By Don Yeo at the Compensation & Benefits Congress on 17 September 2009
- Alignment of compensation philosophies with desired outcomes
- Strategies for long-term retention
- Managing internal equity and external benchmarking
- Taking a holistic approach for an overall integrated strategy
Don's presentation slides available here.
“Comp and Ben” is the single largest expense for most organisations. An uncertain economic climate puts even greater pressure on HR to devise programmes that control costs yet sustain a high level of motivation for maximum employee engagement.
The 3rd annual Compensation & Benefits Congress 2009 – Redesigning C & B in Uncertain Times provided first-hand insights into the strategies adopted by leading companies. The two-day forum showcased winning practices in the public and private sectors to help organisations cope with the increased pressure in restructuring reward schemes to maximise performance in economically challenging times.