SIGN UP NOW!
It's FREE!

Create a Profile and Start Networking with HR Professionals
Register Now - It's Free Registration info
 
Member Content
Blogs | Questions | Files | Events | HR Groups | Members


  • Upcoming Events
  • Past Events
  • Public Events

More Virtual Conferences

Upcoming Conference
24 April - 25 April 2014

Rewards and Recognition

Upcoming Conference
29 April - 30 April 2014

Quality of Hire

Upcoming Conference
5 May - 6 May 2014

Performance Management

My Events
View and edit your current events.
Add Event

Click the "add event" button to create a listing for your event

Advertise Here

Retention of Top Performers with Flexible Compensation Programs

Topic:
Retention of Top Performers with Flexible Compensation Programs
Date:
December 4, 2012 at 3:30 - 4:30 PM ET
Presenters:
Blair Johanson, Principal(DBSquared LLC)
webcastImgVirtual
Description
Now that the economy is slowly recovering for most businesses and has fully recovered for a handful of businesses where the upturns are exponential, company executives and HR managers are focused on retention of current top performers and employees with long-term potential.

This presentation will
1) define top performers,
2) identify some of the risks of losing top performers,
3) offer reasons why top performers are looking for other job opportunities and the fatal compensation mistakes made by organizations,
4) identify and present effective retention strategies and
5) provide high level national compensation trends as it pertains to the retention of top performers.

The retention strategies will include New Reward Plans, Merit Pay Plans, Variable Pay Plans, Incentives, Viral Pay Plan, Communication Strategies, Talent Management and Bonus Programs.

Insights from compensation professionals, consultants, and company HR executives have been gathered for this retention of top performers' presentation. This presention will include characteristics for top performers and why they are considered key talent and measureable impact players for organizations; How organizations are affected by the loss of top performers, the major concerns for top performers and why they are looking for other employment or leaving their current employers.

In addition, this presentation will provide information from a study by Dr. Dow Scott, Tom McMullen and Mark Royal on How to Treat Top Performers and common compensation mistakes from an article written by Stacey Carroll with PayScale.

Retention compensation strategies will be outlined from an article written by Richard Sperling and Neil Lappley. Two case studies will be reviewed where existing organizations needed to formal or revamp their compensation programs to retain top performers. This presentation will be finalized with a presentation of various compensation options to recognize and reward top performing employees.
Who Should Participate
Human Resource Professional and Compensation Professionals
What You Will Learn
  1. Definition and characteristics of top performers
  2. Risk of losing top performers and why they're looking for other employment opportunities
  3. Key retention strategies
  4. Case study reviews on the development of or renewing of existing compensation programs
  5. Flexible compensation programs for retention of top performers
Recommended Resources
WorldatWork Workspan articles by Dr. Dow Scott, Tom McMullen, Dr. Mark Royal, Stacey Carroll with PayScale and Richard Sperling and Neil Lappley
Communities
Compensation
Compensation Trends
Compensation Planning and Management
Pay for Performance Planning and Management
Presented by
spacer
speaker spacer
Blair Johanson
DBSquared LLC

View Profile
spacer
Event Sponsors
DBSquared LLC
DBSquared™ combines proven technology and seasoned expertise to help bring your total compensation management into perspective.
File List
Feedback
Name Comment Rating
4 / 5
Very Good Presentation
5 / 5
Excellent Presentation
Image of Tameka Cogdell Tameka Cogdell
Didlake, Inc
3 / 5
Good Presentation
Image of Tina Byrd Williams Tina Byrd Williams
DS Waters Of America Inc. (Corporate Office)
3 / 5
Good Presentation
Image of Donald Sabathier Donald Sabathier
Sabathier & Associates
5 / 5
Excellent Presentation
Image of Aneta Booth Aneta Booth
Tech Data Corporation
3 / 5
Good Presentation
Image of Jay Liwanag Jay Liwanag
Noblis, Inc.
3 / 5
Good Presentation
Image of Yvonne Duerr Yvonne Duerr
Air Methods Corporation
4 / 5
Very Good Presentation
Image of Joy Oden Joy Oden
Emdeon Business Services Formerly Webmd
3 / 5
Good Presentation
Image of Jane Gallant Jane Gallant
Birch, Stewart, Kolasch & Birch, LLP
5 / 5
Excellent Presentation
5 / 5
Excellent Presentation
Image of Mark Avallone Mark Avallone
HR Management Association of Chicago
3 / 5
Good Presentation
Image of Angie Standefer Angie Standefer
Alton Steel Inc.
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
Image of Adonia Dickson, PHR Adonia Dickson, PHR
Sun Light & Power
3 / 5
Good Presentation
Image of Roger Rosas Roger Rosas
Human Resource Professional
4 / 5
Very Good Presentation
Image of Patricia Robinson Patricia Robinson
Great Lakes Management
5 / 5
Excellent Presentation
Image of Kathryn Kraefft Kathryn Kraefft
Wingstop Restaurants, Inc.
5 / 5
Excellent Presentation
Image of Kathy Maurer Kathy Maurer
Iasis Molecular Sciences
4 / 5
Very Good Presentation
Image of Katherine Naranjo Katherine Naranjo
Matthews Benefit Group, Inc
5 / 5
Excellent Presentation
Image of Lynn Koga Lynn Koga
Catholic Charities
A somewhat monotone speaker however it is evident he is knowledgable 3 / 5
Good Presentation
FYI...I enroll in the webinars to gain up-to-date knowledge and earn credits. 4 / 5
Very Good Presentation
Image of Miriam Berger Miriam Berger
A Hire Authority

Do you have any comments that you would like to share about the value of this session?

Please help others considering viewing the archive understand the value of the session. How would you rate this presentation?
Excellent        Very Good        Good        Fair        Bad       

Are you becoming an industry expert? Each One Hour Webcast on HR.com is reviewed and can qualify for an Institute for Human Resources credit. The Institute for Human Resources Certification Program provides HR Professionals with an opportunity to specialize in one vertical or domain, making them an Industry Expert. Each of HR.com’s webcasts are reviewed and evaluated against the verticals/domains criteria, and one credit hour can be applied to the appropriate vertical or domain.
For more information regarding the IHR Certification Program, please click here or visit: http://www.hr.com/en/ihr_certifications/
Did you know that each one-hour webcast is submitted to qualify for HR Certification Institute recertification credits? The archive of the webcast also qualifies recertification credits, for one (in some cases two) year(s) after the original broadcast. You can get your PHR, SPHR, GPHR and credits all without ever leaving your desk. We know how busy today's successful HR professionals are, which is why we're committed to delivering the best education to you in an easy and entertaining format. For more information about certification or recertification, please visit the HR Certification Institute homepage at www.hrci.org
"The use of this seal is not an endorsement by HR Certification Institute of the quality of the program. It means that this program has met HR Certification Institute’s criteria to be pre-approved for recertification credit."
WorldatWork Society of Certified Professionals. Recertification credit for this event applies to the Certified Compensation Professional (CCP®), Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), Work-Life Certified Professional (WLCP®), Certified Executive Compensation Professional (CECP™) and Certified Sales Compensation Professional (CSCP™) designations granted by WorldatWork Society of Certified Professionals.

Recertification credit for this event can be taken by entering it into your online WorldatWork Society recertification application and entering the program date, title and length. Please note that the CECP and CSCP designations require a minimum number of credits from executive and sales compensation-related activities. For more information on recertification, visit the WorldatWork Society recertification webpage at www.worldatworksociety.org/recertification.


Sitemap   |   Advertise With Us