Mastering Off-Cycle Compensation Planning & Adjustments
Virtual (Live) October 31, 2024 12:00 PM Eastern
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Annual compensation cycles have traditionally been the primary method for adjusting employee salaries. However, there's been a growing shift towards using off-cycle compensation increases. According to Mercer, the implementation of off-cycle increases has risen by 10% in 2024 compared to 2023. As these off-cycle increases become a vital tool for modern organizations, it’s crucial to understand their importance and how to implement effective processes to maintain a competitive edge in the market.

This webinar will explore the intricacies of off-cycle compensation, covering key reasons for its growing use, essential considerations when establishing off-cycle award processes, and the role of technology in automating these processes.

You'll learn:

  1. The best practices when setting up off-cycle award processes.
  2. The importance and nuances of off-cycle compensation and awards.
  3. Tips for automating off-cycle compensation.

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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
Shannon Mechura
Senior Product Adoption Manager at PeopleFluent

Shannon Mechura is a Senior Product Adoption Manager at PeopleFluent, where she works with both prospective and current customers to ensure they understand how PeopleFluent Compensation software can support and enhance their organizations' compensation strategies and processes.

Since joining PeopleFluent in 2012, Shannon has been involved in software implementation, training, and consulting on compensation best practices for organizations at local, national, and global levels. She holds a Bachelor’s degree in Accounting and a Master’s degree in Human Resource Management. Shannon is also a frequent presenter of compensation-related webinars for PeopleFluent, as well as for HR.com and WorldatWork.