Training
Provided by Lorman Education Services
BenefitsIn the current economic environment, organizations are concerned with reducing costs while retaining top talent. Total rewards costs can often exceed 40 percent of company's revenue and in many cases it is difficult to demonstrate
ROI. This teleconference presents a unique approach to total rewards strategy, design and cost management called rewards transformation. Rewards transformation focuses rewards investment on employees in critical workforce segments who can contribute the most business value in return. Key components of the rewards transformation approach are 1) critical workforce segments, 2) rewards dialogue - an ongoing interactive process by which employers gather employees' views, opinions and preferences about rewards and communicate back with employees and 3) measuring rewards ROI. This teleconference will present multiple case studies and examples, including some sample cost reduction solutions. The material is especially useful to business leaders, HR, finance and total rewards professionals who are interested in retaining top talent while reducing total rewards costs. You will gain an understanding of the rewards transformation approach, how it can be applied to your organization and other total rewards cost reduction strategies you may want to consider.
Human resource professionals, compensation and payroll administrators,
CFOs, controllers, benefits professionals, presidents, vice presidents and attorneys
| This is primarily teleseminar training |  | Contact Lorman Education Services for more information |
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| Training Presented in: | English |
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