How to Leverage a Pay-for-Performance Model to Retain Top Talent

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Presenter: Spencer Harlow, Salary.com

Original program date: October 2017 (available for on-demand viewing through January 2018)

Program length: 60 minutes

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Top performers consistently rate competitive compensation, along with merit-based bonuses and awards, as the top contributors to their job satisfaction. But according to Salary.com’s 2017 Compensation Outlook Survey, just 37 percent of organizations currently have a formal pay-for-performance strategy in place. If money talks in today’s competitive job market, why is there a disconnect between what top performers want and how organizations structure their pay plans?

In this program, Spencer Harlow from Salary.com will explore how best-in-class companies are thinking differently about pay for performance to drive results. He will share how successful organizations are rethinking their merit pay increases, improving their short-term incentives, leveraging new types of rewards, and reconsidering their employee performance review systems to improve engagement and retention. You will learn the importance of training managers to talk about your pay-for-performance model, and share the steps you can take today to better link pay and performance in your organization -- even if you can't immediately change your pay plans.

Learn about our speaker About the Presenter: Spencer Harlow, CCP, is a senior project lead at Salary.com. He has been in the software industry for 20 years, with more than 10 years’ experience in compensation systems. He started his career in the medical billing industry. He has been with Salary.com for the last 10 years, nine of which have been spent working with the CompAnalyst tool.

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Recertification Credit

Viewing this webcast in its entirety qualifies for a recertification credit hour that may be counted toward SHRM-CP and SHRM-SCP recertification from SHRM and recertification from the HR Certification Institute (general credit).

Webcast Sponsor

This webcast is sponsored by Salary.com



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