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.
McMullen has several decades of experience as a total rewards practitioner and consultant. As a leader in Korn Ferry’s global total rewards solution group, McMullen is accountable for a wide variety of reward and performance management solution design, thought leadership, innovation and capability development initiatives. His consulting work focuses on rewards strategy, base salary, variable pay, performance management systems, work measurement, organizational structural design and organizational effectiveness programs. McMullen holds a bachelor’s degree in mathematics and an MBA from the University of Louisville. Previously, he held senior rewards roles with PepsiCo and Humana. He has served on the Chicago Compensation Association Board and has been a member of the WorldatWork Compensation Advisory Board, the Advisory Board for Compensation & Benefits Review and the Total Rewards Advisory Board for HR.com. McMullen has been quoted widely in the world media, is a leading speaker on rewards and HR issues and has contributed to a number of articles and books on rewards-related topics.
