Event Details
June Chapter Meeting (Managing Compensation)
Date: | June 8, 2023, 11:00am – 1:00pm |
Organizer: | Lynchburg Regional SHRM Inc. |
Location: | Legacy Wealth Management Group Auditorium - 1971 English Tavern Rd, Lynchburg, VA 24501 |
Price: | $15 for Members and $20 for Guests |
Event Type: | Meeting |
iCal link | Add to Calendar |
Registration: Click here to register for the meeting!
Schedule: 11:00 am - 11:30 am Networking
11:30 am - 11:55 am Business Meeting
12:00 pm - 1:00 pm Presentation
Topic: Managing Compensation Challenges in 2023
Speaker: Kerri Arnold
Over the past few years, our local labor markets have been impacted by large-scale economic and global factors. The balance has shifted to employees and job candidates, leaving it up to employers to rethink their compensation and total rewards programs. Is compensation the key to retaining great talent today, or is part of a bigger picture? Join this session to learn how to think strategically about managing compensation to attract and retain the talent your organization needs for success.
Objectives
- How inflation impacts salaries and what strategies employers can consider to keep pay competitive.
- Discuss the strategic approach to leveraging a Total Rewards Philosophy to guide and inform pay decisions at your organization.
- How a good communication plan can be an essential foundation to a compensation program in any type of labor market.
Approved for SHRM Credit (1.00 PDC Credit Hour)
Approved for HRCI Credit (1.00 "General HR" Credit Hour)