Key Concepts in Compensation

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Premier Course

Compensation plays an essential role in attracting and retaining employees. This program will provide HR Generalists with information and tools to better understand and apply the concepts of compensation within the overall HR function, particularly in the current competitive landscape.

Three Sessions

Virtual sessions are two hours each, from 10 am to 12 pm, and designed to engage participants through examples and relevant exercises. Participants are encouraged to attend all three sessions that will enable them to gain a broad perspective on compensation. 

Session 1 - January 17, 2023

Establishing baseline for understanding compensation in the context of Human Resources functionality

  • Basic objectives of compensation
  • The compensation philosophy as a baseline
  • Aligning compensation with mission, vision, and strategy
  • Overview of legislation impacting compensation

Session 2 - January 24, 2023

Understanding the competitive landscape for compensation, and designing effective base pay programs.

  • Compensation challenges in the pandemic era
  • Job analysis and job documentation
  • Conducting an external market study
  • Salary structure design
  • Base pay policies, procedures, and implementation

Session 3 - January 31, 2023

Introduction to more complex compensation concepts

  • Attracting and retaining talent in the current marketplace
  • Executive compensation
  • Forms of variable compensation
  • Compensation in the context of for-profit and not-for-profit organizations

Instructor

Diana D. Neelman is a Senior Director with EA Compensation Resources LLC. With over 30 years of collective compensation and human resources experience, Diana is responsible for business development and project management in all areas of compensation, consulting to a variety of industries on salary administration, performance management and incentive compensation, with a specific emphasis on executive and general compensation matters within not-for-profit organizations. Diana is also responsible for developing and conducting training programs covering various compensation topics, presenting to both clients and to the external marketplace. Furthermore, she oversees Compensation Resource's Survey Department, which publishes various compensation studies each year.

HRCI & SHRM CP Credits

Each participant will be eligible to receive 2 credits per weekly session.

Virtual Sessions

Virtual sessions via Zoom.  Details on accessing the program will be sent out as we near the start date of the program.

Cost

The cost of this Premier Course is $350 per person for EANJ members.  Non-members price is $700 per personPayment due in advance.

Cancellation Policy - Cancellations must be received by 5:00pm ET on January 13, 2023 . Refunds will not be granted for any cancellations after this time.

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