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Let's Talk Compensation

Learn to effectively and confidently communicate with employees about salary expectations and other aspects of compensation. Conversations with employees about salary can be challenging. They often cause tremendous anxiety and can be awkward and uncomfortable. Yet a critical part of a manager's job is to have discussions with employees about pay. This topic will provide supervisors and managers with guidance on discussions regarding compensation, direction on how to broach salary negotiations and effectively handle discussions with employees.


Runtime: 61 minutes
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Why Lorman?

Over 32 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

How to Negotiate Salary With Job Candidates

  • Key Components Regarding Salary Negotiations and Employee Compensation
  • Best Practices for Salary Negotiations With New Hires

Salary Negotiations With Existing Employees

  • Is This Any Different From New Hire Negotiations?
  • Managing Employee Expectations About Pay
  • Discussion on How to Make Employees Feel They Are Fairly Compensated
  • What to Tell the Employee Who Is Unhappy With Their Salary

The Role of Nonmonetary Compensation Packages in Your Company

Common Mistakes and How to Mitigate Them

Legal Considerations

  • Equal Pay
  • Pay Secrecy
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Why Lorman?

Over 32 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 May 29, 2018.

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

  • 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. For more information about certification or recertification, please visit www.shrmcertification.org.
     

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

Audio & Reference Manual

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

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More Program Information

Why Lorman?

Over 32 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

Penina Eichler

Penina Eichler

Organizational Solutions

  • Founder and president of Organizational Solutions, a human capital and employee benefits consultancy helping businesses implement programs that increase performance, efficiency and profitability
  • More than 25 years of experience in the HR field, including workforce planning, talent management, organizational development, change management, performance management and employee relations
  • Conducts leadership, team building and employee training programs designed to improve employee satisfaction and organizational performance
  • Held positions in large, midsize and small corporations including heading their HR departments
  • A licensed life, health and accident insurance broker, regularly conducts seminars on developments and trends in the health insurance industry and advises clients on benefit plan design
  • Sat on the corporate board of nonprofits including the American Heart Association and the NAMC
  • B.S. degree in business, management, and finance
  • Can be contacted at [email protected]
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Why Lorman?

Over 32 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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Product ID: 403636
Published 2018
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