Compensation Strategies for 2012: Smart Tactics for Uncertain Times

Compensation Strategies Webinar Recording

Many organizations have frozen or even cut employees’ salaries to protect operations and preserve jobs, and bonuses and other workplace perks disappeared from the table.

In 2012, the prediction for salary increases is in the 3 percent range. While any number in the plus column is good news, with increases in everything from healthcare to gas to groceries, it’s less than enthralling for employees.

As we emerge from the economic downturn, employees are growing increasingly impatient and restless. They’ve worked hard throughout the recession, often with fewer resources and for less money, and now they want to be rewarded for their loyalty. For many employers, budgets still remain thin and finding ways to compensate employees is challenging, but rewarding your best employees is necessary or else they'll start looking for greener pastures.

In order to keep your organization moving forward and your top talent at home despite the tough economic times, it's crucial for you to keep employees engaged while making the most of limited compensation dollars.

This interactive webinar will provide an overview of compensation trends for 2012. While no one can predict exactly how the economic winds will shift in the coming year, HR professionals can be armed and ready by exploring new and creative ways to compensate employees for their loyalty.

Participate in this informative 90-minute webinar, and you'll learn:

• How to formulate compensation contingency plans so you're well-prepared in 2012
• How to link the right compensation practices to the appropriate category of employees
• Ideas for staying competitive without breaking the bank
• Opportunities that lie half-hidden among the challenges
• Compensation planning you should be doing right now if you’re a public company, a small or medium-sized private company, or a nonprofit organization
• New regulations and public scrutiny on the compensation horizon
• How to effectively plan around a Congress with an uncertain agenda
• Strategies for retaining valuable employees who do not have an ownership stake
• What happens when a CEO’s own lack of salary increase acts as a false cap on all salaries, and how to get around it
• How to manage compensation as an open topic of conversation among employees
• What to do when employees come to you armed with online reports from websites as evidence that they deserve a pay increase
• New, non-cash methods that work to reward employees and make them feel engaged and valued

In just 90 minutes, you'll learn everything you need to know about maximizing your compensation budget and strategy for 2012. Register now for this interactive event risk-free..

This webinar was recorded on Tuesday, January 17, 2012

Compensation Strategies for 2012: Smart Tactics for Uncertain Times

About Your Speakers:

Mark Lipis president of Lipis Consulting Inc., has been consulting for more than 30 years, building on a successful career in corporate human resources. He has consulted on the staffs of Mercer Human Resources Consulting, KPMG, Towers Watson, and Compensation Resource Group before forming LCI in 1992.

Terry Pasteris is president of the TLMP Consulting Group. With extensive expertise in compensation and benefits both as a corporate executive and as a consultant, Pasteris has been responsible for the compensation of over 40,000 employees worldwide for AECOM, one of the world’s largest engineering and design firms.