New Year, New Pay Ranges: Modernizing Your Strategy in 2019

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About the Presenter

Sam Reeve

President I  CompTeam

 

Sam Reeve is the President of CompTeam, a management consulting firm that focuses on improving the relationship between employee motivation, happiness and performance. He is a recognized thought leader in human capital talent strategies with over 15 years of experience in leading companies through transformational change by optimizing talent initiatives with reward programs to achieve long-term strategic objectives. Sam’s diverse experience includes the design and optimization of performance-driven variable compensation plans for executive, sales and core employee populations of growing companies.

Prior to joining CompTeam, Sam worked in compensation functions at notable firms such as BlackRock, Barclays, McKesson, and Automatic Data Processing (ADP). 


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Many companies are under pressure to increase pay at their lowest compensation levels. Amazon recently increased their minimum wage to $15 per hour for its US employees, and activists and politicians are encouraging other companies to follow suit. But how can smaller companies compete without sacrificing profitability? The answer lies in the balance between managing pay and enhancing the employee value proposition. Pay ranges of the past must be modernized, but selecting the right type of range is more critical to managing costs and maintaining competitiveness than ever before. Which pay range strategy is best for your company?

During this practical and timely webinar, Sam Reeve, President of CompTeam, will discuss pay management approaches that fit your company’s culture and business strategy. You’ll learn effective pay range practices that will keep you ahead of the competition while winning with your employees. Don’t go another year with ineffective pay programs; modernize your practices now and make a successful shift that will take your company’s pay strategy to an entirely new level.

Attendees will learn:

  • How to identify the right pay strategy for your company and select the appropriate pay structure to drive results

  • Approaches for making changes that are meaningful to employees while improving marketplace competitiveness

  • Ways to target pay more effectively so your company can allocate funds to groups of higher need

  • Training and communication tips to promote employee goodwill and improve pay management
Theresa M. Worman

Executive VP, Strategy & Development | Compdata Surverys & Consulting


 

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Sandra Pace, Managing Director, has over 20 years of experience advising both publicly and privately held companies and non-profit organizations. Ms. Pace leads the firm’s non-profit practice and spearheads the firm’s market pricing capabilities, developing market pricing models and assisting clients in compensation benchmarking. Prior to joining SH&P, Ms. Pace served as Vice President and Consultant at Pearl Meyer & Partners for over 13 years. Ms. Pace holds a degree in Industrial/Organizational Psychology from City University of New York.







Steven Hall Jr. 

Managing Director I  Steven Hall & Partners

Steven Hall Jr., Managing Director, has over 13 years of experience advising companies on executive and director compensation matters. Mr. Hall leads the firm’s client outreach efforts and serves as the firm’s liaison to members of the press and industry professional organizations. Additionally, Mr. Hall supports the firm’s market pricing activities of both executive compensation and Board remuneration programs. Mr. Hall holds a B.S. in Business Administration from Boston University’s Questrom School of Business. He also holds a Certified Executive Compensation Professional (CECP) designation from the World at Work Society of Certified Professionals.


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