When Pay Strategies Fail - Why HR Needs to Act Now
Organizations are facing critical challenges in attracting and retaining talent. Our approach to compensation methodology is a significant contributor in both the ability to hire and why employees leave. HR’s failure to maintain and address deficiencies in our pay infrastructure has created a perfect storm with long lasting impacts. Pay inflation is not sustainable and we can no longer ignore pay compression as an isolated problem.
Learning Objectives:
- Identify the four key drivers of compensation and pay strategies.
- Identify how pay strategy influences talent retention.
- Learn methods to balance internal and external pay equity and market competitiveness.
- Conducting a Pay Strategy Stress Test – HR’s best tool in competing in today’s competitive talent market.
In-person session offerings are on a first-come, first-served basis.
Tina Marie Wohlfield
Tina Marie Wohlfield is the founder and Chief People Strategist at TIMAWO (pronounced tee-ma-woe). She is a passionate champion of Human Resources, Leadership and Talent Management with over 25 years’ experience in the Human Resources profession.
Tina Marie is an active member of the HR community and dedicated advocate for advancing the HR profession through collaboration, partnerships and mentorship. In 2018 she co-founded HRUnite! a professional networking and advocacy community to support HR professionals. Her first book, STOP Collaborate and LISTEN – Developing Impactful HR Partnerships Through Collaboration is available through LuLu Publishing.