Webinar: Managing Compensation Practices in a Rapidly Changing Landscape
Human resource and compensation professionals face tremendous challenges as changes occur in shareholder and executive expectations about workforce diversity, government regulation, and societal shocks, most recently, the COVID-19 pandemic that necessitated the adoption of remote work arrangements.
These challenges affecting compensation practice include the following:
- Workforce diversity goals in executive compensation;
- Government-mandated increases in minimum wage; and
- The impact of remote work on compensation.
In this 60-minute webinar, Joe Martocchio, author of Strategic Compensation: A Human Resource Management Approach and Professor Emeritus at University of Illinois Urbana-Champaign, School of Labor and Employment Relations, explains these challenges and shares how HR and compensation professionals can manage these challenges proactively. Understanding and addressing these challenges helps compensation professionals achieve the following important employment outcomes:
- Greater workforce diversity
- Improved recruitment
- Increased productivity
- Higher retention