The Fate of the Merit Matrix and Pay for Performance

Webinar

Why do organizations misspend billions of dollars on raises, incentives, and other compensation every year and STILL fail to innovate or deliver meaningful business results? Because they believe a small merit pool won’t deliver a compelling incentive. And because they’re over-invested in the merit matrix. If you want better outcomes, it’s time to shift from existing merit matrix and pay-for-performance programs.

Discover the next era of compensation planning! Learn how to build a structured and automated compensation process that gives compensation managers greater control over award distributions, incentive programs, prorations, and other calculations.

You’ll learn:

  • Why now is the time to abandon the merit matrix model
  • How to calculate the financial impact
  • Who should facilitate the change and how
  • How to develop a structured salary administration process
  • How to build a business case for change

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Details

Live Webinar

Access: | Live Event Code: WEBINAR-20190926

Live Event

On-Demand

Access: 90-Day Access | On-Demand Event Code: WEBINAR-20190926-PLAYBACK

Recorded Event

Please note: Prices are subject to change without notice. All sales are nonrefundable. Access to the live event is limited to the first 1000 participants, so be sure to log on up to 15 minutes prior to the event start time. The live event includes access to playback. Playback and the on-demand webinar are available two business days following the live event, and you can access them for 90 days. If you order the on-demand webinar after the live event, your 90-day access begins the day of order.

HRCI credits will only be granted for attending the live webinar event. On-demand webinars do not qualify for HRCI credit. You may receive a certificate of completion for watching an on-demand webinar. Please contact Customer Relationship Services at 877-951-9191 (United States and Canada) or +1 480-951-9191 (other countries) or email customerrelations@worldatwork.org to request this certificate. You'll receive it in two to four weeks via email.

Presenters

Stephen Bruce

Managing Director | PeopleFluent

Stephen Bruce is the managing director of PeopleFluent. Based in Boston, he leads the organization, direction and strategy of the talent management and learning software business. Stephen is responsible for advancing PeopleFluent’s growth strategies while ensuring the value delivered across its innovative software solutions continues to produce the best possible talent outcomes and customer experiences.

Before becoming managing director, he served as PeopleFluent’s chief customer officer and held several senior vice president positions for commercial operations, product management and human resources. Stephen brings more than 20 years of experience as an HR practitioner and executive, leading human capital management for large, international companies.

Drawing on this experience, Stephen drives development of enterprise HR technologies and talent suites that help companies build and power a productive workforce. He also is an expert on compensation planning and modelling, with a focus on connecting rewards to innovation and business results.

Tom Sykes

Director, Product Management | PeopleFluent

Tom Sykes is an HCM enterprise software professional with more than 15 years of experience in talent management technologies, with a specific focus on compensation management. He led product management for PeopleFluent’s award-winning Compensation Management solution for 7 years, and currently serves as Director of Product Management for PeopleFluent.

Tom is a frequent author, blog contributor, and speaker on compensation planning and related subjects. He earned a Bachelor's degree in Finance from California Polytechnic State University-San Luis Obispo.

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