Webcast:
As businesses strive to become increasingly dynamic in today’s market, collaboration and innovation are both critical components to gaining a competitive edge. Once a company has decided upon its business strategy, it is easy to become mired in the process of developing a compensation philosophy to match. The Finance team can be HR's most important ally in speeding up this process. Effective collaboration with Finance to gather feedback from the business can enable HR to map out a compensation strategy aligned with the business' goals. We will discuss how HR and finance teams have partnered successfully to develop a yearly compensation plan.
Key Takeaways Include:
- How to get started while avoiding “analysis paralysis”
- Which strategies are relevant to which stage of business cycle
- What elements are essential to a great compensation philosophy
- What HR data and analysis is critical in presenting a proposal to Finance
Schedule
Recasts:
Wednesday, May 23 2012 12:00pm EDT
Thursday, May 24 2012 4:00pm EDT
Thursday, May 24 2012 8:00pm EDT
Friday, May 25 2012 12:00am EDT
Friday, May 25 2012 4:00am EDT
Friday, May 25 2012 8:00am EDT
Webcast on Demand
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Presenters
Mark has over 30 years experience as a compensation practitioner, including roles in compensation, benefits and HR systems leadership. He has extensive experience in the design, development, implementation and ongoing administration of compensation systems and programs including base pay, variable compensation, sales and executive compensation. In his role at Kenexa Mark drives research on trends in compensation practice and spends most of his time meeting with customers and other compensation professionals to understand the challenges that HR professionals face in today’s market. He tours the country speaking on compensation and HR-related topics, and in addition to his role at Kenexa he is a recipient of WorldatWork’s Lifetime Achievement Award and a member of the WorldatWork faculty.
Like the thinking of this as a total comp strategy vs. merely strategy
I don't know what our finance/budget and forecasts.