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Pay-for-Performance Compensation: Strategies to Develop a Successful Program

Summary

Webinar Recording

Recording Price: $199.00

(Includes Proprietary Materials)

Pay-for-performance employee compensation programs give companies a significant competitive advantage when hiring and retaining top talent, but a mismanaged program can create a potential disaster. From employees getting frustrated with difficult to understand programs to financial mismanagement, developing an ineffective program can have serious ramifications. On the other hand, a well-designed program actually contains costs by linking employee compensation with meaningful financial metrics.

How can you develop or improve your pay-for-performance program and impact your company's success? Join us for this can't-miss, 60-minute webinar to discover:

  • Considerations for developing a pay-for-performance program
  • Risks of pay-for-performance programs: What are they & how to avoid them
  • Ensuring your program is working: Evaluation tools to measure success
  • What other companies are doing: Lessons from real-world programs

Program Highlights

  • Pay-for-Performance Strategies: How to Create an Effective Program

    • Approaches for handling salary increases from conservative to aggressive
    • Attract and motivate top performers: Programs that draw the best talent
    • Key differences between pay-for-performance & traditional compensation
  • Approaches to Pay-for-Performance: Find What Works for You

    • How to find what fits your goals in terms of pay-for-performance
    • Bonus, commission & incentive: The key differences to know
    • What pay-for-performance programs are most effective
  • Potential Risks in Pay for Performance & How to Avoid the Pitfalls

    • Clearly communicating policies to ensure employees understand their pay
    • Evaluation tools to measure the financial impact of your program
    • Finding the right balance in your pay-for-performance program
  • Live Q&A Session - Have your Pay-for-Performance questions answered by the expert!

About The Speaker

Mary A. Rizzuti, CCP, PHR, SHRM-CP is Principal and Chief Executive Officer for Compensation Resources.

  • In her role as CEO, she is responsible for executing the firm's vision and strategic plan, while continuing to develop relationships with the firm's wide range of privately-held, publicly-traded, and not-for-profit clients.
  • Ms. Rizzuti has extensive experience within the not-for-profit and private company sectors providing clients with comprehensive consulting in the areas of executive compensation, salary administration, sales compensation and performance management, and advises senior management and boards of directors on applying best practices and market data within their organizations.
  • She also provides customized compensation and human resources training to senior leadership and human resources professionals.
  • Ms. Rizzuti graduated magna cum laude with a Bachelor of Science in Management with a concentration in Human Resource management from Dominican College and is currently pursuing a Financial Management certification from Cornell University.
  • Ms. Rizzuti holds the Professional in Human Resources (PHR) certification and SHRM Certified Professional (SHRM-CP), and is a member of the Society of Human Resource Management (SHRM). She is also a member of WorldatWork and holds the Certified Compensation Professional (CCP) certification.

Program Benefits


Join us for this can't-miss, 60-minute webinar to discover the key elements of a successful pay-for-performance employee compensation program, including the types of payouts available and how to avoid potential risks so that you can build a compensation package that brings in the best talent.

Prerequisites

  • None

Delivery Method

  • Group Internet Based

NASBA Field Of Study

  • Accounting - Finance

Program Level

  • Basic Knowledge Required