The Foundation of Company-Wide Pay Conversations
Webinar Details $219
- Rated:
- Webinar Length: 90 Minutes
- Guest Speaker: Wendy Sellers
- Topic: Human Resources, Compensation and Benefits
- Credit: HRCI 1.5, SHRM 1.5, ATAHR 1.5
-
This transformative online webinar tailored for managers, HR professionals, operations professionals, and business owners. In today's business environment, discussing salaries is more than a transaction; it's an emotionally charged conversation that can significantly impact employee morale and retention. With most employees relating their self-worth to their compensation, it becomes imperative for those in leadership roles to navigate these discussions with tact and understanding. This webinar is designed to equip you with the necessary skills and insights to handle these delicate conversations, ensuring a positive outcome for both the employee and the organization.
What To Expect:
1. The Foundation of Company-Wide Pay Conversations:
- Learn about the importance of initiating company-wide discussions on compensation.
- Understand how these conversations set the stage for successful individual pay discussions.
- Explore strategies to foster transparency and trust within the organization regarding compensation.
2. Navigating Various Pay Structures:
- Discover the differences between public and hidden pay structures.
- Analyze the advantages and challenges of each approach.
- Gain insights into selecting the most suitable pay structure for your organization.
3. Balancing Satisfaction and Dissatisfaction in Compensation:
- Explore the paradox of how compensation can both satisfy and dissatisfy employees.
- Learn strategies to manage and mitigate dissatisfaction related to pay.
- Gain insights into fostering a positive perception of the company’s compensation policies.
4. Preparing Managers for Tough Questions:
- Equip yourself with answers to challenging questions about disparities in raises, equal pay for equal work, and bonus structures.
- Understand how to address sensitive issues like salary reductions and pay differences.
- Understand how to balance empathy with professionalism in these sensitive conversations.
- Learn how to maintain morale and fairness in complex compensation scenarios.
Why You Should Attend?
This webinar is not just another training session; it's a crucial step towards empowering you and your organization in mastering one of the most sensitive aspects of management - compensation conversations. By attending, you'll gain a profound understanding of how to align pay discussions with your company's values and objectives, ensuring that your best employees remain engaged and motivated. Whether you're a seasoned HR professional or a business owner taking on HR responsibilities, this webinar will provide you with the tools and confidence needed to handle compensation conversations with finesse, leading to improved morale, productivity, and retention in your organization.
