Sessions
Repeated Wednesday at 9:45 a.m.
Total rewards should be a key part of your talent management strategy as it is not just the base salary that attracts top talent but also a mix of other components such as bonus opportunities, benefits, workforce flexibility, career mobility, culture and more. A Total Rewards approach to talent management can also give an organization a more complete picture of what you offer candidates and can better indicate your competitiveness in the marketplace. How are you communicating these components of total rewards to prospective employees, and just as importantly, how are you continuing the conversation among your high performing and high potential employees? This session will you how to:
- Effectively communicate your employee/employer proposition.
- Initiate discussions around total rewards with prospective and current employees.
- Utilize equity and non-qualified deferred compensation arrangements to retain employees below the executive level.
- Offer pay guidelines that could allow you to give higher than normal increases.
- Use performance management as part of total rewards and talent retention.