Live Webinar

65-minute live streaming program
  • April 11
  • 1:00 - 2:05 pm EST

Also available as:

OnDemand Course

Total Compensation Statements as a Tool to Communicate Total Value

April 11

Learn how total compensation statements can help you communicate the true value of your company’s compensation and benefits packages to employees.

Many human resources and compensation professionals design compensation plans and struggle with communicating the total rewards clearly and concisely across all levels of an organization. This presentation will help professionals understand the importance of total compensation statements as well as how to communicate them throughout an organization. Additionally, professionals will gain insight into market trends and prevalence, and different options in both the design and communication of total rewards programs.

Learning Objectives

  • You will be able to describe a total rewards statement or tally sheet.
  • You will be able to discuss different options when designing a total rewards program.
  • You will be able to explain the difference between direct compensation, benefits, and perks.
  • You will be able to recognize different total rewards communication techniques in the marketplace.

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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

Introduction and Total Rewards Overview
  • Direct Compensation
  • Traditional Benefits
  • Non-Monetary Benefits
Compensation Considerations
  • Direct Compensation Considerations (Pay Mix etc.)
  • Communication of Total Rewards
  • Total Rewards Statement / Tally Sheets
Low-Cost Solutions
  • Benefit Overview
  • Intangible Benefits
  • Training / Performance Development and Fringe Benefits
High-Cost Solutions
  • Monetary Benefits and Importance of Education
  • Health / Welfare and 401K
  • Prevalence and Data
Conclusion
  • Total Rewards Important in the Marketplace
  • Trends and Future Outlook
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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.

Credits

Live Webinar Registration

  • AIPB 1.0
     
  • This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • ASA 1.0
     
  • This program qualifies for 1.0 continuing education hour(s) towards maintaining your ASA credential. Please contact ASA for more information at [email protected]. Please retain proof of attendance in the event your CE record is audited.
     
  • HR Certification Institute 1.0
     
  • This program has been approved for 1.0 (General) recertification credit hours toward aPHR(TM), aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM) and SPHRi(TM)recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
     
  • 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.
     
  • CPE 1.2 including Personnel/HR 1.2
     
  • 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.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: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Personnel/HR for 1.2 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 March 18, 2019.

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 human resource managers, benefits professionals, payroll administrators, business owners and managers, and personnel managers.

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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.

Faculty

Corey Davidson

Corey Davidson

Alvarez & Marsal

  • Senior Associate at Alvarez & Marsal
  • Practice emphasizes 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
  • B.S. degree in Economics, University of Maryland
  • Can be contacted at [email protected]
Ryan Wells

Ryan Wells

Alvarez & Marsal

  • Senior Director in the compensation and benefits practice at Alvarez & Marsal Tax
  • Practice emphasizes all aspects of executive compensation and employee benefits
  • Helps companies tackle how to effectively and efficiently pay, incentivize, and retain their employees
  • Works with companies to design and benchmark annual bonus and long-term incentive compensation programs, all while considering the applicable tax, accounting, and other regulatory ramifications
  • Focuses on mergers and acquisitions (including golden parachute rules and due diligence of compensation arrangements), initial public offerings, and bankruptcy compensation
  • Author and key contributor to several publications related to executive compensation
  • Certified Public Accountant (CPA) licensed in Texas
  • M.A. degree in professional accounting, The University of Texas at Austin; B.B.A. in accounting, The University of Texas at Austin
  • Can be contacted at [email protected] or 940-704-6250
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Add to Wishlist

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.

All of your training, right here at Lorman

All of your training, right here at Lorman.

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

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Product ID: 411140
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