LCHRA Hosts: Compensation Market Trends: A renewed focus on strategy and design

The labor and economic markets have dramatically changed over the past few years, causing employers to rethink how to compensate their workforce. Compensation planning today will be no different as employers have a renewed focused to ensure that their compensation programs are properly designed to recruit and retain top talent. Employers are rethinking their compensation strategies to address emerging issues: a remote workforce, new pay transparency requirements, modifying incentive plans in a volatile economy, and creating pay programs to support career development. S?HRM and HRCI CE credits applied for. Join LCHRA on 9/19/23 to hear from Tom Hurley, of USI who will discuss Compensation Market Trends. Attendees will learn from an industry expert the current trends and strategies around compensation planning during this hour-long presentation. Program learning objectives include the following: Understand of the current labor market conditions Learn what organizations are planning for 2023 annual compensation increase budgets Review compensation philosophies and strategies Understand current design trends for annual and long-term incentive plans Learn how organizations are addressing remote workforce issues Review pay transparency trends