Navigating Employee Salary Negotiations – Tools For Employers & HR To Manage Conflict & Boost Retention

Webinar Background :

Talking about salaries and compensation can be an emotionally charged discussion. It can be tense even when you are offering salary increases. When expectations are not met there can be misunderstanding, conflict, ill feelings, and anger. These compensation conversations are directly connected to performance and performance comparisons which almost guarantee that your employees have some critical questions on their minds like - Will I be getting a raise? How much will it be? Is there a promotion or transfer in my future? Am I being paid appropriately for my skills and efforts? Many employees equate self-worth with compensation. Unfortunately, the best employees in the company are the ones that tend to become the most disillusioned and disengaged if pay expectations and pay reality are not aligned. The compensation conversation in today’s environment of transparency has never been more challenging and crucial to keep your workforce satisfied. 

Webinar Agenda :

• How the corporate culture links expectations, employee performance and pay.
• Roadmap for having effective and productive salary discussions
• Communication tools to increase confidence while talking to employees about pay
• Human Resources/Compensation role and responsibilities.
• Addressing transparency in today’s corporate environment.
• Understand the role of “market” in keeping your compensation system up to date and how it plays into discussions with employees.
• Addressing the more vexing questions employees present to their manager about how personal performance and pay are linked.
• The level of independence, right for your organization of managers, related to determining individual pay rates.
• Supporting employee engagement through communication designed into the process.
• Case Studies & Examples

We will discuss key issues of defining the most important audiences of the compensation philosophy, policy and procedures, developing the right level of transparency for your organization, how to organize the discussions to address the most important aspects of employee concerns and those more challenging questions employees want answered about their personal pay. The outcome - mutual understanding, preserved relationships, and a productive workforce.

Speaker Profile - Bob Verchota is owner and senior consultant for RPVerchota & Associates, a consulting firm providing services to clients who seek to align their business and employees, creating successful outcomes and excellent work environments. After 30+ years in Human Resources senior leadership roles and teaching both undergraduate and graduate courses in Leadership and Organizational Development, Bob transitioned to using his experience and skills in consulting. Mr. Verchota provides solutions to companies for a wide variety of HR issues including training and development, compensation, compliance, policy development, performance management, employee relations and managing change from mergers and acquisitions to project specific disruptions of the status quo. Bob has an undergraduate degree in Business Administration, graduate degree in Healthcare Administration, and doctoral work (ABD) in Organizational Development. He is a lifetime Senior Professional in Human Resources.