Market Areas > Human Resources > 2011 Compensation

2011 Compensation: Trends, Projections, Challenges and Alternatives

Course Description:

After several years of no to low salary increases, the trend for 2011 appears to be inching up.  In fact, in most industries, the projected median increases are 3.00 percent in all employee categories. That’s a “real” salary gain of 1 percent.   

While for many companies increases remain conservative for the coming year, employers still need to keep their organizations competitive. The strategy going forward is to wring every last drop of positivity out of the raises for their people, and turn to alternate methods, like variable pay, to increase engagement, boost productivity and manage morale.

If you’re an HR or compensation professional, the salary information in this comprehensive audio conference will provide you with the tools you need to prepare your budgets for 2011 and keep pay competitive. 

Our compensation experts will also provide you with an in-depth look at 2010 compensation spending and anticipated 2011 compensation trends, including:

• Average salary trends for a variety of industries and regions,
• Base pay trends for different personnel, and
• Competitive intelligence: what other organizations are planning for 2011 compensation.

Course Highlights:

• Expert strategies for planning 2011salary increases, adjustments and bonuses
• Important trend changes in bonus offerings, pay structure movements and incentive pay plans
• Alternate methods to boost your compensation packages, such as flexible schedules, increased time off, and more
• Strategies to help you balance your pay rises so as not to alienate good employees with a low increase, yet still keep your budget under control
• Planning for economic uncertainty: Preparing your organization for success when times improve, and navigating rocky times if the economy sours

Registration Bonus:

Register now and we'll send you the exclusive Hay Group report, The Changing Face of Reward.

The 40 page study is based on face-to-face interviews with senior HR specialists from over 230 companies in 29 countries. It examines how the business drivers of reward are changing due to the impact of the global downturn, including:

• The new business imperative: do more with less
• The talent management challenge
• The impact on reward
• The implications for reward

(Delivery - PDF Format, immediately following live event)

Featured Faculty:

Bill Reigel, Vice President/Partner, Hay Group

Bill is a Vice President/Partner of Hay Group, based in Charlotte, North Carolina. He works with organizations to understand their issues and provide insightful solutions that create real business benefits. Bill has been with Hay Group since 1990 and leads the Reward Practice for the Southeast U.S.

Bill has consulted with a wide range of organizations – from Fortune 500 companies to start-ups – in a variety of industries, including financial services, manufacturing, retail, chemical, transportation, utilities, telecommunications, non-profits and governments. He has also worked with many foreign-owned companies in the U.S. as part of global initiatives, including BMW, Michelin, Clariant, Aventis, Bank of Montreal, Ahold, Novartis and Continental Tire.

Angela Braunies, Consultant, Hay Group

Angela has worked with both for profit and not for profit organizations in a wide variety of industries.

Recent client engagements include:  Schwarz Pharma, Focused Health Solutions, City of Battle Creek, City of Bloomington, Cleveland Public Library, Country Insurance & Financial Services, American Health Information Management Association, Advance Auto, Federal Signal, State of Kansas, KI Industries, and Mid-continent Research for Education and Learning.

Prior to joining Hay Group, Angela was with Deutsche Bank as a Compensation Analyst in their Global Asset Management division.  In this role, Angela helped the real estate investment group to re-design their salary administration process, including new policies regarding merit increases and bonus allocations, as well as the development of communication pieces for employees at all levels.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

Unable to Attend?  Order the CD!
Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

APPROVED FOR RECERTIFICATION CREDIT:

HRCI - Receive 1.5 recertification credit hours toward PHR and SPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org. "The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute’s criteria to be pre-approved for recertification credit."

Each CCM event presents a variety of information and is presented for each organization to develop its own approach and methodology.