About This Course:
Organizations everywhere are wrestling with the cost of fixed-base salaries. An easy and cost-effective solution is to change from a fixed, base pay system is to implement a variable pay structure.
Doing so will allow you to design your compensation reward programs to more directly align employee goal accomplishments with their pay, which is a win-win for the employee and your organization.
To do this successfully requires a systematic, step-by-step approach that comprehensively addresses all of issues and challenges inherent in variable pay design and implementation. And that is where this webinar will help.
What You'll Learn:In his informative and interactive presentation, John Rubino will demonstrate a proven eight-step approach to help ensure the successful design and implementation of variable pay programs. Come with your questions...and learn the state-of-the-art programs for rewarding employee performance.
By attending, you and/or your team will come away with:
- The reasons and justifications of why many organizations all around the world are moving to variable pay programs
- How variable pay programs reduce costs, help contain fixed expenses, better recognize superior employee performance, and align overall goal accomplishments with rewards
- A pragmatic and proven eight-step methodology for successfully designing, implementing, and communicating your organization-wide variable pay programs
- How to access your organizational culture and determine specific lump sum payouts
- A practical, hands-on template that you can use as a road map and guiding principles for developing variable pay programs within your organization
