How to Make the Most of Your Salary Increase Budget

Webinar

After what seemed like years of headlines focused on “stagnating wages”, salary increase budgets are finally climbing up in 2018, as near-record-low unemployment keeps the talent market tight.

In line with this growing competition for top talent, WorldatWork’s 2018 annual budget survey found that the average salary increase budget increased from last year, from 3 percent to 3.1 percent. Furthermore, the typical organization is projecting an additional compensation budget increase to 3.2 percent in 2019.

But before you panic over any looming “bidding war” for the best employees, consider this: your compensation budget may not have to change all that much. Instead, it’s about making smart choices about how you allocate your dollars to different segments of your employee population, when you pay and how you communicate your salary decisions to employees. In this webinar, Tim Low, SVP of Marketing at PayScale will show you how. The session will discuss:

  • Key findings from WorldatWork’s annual salary budget survey
  • Interpretations of why salary budgets are trending upwards, informed by PayScale’s own research on compensation budgets and approaches
  • Actionable ideas on how to make the most of your salary budget – no matter how large or small it is.
  • How to make a business case to get your budget approved.

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Details

Live Webinar

Access: 90-Day Access | Live Event Code: WEBINAR-20180829

Live Event

On-Demand Webinar

Access: 90-Day Access | On-Demand Event Code: WEBINAR-20180829-PLAYBACK

Recorded Event

Please note: Prices are subject to change without notice. All sales are nonrefundable. Access to the live event is limited to the first 1000 participants, so be sure to log on up to 15 minutes prior to the event start time. The live event includes access to playback. Playback and the on-demand webinar are available two business days following the live event, and you can access them for 90 days. If you order the on-demand webinar after the live event, your 90-day access begins the day of order.

HRCI credits will only be granted for attending the live webinar event. On-demand webinars do not qualify for HRCI credit. You may receive a certificate of completion for watching an on-demand webinar. Please contact Customer Relationship Services at 877-951-9191 (United States and Canada) or +1 480-951-9191 (other countries) or email customerrelations@worldatwork.org to request this certificate. You'll receive it in two to four weeks via email.

Presenter

Tim Low

SVP, Marketing | PayScale

Tim joined PayScale in 2011 to bring his experience in demand generation, product marketing, branding and go-to-market to the company's business products. Tim's resume includes deep expertise in both enterprise software and cloud-based applications. He has held executive positions at Daptiv and at Niku (where he was part of the team that led the IPO), and product management roles at both Microsoft and Oracle. Tim was a founder of social analytics platform NorthbyNine and is a graduate of Marquette University.

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