Revving Up Rewards: Driving Compensation in the Accelerated Business Era

(presented by the Milwaukee Area Compensation Association)
Wednesday, March 6, 2024
Uline Headquarters, Pleasant Prairie, WI
11:30 AM - 1:30 PM (lunch included)

Cost:
Free | CCA Members (contact [email protected] for a special CCA Member Code)
$25.00| Non CCA OR MACA Members

 Feeling like the clock is accelerating in the realm of compensation? While the speed of change holds a steady rhythm, the dialogue around compensation has surged. In this session, we'll delve into the present dynamics of the compensation landscape, examining it through the lens of velocity. We'll dissect the heightened emphasis on impactful compensation conversations across all tiers, including the skills required to move beyond mere compliance and embrace the intricacies of pay transparency. The demands of both stakeholders and employees alike propels us to swiftly develop a robust system, returning to the basics of job evaluation and foundational frameworks, challenging market pricing norms, and acknowledging biases. As our profession undergoes transformation, the demand for these new skills creates a whirlwind of job growth and heightened expectations. Join us in navigating this high-speed journey, engaging in real conversations, and sharing practical insights as we adapt to the accelerating pace of change in the world of compensation.

About Speaker:

Jennifer Hassrick CCP
Senior Principal, Workforce Rewards
Korn Ferry

Jennifer Hassrick is a Senior Principal at Korn Ferry and an expert in broad-based compensation program design, job evaluation, and pay equity analysis with over 15 years of direct total rewards consulting experience and 10 years of business management experience. Ms. Hassrick has managed and led projects for a wide variety of industries, including manufacturing/industrial organizations, financial services, national associations, and public utilities. Prior to joining Korn Ferry, Ms. Hassrick worked with a regional consulting firm as a compensation consultant and operations manager. Additionally, she has owned and built several businesses from the start-up phase to full operation. Ms. Hassrick holds a master’s degree from Northern Illinois University and received her undergraduate degree from the University of Wisconsin. She also earned the Certified Compensation Professional certification from World at Work.

Learning Objectives:

1. Demonstrate a comprehensive understanding of the factors driving rapid change in the modern workplace and the ways in which compensation systems are being tested under pressure.
2. Develop the ability to engage in meaningful and influential discussions on pay transparency, moving beyond mere compliance and exploring its potential for high impact in compensation-related matters.
3. Evaluate and reassess traditional compensation practices, identifying which approaches are likely to thrive in the future and which should be discarded considering evolving organizational needs.
4. Gain valuable insights into the outlook of the compensation profession, including emerging opportunities and the essential skills required to succeed in today's fast-paced and dynamic organizational environment.