How to Navigate the Future of Total Rewards and Compensation in 2023: Halo Event
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- Опубліковано 8 лип 2024
- In this Virtual Roundtable, Douglas Brown is joined by a group of Total Reward executives who continue to push the limits into the “new normal” where the competition for talent is higher than before while balancing the shift of hybrid/remote work related to rewards and compensation.
0:00 Halo Virtual Roundtable Event Introduction
1:28 Panelist Introduction - Cameron Lazek
1:59 Panelist Introduction - Bill Tompkins
3:00 Panelist Introduction - Rory Trotter
4:19 Panelist introduction - Deb Wasserman
5:11 Steps being taken to ensure pay equity for employees in this new normal
10:37 DEI talent strategy + higher labor markets
11:22 how organizations are handling job descriptions to include pay transparency of the compensation range and the impact of these factors on candidates applying
13:50 Balancing compensation and benefits costs with employee perceived value is a major concern in today's landscape to ensure they feel valued and supported.
15:46 Value proposition through the employee lens
17:31 Communication and clear messaging to leadership and employees
18:13 Initiatives in place for employees - long-term vs. short term
19:47 Effective strategies are being implemented by teams to stay current and adapt to evolving regulations impacting employee compensation and benefits. Discover available resources to stay informed
23:28 Trusted vendors, trusted experts, and trusted peers
25:16 Changing regulations and the impact it plays on future total rewards design
27:52 How do other rewards beyond cash compensation determine compensation packages and how to balance all factors while designing compensation packages
32:20 Handling total rewards on a massive scale, a founder base environment
35:21 Strategies organizations use to analyze internal pay equity
38:29 Discover how groups are ensuring their employees are at the forefront by providing a positive employee experience through recognition, career development opportunities, and work-life balance initiatives.
43:18 How organizations are effectively communicating an equitable and transparent compensation structure to employees amid pressure for fair pay and bias-free workplace
50:02 How organizations are addressing the challenge of retaining top talent in a competitive market, where employees may receive better compensation packages elsewhere, and what could be the long-term impact on the bottom line
54:20 Connect with the speakers
Cameron Lazek, Vice President of Total Rewards, Confluent
Connect with Cameron: / cameronlazek
Bill Tompkins, Head of Total Rewards, SmileDirectClub
Connect with Bill: / bill-tompkins
Rory Trotter, Director of Total Rewards & Executive Compensation, Brown-Forman
Connect with Rory: / roryctrotterjr
Debra Wasserman, Vice President of Total Rewards, Oak Street Health
Connect with Debra: / debra-wasserman-467937
Moderator
Douglas Brown, CEO/Co-Founder, Halo Consulting
Connect with Douglas: / douglasbrown5
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Thank you for sharing! Excellent information !😃👏
Thank you, Juliana!