Establish the most appropriate pay schedule for your business.
Recent labor shortages and the influx of Generation Z into the workforce have created challenges for organizations in how they pay their employees. In addition, rapid minimum wage and FLSA compliance changes have also created pressures on how centralized pay frequency programs are administered. This program will explore all of these issues and provide insights on how best to address these challenges while also providing practical examples of how organizations are responding.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Reasons to Consider Changing Pay Frequency
- Impact on Financial Planning
- Compliance With Changing Federal and State Laws
- Better Consistency in Addressing Employee Job Changes and Meeting the Needs of a Multi-Generational Workforce
Key Questions to Consider Before Making Pay Frequency Change
- When to Make Such a Conversion
- How Are Current Compensation and Paid Time off Plans Impacted?
- Who Will Be Responsible for the Conversion?
Developing a Communication Plan
- Clarity on What's Changing and Why
- Identify Who Needs to Know What
- Utilizing Communication Tools That Will Be Heard
Sample Program Conversion Project Plans and Communication Tools
- Actual Conversion Project Plan Including All the Steps to Be Followed
- Actual Communication Plan Used to Roll out the Conversion
- Actual Human Resource Policy to Support the Pay Frequency Change
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Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on October 19, 2023.
Call 1-866-352-9540 for further credit information.
- AIPB 1.0
- This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
SHRM 1.0
- Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.0 PDC(s) for the SHRM-CP or SHRM-SCP.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Michael F. Maciekowich
Astron Solutions, LLC
- National Director Astron Solutions LLC
- 45 years of compensation administration and consulting experience in both industry and consulting.
- Sought after speaker by state SHRM chapters and employer associations across the country.
- SHRM & WorldatWork Member. Received Lifetime Achievement Award in Compensation from WorldatWork
- Bachelor in political science & philosophy, Master’s in industrial Relations both from Loyola University of Chicago
- Can be contacted at [email protected] and 917-714-0317
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Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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