Live Webinar

100-minute live streaming program
  • June 24
  • 1:00 - 2:40 pm EST

Also available as:

OnDemand Course

How Benchmarking Can Give You A Competitive Edge

June 24

Learn how effective compensation benchmarking can help your company attract and retain top talent, giving you a competitive edge in today’s market.

Many companies struggle with issues attracting and retaining top talent to ensure they remain competitive in the marketplace. A reason for this is that they are not benchmarking compensation, or they may be benchmarking incorrectly. This presentation will help companies learn the how and why of benchmarking compensation. Additionally, companies will learn how these processes and analyses can give them a competitive advantage to stay ahead of the competition.

Learning Objectives

  • You will be able to explain why compensation benchmarking can give your organization a competitive edge.
  • You will be able to identify best practice in compensation benchmarking.
  • You will be able to recognize trends in the competitive market.
  • You will be able to describe the process of compensation benchmarking.

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Why Lorman?

Over 38 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

Introduction and Compensation Benchmarking Overview
  • Defining Benchmarking
  • Why Benchmarking Matters
  • Executive vs. Broad-Based Benchmarking
Executive Benchmarking
  • Executive Compensation Philosophy and Strategy
  • Creating Peer Groups and Data Overview
  • Elements of Executive Benchmarking
Broad-Based Benchmarking
  • Market Pricing Based on Role
  • Data Sources and Survey Benchmarking
  • Salary Structures and Range
Implementing Benchmarking
  • Internal Alignment
  • Communicating Strategy
  • Technology for Efficient Benchmarking
Conclusion
  • Compliance and Risk Management
  • Market Change and Competition for Talent
  • Future Outlook
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Why Lorman?

Over 38 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

Live Webinar Registration

  • AIPB 2.0
     
  • This program is acceptable for 2.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • CPE 2.0 including Management Services 2
     
  • Noggin Guru, Inc. dba Lorman Education Services and BankersHub 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.nasbaregistry.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: 2.0 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 2.0 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.
     

OnDemand Course

This course was last revised on November 25, 2014.

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

No Credit Available

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for accountants, CFOs, controllers, tax managers, presidents, vice presidents, executive directors, accounts payable, purchasing professionals, and bookkeepers.

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Why Lorman?

Over 38 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

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Rishabh Bapna

Alvarez & Marsal

  • Manager in the New York office of Alvarez & Marsal
  • Assists with the review, design, benchmarking, and implementation of both non-equity and equity-based compensation programs, performing market analyses to align compensation with a company’s business strategies and evaluating the tax and accounting ramifications of compensation
  • Contributor to the Alvarez & Marsal’s annual Energy Compensation Report
  • Certified Executive Compensation Professional (CECP) through the World at Work organiza-tion
  • Bachelor’s degree in business economics, finance, magna cum laude, The University of Tex-as at Austin
  • Can be contacted at [email protected] or 332-259-1832
Corey Davidson

Corey Davidson

Alvarez & Marsal

  • Senior Associate
  • The review, design, benchmarking, and implementation of both non-equity and equity-based compensation programs, including market analyses to align compensation with a company’s business strategies, and evaluating the tax and accounting ramifications of compensation.
  • Author of How Serial Acquirers Reward and Incentive Corporate Development Teams
  • Certified Executive Compensation Professional through WorldatWork organization
  • Bachelor’s degree in economics from the University of Maryland
  • Can be contacted at [email protected]
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Add to Wishlist

More Program Information

Why Lorman?

Over 38 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

All of your training, right here at Lorman.

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

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

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

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

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Product ID: 411839
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