Key Concepts in Compensation

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compensation

Premier Course

Compensation plays an essential role in attracting and retaining employees. This program will provide HR Generalists with information and tools to better understand and apply the concepts of compensation within the overall HR function, particularly in the current competitive landscape.

Three Sessions

Virtual sessions are two hours each, from 10 am to 12 pm, and designed to engage participants through examples and relevant exercises. Participants are encouraged to attend all three sessions that will enable them to gain a broad perspective on compensation. 

Session 1 - February 20, 2024

Establishing baseline for understanding compensation in the context of Human Resources functionality

  • Basic objectives of compensation
  • The compensation philosophy as a baseline
  • Aligning compensation with mission, vision, and strategy
  • Overview of legislation impacting compensation

Session 2 - February 27, 2024

Understanding the competitive landscape for compensation, and designing effective base pay programs.

  • Current climate around compensation
  • Job analysis and job documentation
  • Conducting an external market study
  • Salary structure design
  • Base pay policies, procedures, and implementation

Session 3 - March 5, 2024

Introduction to more complex compensation concepts

  • Applying the basic objectives of compensation to plan designs
  • Forms of variable compensation
  • Executive compensation – non-profit and for-profit

Instructor

Diana Neelman

Diana D. Neelman is a Senior Director with EA Compensation Resources LLC. With over 30 years of collective compensation and human resources experience, Diana is responsible for business development and project management in all areas of compensation, consulting to a variety of industries on salary administration, performance management and incentive compensation, with a specific emphasis on executive and general compensation matters within not-for-profit organizations. Diana is also responsible for developing and conducting training programs covering various compensation topics, presenting to both clients and to the external marketplace. Furthermore, she oversees Compensation Resource's Survey Department, which publishes various compensation studies each year.

Event Sponsor

Compensation Resources

HRCI & SHRM CP Credits

Each participant will be eligible to receive 2 credits per weekly session.

Virtual Sessions

Virtual sessions via Zoom.  Details on accessing the program will be sent out as we near the start date of the program.

Cost

The cost of this Premier Course is $350 per person for EANJ members.  Non-members price is $700 per personPayment due in advance.

Cancellation Policy - Cancellations must be received by 5:00pm ET on February 13, 2024 . Refunds will not be granted for any cancellations after this time.