Several stories have circulated during the past few years indicating that employee satisfaction, engagement and retention are tied to much broader dynamics than compensation alone. Although it may be true that "pay isn't everything," there is an inextricable link between the worlds of compensation management and talent management.
From offering competitive compensation packages to ensure you're winning the war for talent, to ensuring your compensation practices reinforce the behavior and results your employees need to exhibit, getting these two strategies right can make the difference between "getting by" and getting ahead.
As business models continue to change and as the very nature of work evolves and becomes redefined, compensation professionals need to keep pace with shifting strategies from across the business and gain deeper understanding of how compensation planning, management and communication tactics impact the employees and managers they support.
During this informative webinar, PeopleFluent's resident compensation and performance experts, Tom Sykes and Megan DeSomery, will help you gain:
- An overview of the trends driving change in performance management
- Tips on developing a compensation and rewards strategy that is both aligned to your business needs and motivating for employees
- Best practices for sharing feedback, communicating rewards and driving business performance.