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Live Webinar

90-minute live streaming program
  • March 30
  • 1:00 - 2:30 pm EST

Also available as:

OnDemand Webinar
Audio & Reference Manual
MP3 Download

Compensation Design Tips to Attract and Motivate Employees

March 30

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 high-performing 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. We 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.

Learning Objectives

- You will be able to recognize how to attract and retain the talent you need achieve business success.

- You will be able to discuss how to align your employee value proposition to maximize employee motivation and engagement.

- You will be able to explain how to design a compensation plan that best fits your company.

- You will be able to identify internal and external influences.

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Why Lorman?

Over 30 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

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
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Why Lorman?

Over 30 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 Webinar

This course was last revised on March 30, 2017.

Call 1-866-352-9540 for further credit information.

Live Webinar Registration

  • CPP/FPC
     
  • Lorman Education Services is an approved provider through the American Payroll Association. This seminar is approved for 1.5 RCHs. PLEASE NOTE: To receive credit through the American Payroll Association for this program you MUST attend the program in its entirety and use the streaming option, as well as enable (and complete) the required progress checks.
     
  • HR Certification Institute 1.5
     
  • This program has been approved for 1.5 recertification credit hours toward general recertification through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
     
  • SHRM 1.5
     
  • 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 1.5 PDC(s) for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org
     
  • CPE 1.8 including Management Services 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www. learningmarket.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Management Services for 1.8 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Advisory Services for 1.5 hours.
     
  • Lorman Business Center, Inc. has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program. This program qualifies for 1.5 hours of continuing professional education.
     

Audio & Reference Manual

No credit available.

MP3 Download

No credit available.

Who should attend?

This live webinar is designed for human resource managers, benefits professionals, controllers, accountants, finance managers, presidents, vice presidents, payroll managers, business managers and office managers.

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Why Lorman?

Over 30 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

Sam Reeve, CCP, GRP

Sam Reeve, CCP, GRP

Performensation

  • Head of Consulting Services at Performensation
  • Core focus is leading companies through transformational change by optimizing talent initiatives with reward programs to achieve long-term strategic objectives
  • Diverse experience includes the design and optimization of performance driven variable compensation plans for executive, sales and core employee populations of growing companies
  • Prior to joining the Performensation, he has worked in compensation functions of notable firms such as BlackRock, McKesson and Automatic Data Processing (ADP)
  • Global certified compensation consultant (CCP, GRP) with over 15 years of experience in Total Reward Strategies
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Why Lorman?

Over 30 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.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
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  • MP3 Downloads
  • Course Manuals
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  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 400369
Published 2017
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