IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Compensation Design Tips to Attract and Motivate Employees (OnDemand Webinar)

$149.00

SKU: 411237EAU

Description

Learn trends in compensation design and nuances that make a plan more strategically and financially aligned.Top talent is becoming harder and harder to identify, hire, motivate, and retain in the current economy. Many Csuite executives state that this is one of the primary obstacles or risks to the achievement of a company’s business plan for the year. Compensation has long been used as a tool to create a differentiated employee value proposition that attracts, motivates, and retains the necessary talent. However, many organizations’ compensation programs have wandered away from competitive practices or been outshined by innovative approaches in hot markets. This presentation will help the persons responsible for the assessment and design of their company’s compensation programs to better understand how to ensure competitiveness, create more powerful programs, and implement compensation plans that are truly engaging. We will discuss trends in compensation design and nuances that make a plan more strategically and financially aligned, but also powerful tools in talent management. In addition, the finer points of plan administration that help support employee engagement will be covered.

Date: 2024-02-28 Start Time: End Time:

Learning Objectives

Total Rewards Overview and Philosophy
• Employment and Market Brand
• Work Content
• Career Development
• Benefits (Indirect Financial Rewards)
• Cash and Equity (Direct Financial Rewards)

Competitiveness Benchmarking
• Survey Selection
• Role Matching
• Total Direct Compensation
• Target Total Cash
• Pay Mix

Eligibility
• Level and Structure
• Control Over Business Results
• Culture and Inclusive Alignment

Metrics and Formula Design
• Alignment to Growth and Profitability
• Alignment to Corporate and Individual Performance
• Common Formula Pros and Cons

Communications and Assessment
• Before Hire and After Hire
• Beginning of Year, Mid-Year, and End of Year
• Actual Payout Relative to Corporate, Individual Performance

ASA ,HR Certification Institute ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Scott Sands-Simon, Kucher & Partners

IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Compensation Design Tips to Attract and Motivate Employees (OnDemand Webinar)

$209.00

SKU: 405517EAU

Description

Get a roadmap for designing pay plans that both align with your company’s mission and get results.Is it difficult to find and keep highperforming talent? Pay is a necessary element in the work environment but many companies fail to design compensation plans that attract and motivate employees. The end result is that companies often overpay for the amount of employee satisfaction and performance that is delivered. Learn the critical factors that are necessary to obtain the high performing employees to drive business success. This topic will show you how to align your company’s employee value proposition with your pay strategy to maximize worker engagement in their role. Learn how to craft the cutting edge pay program that your company needs to better compete in the marketplace.

Date: 2019-05-07 Start Time: End Time:

Learning Objectives

Understanding the Role of Pay in the Design Process
• Alignment With Company Goals and Pay Philosophy
• Fixed Pay Objectives
• Short-Term Incentive Goals
• Long-Term Incentive Goals

Attracting and Motivating the Workforce
• The Employee Value Proposition
• Intrinsic and Extrinsic Motivation

Pay Design That Fits Your Company
• Diagnosis of Internal and External Influences
• Talent Strategy and Infrastructure
• Talent Demographics and Culture
• Pay Program Gap Analysis
• Geographic and Cultural Practices
• Pay Design Factors
• Assigning Meaningful Metrics
• Plan Modeling and Planning for Transition

No Credit Available

Sam Reeve, CCP, GRP-CompTeam, LLC