Webcast:
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.
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Presenters
Ravin Jesuthasan is the global practice leader of Towers Perrin's Rewards and Performance Management Practice. He is a Managing Principal of the firm and is based in the Chicago office. Mr. Jesuthasan has extensive experience in the design and implementation of workforce and HR systems that are aligned with an organization's strategic drivers and the creation of shareholder value. Mr. Jesuthasan has authored numerous articles and lead several global research efforts on the topics of labor cost management, performance management, rewards and talent management. As a recognized thought leader, Mr. Jesuthasan has been a featured speaker on these subjects at conferences in North America, Europe and Asia. He has also been featured and quoted extensively by leading business media including CNN, The Wall Street Journal, BusinessWeek, Newsweek, CNBC, Fortune, Human Capital (China), Les Echoes (France) and Business Times (Malaysia) among others. Mr. Jesuthasan was recognized as one of the top 25 most influential consultants by Consulting Magazine.
Susan Haslett is a principal in the firm and co-leads Towers Perrin's Global Rewards & Performance Management practice. Her particular area of focus is the development of reward strategies and programs in support of organizational change. She has worked with a number of clients in developing total reward strategies, and in designing and implementing reward programs, in light of mergers/acquisitions, organization leadership changes, and business strategy change. Recent assignments have included work in the areas of business literacy/incentive implementation, linking pay/performance management to business strategy, global pay program development and compensation outsourcing.Prior to joining Towers Perrin, Ms. Haslett had over 15 years of experience in corporate compensation and human resource management. Most recently, she was Director, Performance and Rewards Management for Pepsi-Cola, where she led a team that designed and implemented: (1) new performance management systems for both salaried and front line employees, (2) competency-based pay, (3) broadbanding, (4) new sales compensation, and (5) team incentives - all to reinforce Pepsi's move to become a customer-focused organization.She received a Bachelor of Business Administration in Management from Texas Christian University.