Management System
The key components of an effective performance management system
What you measure, notice or reward happens - writing business goals that link to your reward system
How to link performance appraisals with pay

Who Will Benefit:

HR generalists
HR directors
Compensation and/or benefits personnel
Small business owners

Instructor Profile:

Teri Morning, MBA, MS, SPHR, SPHR-CA, is the president of her own HR consulting firm and is a partner in a new investigatory software firm, HindsightHR. Ms. Morning has over 15 years’ of human resource and training experience in a variety of professional fields, including retail, distribution, finance, architectural, engineering, consulting, manufacturing (union), public sector and both profit and non-profit company structures.
She has consulted with employers on their problems and trained managers and employees for over 10 years, meeting and working with employees from all types of businesses. In addition to an MBA, she has a master's degree in human resource development with a specialization in conflict management. Ms. Morning was certified by the State of Indiana in mediation skills, is qualified as a Myers-Briggs practitioner, and is a member of SHRM, holding the dual certification of a SHRM Senior Professional in Human Resources (SHRM-CSP) and as a HRCI Certified, Senior Professional in Human Resources – California (SPHR-CA). She recently completed certifications in project management and IT management.

For Registration - http://www.complianceonline.com/pay-grades-and-job-value-webinar-training-704134-prdw?channel=worldconferencecalendar

Note: Use coupon code NB5SQH8N and get 10% off on registration, Valid till Dec 31st 2015.