The attendees will learn a pragmatic and proven eight-step approach for successfully designing, implementing and communicating variable pay programs.
Without a doubt, variable pay programs are truly the global trend. Organizations everywhere are wrestling with the major cost issue of containing fixed base salary expenses, in addition to designing compensation reward programs that more directly align employee goal accomplishments with their pay. One solution is to move performance pay out of base salaries and into variable cash rewards. To do this successfully requires a systematic, step-by-step approach that comprehensively addresses all of issues and challenges inherent in variable pay design and implementation. In his informative and interactive presentation, John Rubino will demonstrate a proven eight-step approach, that can work in any organization, to help ensure the successful design and implementation of variable pay programs: from assessing organizational culture all the way through to determining specific lump sum payouts. Come with your questions...and learn the state-of-the-art programs for rewarding employee performance!
Learning Objectives: The participants will come away with: 1) the reasons and justifications of why many organizations all around the world are moving to comprehensive variable pay programs to help contain fixed expenses, to better recognize superior employee performance, and to truly align overall goal accomplishments with rewards; 2) a pragmatic and proven eight-step methodology for successfully designing, implementing and communicating organization-wide variable pay programs; and 3) a practical, hands-on template (based on the eight-step methodology) that they can use as a road map and guiding principles for developing variable pay programs within their organizations.
Global Human Resources Consultant
John has over 30 years of experience designing and implementing human resources programs for a wide variety of organizations in the financial services, technology, manufacturing and public sectors --- as both a practitioner and consultant. Prior to forming his own company, he was senior manager of consulting for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company. AN INTERNATIONALLY-ACCLAIMED MOTIVATIONAL SPEAKER, JOHN CONDUCTS NUMEROUS PRESENTATIONS TO GLOBAL AUDIENCES. IN FACT, HE HAS VISITED MORE THAN ONE HUNDRED COUNTRIES! He is also a speaker, course developer and seminar leader for WorldatWork and the American Management Association, as well as a speaker for SHRM's annual conferences. John is the author of two books: "Developing Compensation Programs: Job Analysis, Evaluation and Classification" and "Communicating Compensation Programs: An Approach to Providing Information to Employees." In addition, he has written numerous articles on human resources program development and is frequently quoted in professional publications. A Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), Global Remuneration Professional (GRP), Work-Life Certified Professional (WLCP), Senior Practitioner in Human Resources (SPHR), and the SHRM Senior Certified Professional (SHRM-SCP), John holds a BA from Wagner College, MBA from the Lubin Graduate School of Business, Pace University, as well as a Lifetime Achievement Award from WorldatWork and an Honorary Membership Award from the South African Reward Association (SARA) based in Johannnesburg. Also, he is a current member of The Marquis Who's Who in the World, Who's Who in America, Who's Who in Finance and Industry and Who's Who in the East
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