Put Your Money Where Your Mouth Is: Are your Compensation Structures Supporting Your Culture?

Speaker: Mary Sacksteder, MNA, PHR, HR Manager Compensation, Kettering Health Network.

Register Here: http://ow.ly/IieX303Ywgo

Topic: Put Your Money Where Your Mouth Is: Are your Compensation Structures Supporting Your Culture?

11:15 AM - 11:30 AM: Registration & Networking

11:30 AM - 12:00 PM: Announcements & Lunch

12:00 PM - 1:00 PM: Speaker

Learning Objectives:

1. How perceptions of pay differ between HR, Management and Employees

2. How rewards build behavioral patterns

3. The impact of behavioral patterns on culture

4. How to think thru what a compensation program design element is communicating

5. How to improve your compensation program messages

Session Description:

Compensation structures communicate all kinds of messages to employees. Most companies are trying to build a “good” culture. However, many don’t stop to consider how our job and pay structures can either support the culture we want, or convince employees that we don’t mean what we are saying:

Are behavioral expectations built into our job descriptions?

Are employee development sight lines built into our job level steps?

Are their fair and logical guidelines for how base pay rates are set?

Are bonus programs rewarding the actions we want?

Are incentive plans creating an environment where employees have to be paid to go above and beyond?

Are we ensuring that all programs are administered consistently and fairly?

This presentation will discuss the possible cultural effects of different structure options, and encourage HR professionals to examine their current programs’ practical realities with fresh strategic eyes.

Session Bio:

Mary currently serves as the Compensation Manager for Kettering Health Network. She has been with Kettering Network in Human Resources for 16 years in a variety of roles, including the areas of Recruitment, Compensation and Benefits, HR/IS and Training. Mary holds both a Bachelors of Architecture and a Masters of Non-profit Administration from the University of Notre Dame. She is PHR certified and currently serves on MVHRA’s Board of Directors.