Leverage Marketplace Trends When Making Decisions about Compensation and Benefits Strategies
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In this fast-paced environment, HR professionals need to know and understand what's happening in the local marketplace to remain competitive and relevant. Having a good handle on what other organizations are doing can help in the evaluation of internal programs, practices, policies, etc. Decisions regarding the alignment of compensation and benefits strategies to company goals should be supported by data rather than emotional response.
This presentation will provide timely information for organizations to evaluate their current compensation, benefits and total reward strategies against recently reported market data. Participants can ultimately use the survey data and discussion to consider options and alternatives for improving the overall approach to policies, practices and benefits. They will be able to return to their organizations feeling more informed and confident in making decisions about their total reward strategies that should help ensure the organization can attract, retain and motivate its employees.
Participants will have a thorough understanding of relevant North Carolina based market data, including:
- Actual salary increase budgets for 2014 & projections for 2015
- Reported pay differentiation based on performance
- Average health insurance premiums for 2014
- Workplace culture initiatives
- Current trends and practices in creating positive work places
Molly Hegeman, SPHR, MPA - CAI
Molly Hegeman is the Vice President of HR Services at CAI in Raleigh and has been with CAI since 2006. Molly is SPHR certified and holds a Master’s in Public Administration from the State University of New York. As a career human resource professional, Molly has extensive experience in strategic HR, compensation, organizational development and mergers and acquisitions. She is frequently asked to present to groups of Senior Leaders and HR Professionals on trends in human resources and often discusses the strategies employers are using to respond to current conditions in the marketplace.
In her consulting role, Molly helps organizations develop total rewards strategies that attract, motivate and retain top talent in their industry. Molly has held senior level human resource positions in both publicly traded and non-profit organizations. She has experience working in a variety of industries including healthcare, finance, technology, construction and manufacturing.