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DTSTART:19700308T020000
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UID:2140535:Event:63226
DTSTAMP:20260511T101443Z
SUMMARY:Webinar On - Pay Strategy and Performance Management
DESCRIPTION:Employee pay is likely your organization's single largest 
 expense item, but do you know whether that money is being spent effect
 ively and efficiently, or do you fear that perhaps a portion is simply
  wasted?\n \nThis session will walk the listener through an understan
 ding of how an employee's pay moves (increases) within your reward sys
 tem; how it could move, and how it should move.\n \nPart of that move
 ment likely involves a pay-for-performance appraisal process.  Unders
 tanding that process and making it work for you is critical to properl
 y managing your reward systems - and your costs.\n \nEmployee pay is 
 not a static figure; it moves in relation to internal realities (i.e.,
  performance) and in at least partial acknowledgement  of a similarly
  moving external competitive marketplace. The trick is in understandin
 g how to move your employee pay in such a way as to reward desired per
 formance, motivate future performance and at the same time provide int
 ernally equitable and externally competitive pay levels.\n \nMost emp
 loyers consider the annual performance appraisal and merit increase pr
 ocesses as the go-to tactics for internal pay movement.  We'll discus
 s in depth and provide practical advice as to how best to establish an
 d administer such programs; and how best to avoid the money-pit traps 
 that have ensnared so many.\n \nBut there are other approaches an org
 anization can consider as well; we'll talk about each, along with the 
 pros and cons. Not every organization or family of jobs finds that one
  particular tactic is always a universal success.  So we'll talk abou
 t what tactics work where, how to use them, when to avoid them, and ho
 w best to get the most out of your employees and your payroll dollars.
 \n \nAreas Covered in the Session :\nThis session will explore the fo
 llowing topics:\n\nWhat's an in-grade pay strategy?\nThe practical val
 ue of performance management\nHow does an employee's pay move?\nOur fa
 vorite \"kicking boy\" - merit pay\nAre automatic increases a dinosaur
  tactic?\nCost of Living vs. Cost of Labor\nThe flaw in merit design\n
 The cost spiral of title inflation\nWhen merit pay is not enough\nWhat
 's wrong with performance appraisal?\nThe manager's perspective on per
 formance management\n\n \nWho Will Benefit:\nThis is a must attend we
 binar for all:\n\nCompensation Practitioners\nHR Generalists\nCompensa
 tion Department Managers\nHuman Resources Department\nLeaders in Start
 up companies\n\n\nFor more information visit https://medtechiq.ning.co
 m/events/webinar-on-pay-strategy-and-performance-management
DTSTART;TZID=America/New_York:20140307T120000
DTEND;TZID=America/New_York:20140307T130000
CATEGORIES:online, training
LOCATION:Online Webinar
WEBSITE:https://www.compliancetrainings.com
URL:https://www.compliancetrainings.com
CONTACT:4169154458
ORGANIZER;CN=compliancetrainings:https://medtechiq.ning.com/profile/co
 mpliancetrainings
ATTACH;FMTTYPE="image/jpeg":
ATTENDEE;ROLE=REQ-PARTICIPANT;PARTSTAT=ACCEPTED;RSVP=TRUE;CN=complianc
 etrainings:https://medtechiq.ning.com/profile/compliancetrainings
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