This session is focused on how to set up a compensation program in a foreign country when a company has never had operations overseas before. It includes advice/information on:
1) Need to understand country labor/employment laws
2) Need to understand any cultural issues that might impact how you design your compensation plans
4) Need to understand the local competitive market
5) How to select the best survey for the new country and how it will differ from U.S. surveys
6) What corporate compensation decisions need to be made --- what is kept global and what is allowed to be local
7) How to develop a merit budget
8) The need to educate corporate management on the differences between overseas compensation practices and U.S. compensation practices
This session is a very practical guide for HR people that are in the beginning stages of learning how to deal with international HR issues for the first time.
Organizations nationwide seek to continuously improve performance and motivation while simultaneously reducing costs. This arduous task often becomes the responsibility of Human Resources (HR). Without effective systems in place and data available, employee compensation can run counter to efficiency and performance objectives set by the organization. Learn how market-based pay structures can help your organization remain competitive, administer compensation fairly and easily, and allocate limited financial resources where they are needed most. Discuss compensation economics and the impact of regulations on the market equilibrium. Share offensive and defensive strategies for maintaining employees through the economic recovery and taking advantage of recruiting opportunities through top grading.
Organizations spend considerable amounts of resources (time, labor, financial) on HR software implementations with the goal of improving performance and recordkeeping. However, many organizations are often left wondering whether or not the investment of those resources was a wise decision. When there is a gap between desired improvements and actual results, it is often because user adoption of the new software is shockingly poor. In this session attendees will learn how to maximize their investments by effectively managing the specific processes involved in a major software change implementation.