2013 - Increases Have Stunk for 4 Years! What Can You Do - Webinar by TrainHR

Overview : Employers especially small businesses need to find innovative ways of attracting and retaining their high performers and stretching what resources they do have most cost effectively. Recognition will only do so much. While everyone appreciates compliments and recognition, many employees are tiring of what they consider as receiving compliments in lieu of rewards.
But methods to attract and retain employees such as faux titles can backfire through causing dissatisfaction, demotivation and even perhaps compliance problems.
There are ways of tweaking budgets such as they may be, to stretch dollars most effectively. There are also ways employers can negotiate the perks that make up what is popularly called the "work life/balance" segment of total rewards.
Why should you attend: Employers have struggled for years now attempting to pay employees the increases to which they had become accustomed and indeed that employers are sorry that they can't continue. Employers, especially small business are also being squeezed by higher benefit prices and many businesses are just not seeing the improving economy being touted on the news.
Additionally many employers are being squeezed by health care reform and increasing prices are causing them to move to differing benefit plans which if change efforts don't include properly educating employees, leave many employees at a disadvantage. While employers struggle, many employees consider their employers are holding out on them, especially upon listening to stories of an improving economy while they're paying higher food and gas prices.
To further muddy the waters, approximately 67% of employers, with those numbers increasing daily, are moving into some form of variable pay which while exciting high performers, may be met with less enthusiasm, even resistance from those lesser performing employees.
Areas Covered in the Session:
Maximizing small merit increase budgets
How the lowly, and undervalued lump sum increase can be of great help
Small but effective steps to start moving into incentive plans
Using bonuses more effectively
Saving $$ by halving increases - not in dollars but in months.
Perks that employees consider as valuable as increases
What employers do that they think will motivate employees, but often have the effect of demotivating instead
How to offer benefits employees need, want and use at great prices without appearing cheap
How giving unlimited time off won't "cost" anything if you do this one simple thing
How managing from Day One can buy an employer more wiggle room to reward employees based on performance levels without creating compliance problems
Who Will Benefit:
HR Managers
Business owners
CFOs