Strategic Compensation Planning: Designing and Sustaining Competitive Pay Structures
September 3, 2025 1:00 PM EDT
An effective compensation plan is more than just a payroll framework — it’s a strategic tool that drives employee engagement, retention, and organizational success. However, designing and maintaining a compensation plan that aligns with business objectives while remaining competitive and attractive can be a challenging endeavor.
Join us for this insightful webinar where we delve into the essentials of creating and sustaining a strategic compensation plan. Discover how to balance business goals with employee satisfaction, ensure compliance with evolving regulations, and maintain fairness across diverse roles and teams.
Key topics include:
- Foundations of Compensation Planning: Learn how to structure pay scales, benefits, and incentives to align with your organization’s mission and financial goals.
- Market Competitiveness: Explore methods for benchmarking salaries and benefits to attract top talent while staying within budget.
- Pay Equity and Compliance: Understand how to address pay gaps, ensure consistency, and comply with legal standards such as equal pay laws.
- Sustainability and Adaptability: Discover strategies for regularly reviewing and adjusting your compensation plan to meet changing market conditions and organizational needs.
This webinar is ideal for HR professionals, business leaders, and compensation specialists looking to build or refine their pay structures. Gain actionable insights, tools, and templates to create a compensation plan that fosters employee trust, drives performance, and supports long-term growth.
SHRM Knowledge Advisors will join the live webinar to answer your questions in real time—right in the chat. If we don’t get to your question during the session? No problem, SHRM members can head to SHRM Connect after this webinar to keep the conversation going with advisors for 30 extra minutes. This benefit is only for members who join the live webinar and not included later on demand.
Meet the Presenters
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Nicole Belyna
Nicole Belyna, SHRM-SC, is Director, Talent Acquisition and Inclusion at SHRM. Belyna is a human resources leader with over 15 years of expertise in all things talent. In her role, she is fortunate to lead a team of amazing people who also happen to be exceptional HR professionals. As a talent leader for well-known brands, she has crafted and executed award-winning talent management strategies that attract, develop, and retain top-tier talent, enhancing companies' reputations as premier workplaces and net exporters of talent. She has honed her skills across diverse industries, including fashion and beauty retail, hospitality, and manufacturing. Belyna is proud to be SHRM certified.
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Keren Maldonado
Keren Maldonado, SHRM-SCP, is Director, Total Rewards at SHRM. Maldonado joined SHRM two years ago after an exciting career focused on international markets including Latin America, Europe, Middle East, and Africa. Maldonado has lived stateside in Miami, and as a two-time expatriate, she has lived abroad in Antwerp, Belgium, and London. Throughout her career, she has led different regional teams in building compensation and benefits programs on a regional and global scale. She has also adapted frameworks for local regulations and culture and driven change to improve employee work experience. Now, she is leading the evolution of the SHRM employee rewards experience by remodeling SHRM’s programs for the diversified talent that strengthens the organization.
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Elissa Jessup
Elissa Jessup, SHRM-SCP, is Senior Specialist, Training and Quality Assurance at SHRM. She has over 13 years' HR experience spanning the private sector, higher education, and government. Her expertise includes classification, compensation, talent management, benefits administration and employee relations. Outside of work, she enjoys spending time with her two young daughters, cherishing the rare date nights with her husband, and traveling to visit family and friends.
SHRM certification has approved this webinar for 1 PDC toward SHRM-CP or SHRM-SCP recertification. A program code will be provided at the end of the webinar.