How to Build a More Compelling Pay Strategy That Retains and Rewards Key Talent

EXIT SOLUTIONS ALLIANCE WEBINAR SERIES

How to Build a More Compelling Pay Strategy That Retains and Rewards
Key Talent


Too many business leaders discover too late that their compensation offering is inadequate. They lose a key player or fail to secure a top recruit because their value proposition just isn’t compelling. A pay strategy cannot be an afterthought. It has to be approached strategically and comprehensively or you will fail to attract, develop and retain premier talent. But how do you do that? What does a compelling pay program look like and where do you begin if you want to develop one? Now you no longer need to wonder. This webinar will give you comprehensive insight into how to build a rewards strategy that is both complete and compelling. It shares the secrets of experts who have spent the last 20 years designing successful rewards strategies for hundreds of businesses.

 

Learning Objectives:

  • How to determine what “job” you need your pay strategy to do for you.
  • How to develop a pay philosophy that reflects the performance culture you want to create.
  • Why your compensation plan needs to be “complete” to be compelling—and what it should include to be “complete.”
  • What employees value in a pay package and why it’s important to look at compensation the way they do.
  • What to consider in paying millennial employees.
  • What it means to take a “Total Rewards” approach to your pay strategy.
  • How to communicate your value proposition and take control of your employer brand.

 

About the Exit Solutions Alliance Webinar Series:

Exit planning fails when advisors think from a siloed perspective. But on the other hand, one single advisor cannot specialize in every component that goes into creating rapid value growth and effective exit strategy. Jack of all trades, master of none, right? That’s where the Exit Solutions Partner Network can help. Join each month for the Exit Solutions Alliance Webinar Series to learn the innerworkings, techniques, and strategies from advanced specialists, experts, and providers within the exit planning ecosystem. Don’t miss your chance to pick the brain of the experts every month.

Click here to meet the experts and firms endorsed in the EPI Exit Solutions Partner Network.

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Thomas J. Jordan specializes in the design, implementation, funding and the administration of executive and key employee incentive plans. As part of his exit planning advisory services, he has developed stay bonuses, stock appreciation rights, phantom stock plans, executive deferred compensation plans and performance-based incentives for hundreds of organizations.

Tom has spent over 20 years as a leader in the compensation industry, serving as President and Chairman of the Executive Compensation Institute, a Senior Advisor on Compensation Strategy with M Financial, and as a Strategic Advisor to The VisionLink Advisory Group. He has helped over 400 companies create compensation programs as a critical component in his development of their transfer and succession strategies.

Thomas J. Jordan is the founding President of The Exit Planning Institute of South Texas. He holds a Bachelor of Arts degree on in Economics from Millsap College and a Masters of Science Degree in Financial Services from the American College of Financial Services. He is also a Certified Exit Planning Advisor.

Connect with the Presenter: VisionLink Advisory Group/MPN Inc.  |  Website: Vladvisors.com |
Phone: (210) 872-1055  |  LinkedIn: Connect with Tom