Compensation Workshops
 

Do Market Based Pay Adjustments Make Sense During an Economic Downturn?
The credit crisis of 2008 threw the US economy into turmoil as financial markets collapsed and companies announced deep cuts in their workforces.  Sounds like pay increases are not in the forecast for 2009 right?  Not necessarily. 

During challenging economic conditions the supply of workers tends to outpace demand and lower employee turnover is more common.  In this environment companies are often tempted to hold off on market adjustments that previously had been needed. 

This thought provoking session will explore the immediate decisions that companies are faced with during periods of recession or slow growth and their long term implications. 

Learning Objectives include:

1. Facing and effectively communicating difficult news to employees

2. Short term decision-making that does not forfeit financial viability in the future

3. Critical linkage of pay adjustments to performance

4. Strategic use of non-monetary benefits in lieu of pay adjustments

Jeff Green
Principal - PROXUS

Barbara O’Shea, SPHR
Practice Leader - PROXUS

Andrea Wachob Kaelin
Director of Compensation - Main Line Health System
 

Strategic Issues in Executive Compensation
During this session, you will hear how Campbell Soup has managed strategic issues in executive compensation.   Learn how compensation designs were adapted to address dynamic changes in the business model.  The team will also share insights on rewarding and recognizing lower level top performers who are not yet eligible for meaningful annual incentives or long-term incentive grants.  The session will conclude with a discussion of a process for identifying high-potential talent and outlining programs that are in place to ensure they stay engaged.

 Key Learning Objectives:

• How business strategy is linked to a compensation strategy
• Reward strategies at the top and bottom of the organization
• Identifying tomorrow’s leaders and keeping them engaged

Robert Centonze
Director, Global Compensation & International Programs  - Campbell Soup Company

Matthew Walker
Manager Global Compensation  - Campbell Soup Company

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