This workshop is for owners and managers responsible for developing an organization’s compensation strategy and making compensation decisions.  The first part of the workshop will focus on compensation strategy, including a model for driving organizational performance.  In the second part of the workshop, participants will learn:

· Compensation basics, including resources for survey data and guidelines for selecting survey data
· Common approaches to designing base pay programs and strategies that are a best fit for each approach
· Strategies for using variable pay programs (i.e., bonus, incentive, and recognition programs) to drive organizational performance and to help manage rising cost of base pay programs

By participating in this workshop, participants should gain an understanding of how to use compensation to drive the achievement of organizational goals and different approaches for designing compensation programs.