Webcast:
Spending on broad-based variable pay programs is increasing. More companies are introducing incentive programs every year. Companies with existing programs are extending eligibility to increasing numbers of employees.
The average large company spent more than $70 million on broad-based (i.e., non-executive, non-sales) incentives last year.
Presenters
Heiko is a senior consultant with Hewitt's Talent and Organization Consulting line of business. His focus is providing solutions for organizations to attract, motivate, and retain their employees. Heiko consults in areas such as talent management, organizational development, and post-merger integrations. He also consults on the measurement, design, and implementation of compensation systems. Heiko has specific technical expertise in linking rewards to business strategy and motivating people to perform through effective incentive program design. He is one of the Firm's designated resources for short-term variable compensation strategic design, measurement, and implementation issues. He has broad experiences in measurement, statistical, and financial modeling. Heiko's clients include: AARP; Abbott Laboratories; Accenture Ltd.; Associated Banc-Corp; Burger King Corporation; Caremark Rx, Inc.; Chicago Symphony Orchestra; Degussa Corporation; Discover Financial Services, Inc.; Eaton Corporation; Heartland Health; McDermott, Will & Emery LLP; Mittal Steel USA; Nestlé Purina PetCare Company; OfficeMax, Inc.; SUPERVALU INC.; Toyota Canada Inc.; Wachovia Corporation; and Walgreen Co. Heiko has a Masters-equivalent degree in Psychology from the University of Hamburg, Germany and is currently completing his Ph.D. in Industrial and Organizational Psychology at Illinois Institute of Technology. He is a member of the Society for Industrial and Organizational Psychology (SIOP) and Chicago Industrial/Organizational Psychologists (CIOP).
