A Case Study: Evolving the Compensation Strategy During a Period of High Inflation
Dan & Julia will provide a high level overview of the challenge of providing competitive pay to portions of their exempt population. Due to economic pressures, potential turnover concerns, as well as a desire to provide a more stable wage in high cost-of-living cities, the Company evaluated a number of options. They made changes to their program to better align the base pay and incentive opportunities, and to provide a more predictable compensation package for the affected employees. They will discuss the pros and cons of the final outcome, as well as some of the communication and implementation challenges.
Speakers:
Dan Moynihan is a Managing Director at Pearl Meyer. He is focused on all areas of pay including executive compensation, broad-based rewards, incentive design, and sales compensation development. Dan works to clarify client compensation and human resource objectives to develop programs that maximize their resources and existing infrastructure. Dan has a passion for helping emerging and growth companies (public and private) with the design and development of executive compensation programs to help drive attraction, motivation, and retention of key personnel.
Julia Gershengoren is the Senior Manager of Compensation and HRIS at ITOCHU International Inc. With over 18 years of experience with ITOCHU’s compensation and information systems, Julia’s focus is transforming HR practices to meet the evolving demands of the global workforce.
Please Note: This is a virtual event. Zoom meeting link will be sent out to registrants within 2 days of the event.
