There are various practices in managing compensation programs across multiple geographic locations. On one end of the spectrum are organizations who leave the management of compensation up to local operations. At the other end are organizations who have a consistent reward philosophy, compensation program designs, administrative processes and governance structures. This course will provide a review of the considerations and trade-offs in managing compensation across locations and is ideal for practitioners in the U.S. and Canada.
Participants will gain an understanding of the key philosophic and design questions involved in managing pay across geographic locations. They will explore different governance models and their benefits and tradeoffs, and review what criteria are considered in establishing a multi-geography pay program.
You’ll learn:
- Key strategic considerations in the development of the compensation program.
- Key design considerations covering market pricing, job leveling, structure development, use of geographic differentials and more.
- Key governance considerations including the role of leadership, HR and line management in the ongoing administration of the program.
- How to evaluate the program’s effectiveness?
Gain the clarity and confidence you need to manage compensation across multiple locations. Watch the session today!
Originally recorded on May 30, 2018.
As the leader in the North America Total Rewards expertise group, Mr. McMullen is accountable for a wide variety of solution design, thought leadership, innovation, and capability development initiatives.
His consulting work focuses on developing organization effectiveness and total reward programs including reward strategy, incentive and performance management systems, work measurement, organization structure design, and organization effectiveness programs.
Mr. McMullen has worked with organizations in a broad range of engagements over the past two decades in a number of industries, including restaurants, retail, consumer products, education, healthcare, life sciences, financial services, government, not for profit, and manufacturing.
Mr. McMullen has been quoted widely in the media around the world and he is a leading national speaker on reward and human resource issues. He recently authored articles that include Differentiating Pay without Performance Ratings (Workspan), Three Secrets to Finding and Keeping the Best Millennial Employees (Chief Executive), Rewarding Great Ideas: Can Incentives Encourage Organizational Innovation? (WorldatWork Journal), Global Trends in Pay for Performance (Journal of Compensation and Benefits), The Talent Management Handbook (McGraw-Hill).
Mr. McMullen holds a bachelor’s of science in mathematics and an master’s of business administration from the University of Louisville. Previously, Mr. McMullen held senior compensation roles with KFC Corp. and Humana, Inc. He currently serves on the Chicago Compensation Association Board and has been a previous member for the WorldatWork Compensation Advisory Board and the Advisory Board for the Compensation and Benefits Review.
