Event Details
January HR-PAGE Chapter Meeting
Date: | January 11, 2023, 11:30am |
Organizer: | HR-PAGE |
Location: | In-Person (ValuNet Smart Room at Emporia Chamber) or Virtual (via Zoom) |
Price: | $10 for Non-Members; Free for HR-PAGE Members |
Event Type: | Meeting |
iCal link | Add to Calendar |
Let's kick off 2023 with a fantastic guest speaker!
We will have Phil Hayes, Vice President of The Arnold Group joining us and presenting on The Compensation Conversation: Inflation, Trends, and Strategy.
Description:
With the unemployment rate remaining at record lows, employers continue to navigate the toughest recruiting market many have ever experienced, with ongoing staffing shortages, wage pressures, and supply chain challenges stemming from the current economic uncertainty and market volatility caused by persistent inflation and political tension. Trends in compensation have evolved dramatically in recent years, particularly as the coronavirus pandemic reshaped the labor market. With the so-called Great Resignation in full swing, employers are looking for ways to retain workers, and pay is top of mind. As employees retain the upper hand in the labor market, pay equity and transparency have taken center stage in compensation strategy. Building a successful compensation plan that supports your employees and your bottom line is critical, and yet far too many organizations don’t take the time to develop one that properly works for them. Employers planning to succeed in an increasingly competitive environment must have a well-designed compensation plan that motivates employees, controls compensation costs, ensures equity, and allocates financial resources appropriately.
Learning Objectives:
Join us and participate in a timely conversation as we explore insights to navigating current and shifting workforce challenges as they relate to compensation.
- Talent wars push employers to focus on faster, more frequent financial rewards
- Pay strategies and overall employee experience – Finding the approach that makes sense for your organization
- The value of having a formalized compensation philosophy, policy, and plan
- Addressing pay equity and wage compression
- Company culture is paramount – Adjusting how you do what you do in the workplace
Register:
Click Here to register for the meeting.