Mastering Off-Cycle Compensation Planning & Adjustments

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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:

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

Registration is now closed.

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Presenters

Shannon Mechura serves as a Senior Product Adoption Manager at PeopleFluent. Shannon collaborates with prospective and current customers, ensuring they understand how PeopleFluent Compensation software will benefit and support their organizations’ compensation philosophy and processes.

Since joining PeopleFluent in 2012, she has been involved with software implementation, training, and consultancy on compensation best practices for organizations operating at local, national, and global levels. Shannon holds a Bachelor’s degree in Accounting and a Master’s degree in Human Resource Management. She frequently presents compensation-related webinars for PeopleFluent as well as ones sponsored by HR.Com and WorldatWork.