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Event Details

    September Chapter Meeting: How to implement a Salary Administration Program (including total compensation statement)

    Date: September 12, 2019, 11:00am – 1:00pm
    Organizer:
    Lynchburg Regional SHRM Inc.
    Location:
    The Kirkley Hotel
    2900 Candlers Mountain Rd, Lynchburg, VA 24502
    Price:
    $15 for Members and $20 for Guests
    Event Type:
    Meeting
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    CLICK HERE to register for this meeting by 8pm Friday September 6th.

    ​Topic: How to Implement a Salary Administration Program (including total compensation statement)

    Speaker: Jamie Hasty

    Compensation administration deals with establishing a meaningful and acceptable relationship between work and rewards.  Work performed by employees should help organizations achieve their objectives which are derived from the organization’s overall business strategy and support the company’s mission statement.  When designed and administered appropriately, an organization’s compensation program is an effective management tool for recruitment, retention and overall support of the business objectives.

    This session, presented by Jamie Hasty, Vice President with SESCO Management Consultants, will cover the basic tenets of compensation exploring the value of both internal and external equity via market wage surveys and 15-Factor position evaluation.  Next, we will discuss the right price which is a combination of position value, external competitiveness and the organization’s ability to pay.  We will further delve into the importance of a plan that is efficient to administer and easily understood by employees who must be in control of their ability to meet performance ratings as defined by the organization.  Last, we will demonstrate a compensation program must be more than a system of “paying” employees; a solid compensation program includes position descriptions, progression schedules, program administration guides and integration with your current or new performance evaluation system.

    Biography: ​Jamie M. Hasty – Vice President, SESCO Management Consultants

    Ms. Jamie M. Hasty is a Vice President with SESCO Management Consultants, Bristol, Tennessee and Richmond, Virginia.  Jamie graduated from East Tennessee State University with a B.B.A in Human Resources Management.  Her professional affiliations include the Society for Human Resource Management and various state Chambers of Commerce.

     

    Certification:

    Pre-Approved for SHRM Credit (1.00 Credit Hour)

    Pre-Approved for HRCI Credit (1.00 Credit Hour)

    Sponsor:

    MEDCOST

    Virginia Career Works - Central Region

     

    CLICK HERE to register for this meeting by 8pm Friday September 6th.