Compensation Planning: Best Practices and Trends in 2024
On Demand until November 01, 2024
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Does your organization’s pay philosophy effectively translate to your managers, who make critical compensation decisions in each merit cycle? Today, balancing equity and fairness while maximizing employee retention in merit planning remains a top challenge and goes beyond simply understanding market rates. In the absence of effective compensation planning, how confident are you that compensation dollars are being optimized equitably to attract and retain the best talent?

Discover how integrating innovative analytics and strategic thinking can streamline compensation processes across organizations. The focus will be on enhancing the skills of managers to lead salary discussions that are not only effective but also equitable. By tackling biases and promoting a culture of transparency, the webinar aims to guide participants towards establishing a more just and efficient compensation framework. This session is designed to provide insights into creating compensation strategies that are both fair and productive, setting the stage for a more equitable compensation environment in the years to come.

Join us for this session where we will discuss and debate insights and best practices from compensation research that will allow you to implement data-driven strategies to empower your managers to make unbiased merit pay decisions aligned to your pay philosophy.

In this webinar, we will explore:

  • A simplified approach to compensation processes, ensuring ease of management and operational efficiency.
  • Data-driven foundations for compensation decisions, enabling managers to make informed and justifiable salary determinations.
  • A commitment to fairness and transparency in compensation practices, providing complete visibility into the salary structure and eliminating discrepancies.
  • Strategies aimed at retaining top talent and minimizing turnover rates by recognizing and rewarding employees equitably.

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  • 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 Experience Team at 877-951-9191 (United States and Canada) or +1 480-951-9191 (Outside US) or email customerexperience@worldatwork.org to request this certificate. You'll receive it in two to four weeks via email.
Presenters
Kevin MacDuff
Product Management Director II at Visier

As a seasoned professional at the intersection of HR, technology, and mathematics, Kevin thrives on harnessing the power of data to illuminate the intricacies of human behavior within organizations. With 17 years of experience in the People Analytics space, he is currently shaping the future of HR as a Senior Product Manager at Visier, a dynamic software company.

Kevin's journey at Visier has been one of transformation and innovation. In his prior role as Practice Lead for People Analytics, he led a team of skilled consultants, driving meaningful change within organizations through Visier's cutting-edge People Analytics technology solution. This experience allowed him to hone his expertise in HR systems, data warehousing, data analysis techniques, and strategic workforce planning.

Before joining Visier, Kevin made significant contributions as a director at Vancouver Coastal Health, spearheading transformative efforts in people analytics and HR systems. His commitment to ethical practices and strategic consulting is underscored by his CPA designation. Furthermore, he holds certifications in change management from Prosci©, Strategic Workforce Planning from HCI, and, most recently, Product Management from the prestigious Pragmatic Institute.

Currently, Kevin's focus at Visier revolves around compensation strategies. He is dedicated to creating software solutions that not only attract, reward, and retain top talent but also empower businesses to thrive. By leveraging his deep subject expertise, Kevin designs compelling products and services that address the unique challenges faced by HR professionals.

Sean Luitjens
General Manager, Total Rewards at Visier

Sean has an extensive background working in strategic roles across organizations, holding positions in Product Development, System Architecture, Global Sales, Corporate Strategy, Marketing, Benchmarking, and M&A.

Prior to joining Visier, Sean held leadership positions at Korn Ferry’s Total Rewards Data Business, AIRINC, and served as a Principal at Mercer, where he managed the global benefits benchmarking business. His background also includes roles at Monster as the Director of Product Strategy and in Product Development for the interactive businesses of Fidelity Capital. Additionally, Sean serves on the board of directors for two additional non-profit organizations.

Sean has worked with clients and partners, as well as spoken on a wide range of topics including but not limited to total rewards, pay equity, global mobility, recruitment, compensation and benefits methodology and trends, as well as merger & acquisition strategies. When not working, Sean can likely be found in the great outdoors, hitting the trails, climbing, or partaking in a triathlon.

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