Join Terri Joosten, Global VP, and Denise Bisland, Compensation Consultant, in discussing how to prepare a compensation strategy and how to leverage compensation technology to prepare you for a more effective compensation plan.
In this webcast they address compensation planning at a high level, taking it from a strategic perspective then breaking it down a more tactical or pragmatic perspective.
Key components of a compensation strategy
- Pay Philosophy – Organization goals and objectives
- Pay Strategy – What do you want to reward, what is competitive?
- Pay Structure – Guidelines for pay ranges, market value, internal equity
- Pay Administration – Annual reviews, promotions, job changes, adjustments
- Pay Communication – Managers tools, key messages, employee information
Learn how your compensation strategy ties into your total rewards program and see who the key stakeholders are and their interest in the compensation plan.
About the presenters
Global VP, HR Strategies Consulting
Terri Joosten has been an HR evangelist for more than 20 years. Terri now drives business results and enables companies to increase performance and engagement while driving sales results through effective utilization of their most valuable assets, their people. Previously Terri spent 7 years reviewing HR Technology and interviewing Senior HR executives on best practices in HR at HR.com. She owned her own IT recruiting company and has been a leader in understanding and positioning HR technology for the last 7 years.
Compensation Consultant, HR Strategies Consulting
Denise is a senior level Consultant with a strategic focus on Talent Management and Human Resources Development. As a Consultant and Executive Coach, she supports both organizations and individuals she works with to achieve business and professional strategies and goals through an adaptive coaching and advisory approach founded on trust, empathy, and commitment.
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