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Event Details

    Variable Pay - Incentives and Consequences

    Date: April 18, 2012, 5:45pm – 8:30pm
    Organizer:
    Robin Campbell
    Location:
    Hilton Gaithersburg, 620 Perry Parkway, Gaithersburg MD 20877
    Price:
    $30.00 MC SHRM Chapter Members, $40.00 Nonmembers, $45.00 Walk-Ins
    Event Type:
    Meeting
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    The ultimate goal of incenting through variable pay is to improve organizational performance.  However, designing the proper plan can be a daunting task.  We are excited to have Ed Krow, SPHR, CCP, CHCM and Senior Human Resources Consultant with Vantagen, LLC,talk with us about Variable Pay – Incentives and Consequences.

                                                             

    This interactive session will explore the pros and cons of several types of variable pay plans and introduce ideas on how best to implement them.  The session will conclude with a discussion of the danger zones inherent in any variable pay system and how to overcome these obstacles.

    This interactive session will explore the numerous types of variable pay that can be used to incent employee performance along with the danger zones that can come with each type.

    Attendees will:

    • Be able to define the 3 main types of short term incentive systems and implementation strategies for them.
    • Be able to define the 2 main types of long term incentive systems and implementation strategies for them.
    • Learn the 3 step system to be followed for successful variable pay implementation.

    Speaker Biography

    Ed is the Senior Human Resources Consultant with Vantagen, LLC.  As Senior Consultant he manages external consulting engagements and is based in the firm’s Lancaster office.  Ed has over 20 years of experience in the Human Resources field.  Specifically, Ed spent several years operating his own business, Human Resources Essentials, LLC, as a Human Resources Consultant and Trainer.  Prior to that, he spent over a decade with United Parcel Service in a variety of Human Resources and Operations Management roles.  Additionally, Ed is currently an adjunct professor at Millersville University. In his current role he provides services in the areas of human resources management, affirmative action planning, organizational development, compensation and reward system design, employment law compliance, training and development, and performance management.

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