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Rewards and Incentives

An HCI Learning Track

Next Webcast

Doing More with Less? Motivate Your Talent with Self-funding Incentives

Gordon Green, Executive VP, Recognition & Reward Strategy, Rideau Recognition Solutions

In a challenged economy, companies are looking for ways to reduce spending and increase efficiency. Often when companies cut back on budgets, they risk negatively impacting talent motivation. How can talent be incented to create cost savings? Do companies offer a percentage of savings that are within the control of their talent? How can talent be incented to create and actualize revenue-generating initiatives? Funding incentives from the resulting efficiencies can engage your talent and your finance department. more »

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Webcasts on Demand

Can You Afford Pay for Performance?

Webcast: October 8, 2009

If you are successful with pay for performance everyone achieves or exceeds their goals and rewards are self-funded from business revenue. Making this reward system work requires peeling through a few layers of the onion-while avoiding stakeholder tears. Goal setting needs to reflect the right organizational priorities and individual talent passions. Calibrating performance requires consistent ratings to minimize bias. And both your CHRO and CFO want a system that strikes the right balance of achieving desired performance with competitive compensation that supports the bottom line. This webcast covers the successful transformation in a government agency from a longevity-based pay system to a pay-for-performance system. You'll learn why you cannot afford not to shift to pay for performance. If you have responsibility for achieving performance in your company, this webcast is for you! more »

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Doing More with Less? Motivate Your Talent with Self-funding Incentives

Webcast: January 22, 2009

In a challenged economy, companies are looking for ways to reduce spending and increase efficiency. Often when companies cut back on budgets, they risk negatively impacting talent motivation. How can talent be incented to create cost savings? Do companies offer a percentage of savings that are within the control of their talent? How can talent be incented to create and actualize revenue-generating initiatives? Funding incentives from the resulting efficiencies can engage your talent and your finance department. This webcast will feature motivating ways for talent and your company to do more with less for competitive advantage. more »

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Rewards & Incentives Live Interview

Webcast: December 15, 2008

Lively interview with Paula Godar, Director Brand Strategy, Maritz

We'll discuss:

  • Placement of Rewards & Incentives in a total rewards strategy
  • Potential pitfalls in Rewards programs
  • Segmenting rewards & recognition to align with talent motivation
  •  more »

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    Webcast

    You Get What You Pay For: Are You Getting the Right Performance?

    Webcast: December 3, 2008

    When you define desired performance and potential pay opportunities, is your approach counter-productive? Narrowly defining performance and pay opportunities may limit motivation or at worst affect ethics. Is your definition of performance short-sighted or measurable in the long-term? Should your talent establish part of all of their own pay based on performance they are committed to achieve? If people understand and believe they can be successful in a pay program then they are likely to be more productive and engaged in the success of the organization. This webcast will address approaches that rock traditional compensation notions to achieve talent-driven (pay and) performance. more »

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    Money Can't Buy Love...but Reward and Recognition Can

    Webcast: November 13, 2008

    As your talent takes on balancing work-life demands, the meaning of the words "reward" and "incentive" take on more dimensions. Flexibility, learning, networking opportunities, tangible rewards and recognition lift morale, improve productivity and increase retention...and isn't that what rewards and incentives were designed to do? When rewards and incentives become part of your culture and brand, your organization can fully leverage these tools for optimal talent management. Learn how organizations are re-thinking both the concept and practice of reward and recognition to connect your talent with your goals and strategies. more »

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    Catch Me if You Can: Health Care Competes by Paying for Performance

    Webcast: September 25, 2008

    The 100 Best-Performing Hospitals listed in a recent US News and World Report compete for critical talent by paying for scarce skills. How do the best in clinical outcomes hold onto a "great catch" among critical talent who are close to the core of health care delivery and essential to creating high-performance organizations? This webcast will cover highlights from a new study conducted by Jay Schuster and Pat Zingheim on what the top U.S. hospitals do to retain, pay and reward the best scarce talent. Learn how to catch up with the best-performing hospitals in retaining RN's, physicians, medical technologists, respiratory therapists, physical therapists and research scientists. Find out how the most successful health care providers keep skills fresh and relate pay practices to the value added to patient outcomes and clinical metrics. more »

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    Boost Rewards and Curb Costs: It's not Magic, it's the Science of Talent Management

    Webcast: August 13, 2008

    As organizations tighten their budgets in a softened economy, there is a way to do more with less by rewarding the right talent at the right time for the right reasons. An approach called Total Compensation Management aligns talent performance with business goals and increases job satisfaction and talent retention. Hear how best-in-class companies identified by the Aberdeen Group implemented and effectively managed compensation to align with talent values and motivations. These companies' results of improved revenue per employee and improved labor costs as a percentage of sales are not magic, they can be yours too through the science of talent management.

    Don't miss these webcast take aways:

  • Strategic uses of compensation to balance motivation and productivity
  • Pressures, actions, capabilities and enablers for effective compensation management
  • Build compensation management on a compatible culture
  • Integrate compensation management with other human capital applications
  • Examples from Harbor Group Management Company
  •  more »

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    Pay It Forward for Results: The ROI of Skill-based Pay

    Webcast: June 26, 2008

    Today's talent wants development opportunities; skill-based pay systems provide developmental opportunities that meet the needs of the business. When rewards follow demonstrated compensable skills, not merely jobs, talent is motivated to re-certify competencies and develop new skills, allowing for rotations throughout a department and developmental opportunities in other parts of the company. The organization benefits from flexible staffing levels, re-deployed talent where it's needed, and higher productivity. These desired results come from "paying it forward" addressing both the upside and challenges of a high involvement workforce motivated by skill-based pay.

    Don't miss these webcast take aways:

  • The ROI of connecting skills and rewards
  • New types of pay for skills
  • Conditions for sustained success
  • Primary causes of plan failure
  • How to price plans to market
  • Keep it fresh: Redesign for changing business conditions
  •  more »

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    Tomorrow's Personalized Rewards & Incentives

    Webcast: May 13, 2008

    Incentives and rewards for performance - for your executives, sales professionals, and the entire organization - can (or should) be one of your organization's top initiatives because they form a direct link between the key success factors of the company and positive outcomes (rewards) for talent. With businesses becoming more globalized, interdependent and information enriched, and downward pressures on the economy, competition is become even more intense. Quality, responsiveness and costs remain critical strategic determinants of market success. Do your reward systems work to their full potential? Does your strategy include mass customization of rewards and incentives? Whether you're in HR, line management or a senior leader, this webcast will help you leverage the full power of tomorrow's incentives and non-cash compensation for leading edge talent management.

    Don't miss these webcast take aways:

  • Forces that are reshaping today's businesses and how they affect rewards strategy
  • Assess the effectiveness of your critical "reward-for-performance" systems
  • Information on what innovative companies are doing
  • A framework for developing your rewards strategy and plans
  •  more »

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    A Sure Bet: Return on Compensation Investment in Talent

    Webcast: April 29, 2008

    In uncertain economic times senior leaders are asking how to get the most out of their greatest investment in talent - compensation, and how to use pay as a tool to manage the business. "The risk of earning a competitive wage is now increasingly on the employee's shoulders," said Ravin Jesuthasan, a managing principal and practice leader at Towers Perrin. Merit increases, bonuses, equity grants, or even contributions to benefit plans are expected to become more intertwined with performance, as an individual or as part of a unit. A way to deliver rewards without a long-term commitment creates an incentive along with uncertainty. Strong performers will likely embrace the risk associated with the opportunity to earn more. What about the rest? This webcast will cover the opportunities and challenges in transferring risk and reward for performance to individual contributors, managers and teams.

    Don't miss these webcast take aways:

  • How pay for performance adds fuel to your engine for talent
  • Acquisition, engagement and retention, while reducing company costs
  • Motivate talent with effective communications on pay for performance opportunity and risk
  • Prepare managers to have meaningful performance discussions
  • Create a clear line of sight between individuals' performance and company results
  • Case study examples from organizations that use pay for performance as a management tool
  •  more »

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