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 C-suite 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.
Agenda
Faculty
Scott Sands
Simon, Kucher & Partners
- Senior Partner and Sales Effectiveness Practice leader for Simon-Kucher, a global sales and marketing consulting firm with 2,000 employees
- 30 years of consulting experience across multiple industries
- Consulted with hundreds of companies in technology, life sciences, financial services, manufacturing, distribution, and business services industries
- Has published and spoken at events on six continents
- M.B.A. degree, focus in marketing and organizational effectiveness, The University of Texas; B.E. degree in electrical engineering and mathematics, Vanderbilt University
- Can be contacted at [email protected] or 404-276-7876
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