Compensation too complex? Communicate to clarify and motivate




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It's not your father's pay stub anymore. At most organizations, compensation has become an extremely complicated subject. It starts with base salary, of course, but then companies add short-term incentives (a.k.a., bonuses), long-term stock grants or options, and a variety of special pay packages for sales reps, senior executives, even manufacturing employees.

It's no wonder that employees are confused about their compensation, and unclear about the relationship between how they perform and what they are paid. The consequence, however, is that compensation can actually be de-motivating when employees view pay as a frustrating mystery.

The good news is that clear communication can make even the most complex compensation program simple, understandable and motivational.

In this workshop, we'll use best-practice examples to show you how to:

	•		Assess employees' current level of understanding about compensation

	•		Eliminate "comp speak" by using simple everyday language

	•		Employ simple math to demonstrate how pay calculations work

	•		Leverage visuals to illustrate pay components and systems

	•		Educate HR professionals to give them the confidence they need to support managers and answer employees' questions

	•		Make it personal for employees by using stories and examples

	•		Prepare managers to have meaningful conversations with employees