Talking about compensation is a sensitive topic for most people in the workplace. Pay conversations almost always involve emotions because many employees equate self-worth with compensation. Only a few are able to completely separate their value as a person from the dollar value the company places on them.
Unfortunately, the best employees in the company are the ones that tend to become the most disillusioned and disengaged if pay expectations and pay reality are not aligned. Conversations related to compensation have the highest risk of destroying morale, sapping productivity and eroding retention rates. Despite this risk, more than 53% of managers admit that their company has never offered training to teach them how to talk about compensation. Similarly, on the employee side, only about half of employees feel that their company does a good job of explaining pay programs.
The solution lies in a dramatic change in the way companies, and especially individual managers, talk to employees about compensation. In this practical webinar, you will explore powerful techniques for conducting even the most emotional pay discussions with employees in order to eliminate the risks associated with compensation conversations.
You will also learn the following:
- Why company-wide pay conversations are the first step to successful one-on-one pay discussions
- Why some companies have very public pay structures and others are hidden—and the pros and cons to each method
- Communication tools to increase confidence while talking to employees about pay
- Why money has much more power to dissatisfy than to satisfy and what you can do about it.
- How to prepare managers to answer questions like:
- Why did I get a great raise last year and a small one this year even though I did more work this year?
- My teammate makes double what I make. She’s older than me, but we do the same job. Shouldn’t we be paid the same?
- Why does the guy who reports to me make more than I do?
- I didn’t get my bonus this year but it wasn’t my fault—why did you set it up this way?
- I know I’m only working 4 days a week this year, but I’m still doing the same amount of work, why did you decrease my salary?
Upon course completion, you will be able to:
- Implement best practices for conducting pay discussions with employees
- Determine what to say and what not to say during compensation discussions
- Eliminate various risks associated with compensation discussions
Wes Pruett
HR Advisors LLC
Wes Pruett is owner of HR Advisors LLC, a consulting practice that provides service to clients who seek to align their business and employees creating successful outcomes and excellent work environments. After 20 years in senior leadership within the Mayo Health System he founded HR Advisors. Mr. Pruett provides solutions to companies for a wide variety of HR issues including compensation, compliance, policy development, performance management, and employee relations. Mr. Pruett regularly facilitates employee training related to communication, leadership, coaching, and strategic planning. He is a business coach helping leaders achieve goals. Wes earned a Masters in Healthcare Administration at the University of Minnesota Carlson School of Management and an M.S. in psychology.
HR Credits
| Credit | Value | Type | Format |
|---|---|---|---|
| HRCI | 1.5 |
General |
On-Demand/Recording |
| SHRM | 1.5 | On-Demand/Recording |
What is a webinar?
A webinar is simply a seminar that you attend online. You either watch a live video feed of the speaker or listen to the speaker through your computer, tablet or phone’s audio. You see the speaker’s slides, videos, and other presentation materials on your screen.
Can I ask questions during the webinar?
Yes. During the live webinar, you may submit questions and comments and the speaker will respond verbally. For a recorded webinar, your questions will be emailed to the speaker. You will typically receive a response from the speaker within two business days.
Can I attend using a tablet or smartphone?
Yes. You may attend a webinar using a computer, tablet or smartphone.
If I can’t attend a webinar live, can I view the recording later?
Yes. Shortly after each live program ends, we send all webinar registrants a link to the webinar recording. You can view the recording as many times as you like after the live webinar for up to 12 months.
What is an on-demand webinar?
An on-demand webinar is a previously recorded webinar that you may view at any time after your purchase for up to 12 months.
Can I stop a recorded webinar and start it later at the same point?
You can stop a recording and later log back in and navigate to any point in the webinar. The system will not force you to view the entire recording from start to finish.
Can I listen to recorded webinars on a tablet or smartphone?
Yes. You will be able to listen to any of our on-demand webinars on your computer, tablet, or smartphone.
Do the webinars qualify for Continuing Education Credit?
Almost all of our webinars are approved for continuing education credit, including CLE (in all states), CCB, CPE, HRCI, IRS and SHRM credit. Unlike many providers, we don’t charge you any additional fee to process your credit. If you have specific questions, please call us at 703-372-0550 or contact us.
Can I still receive Continuing Education Credits if I view the webinar recording instead of the live presentation?
In most cases, the answer is yes. Recorded webinars are not eligible for CLE credit in the following states: AR, KS, MS, NE, and RI. In all other jurisdictions, recorded programs are eligible for credit. In addition, CPE credit is not available for recorded webinars. Please note that recorded webinars are only eligible for a certain period of time based on the jurisdiction. To ask about your specific type of Continuing Education Credit or the requirements in your jurisdiction, please call us at 703-372-0550 or contact us.
Will I receive a certificate of completion after the course?
Yes. A certificate of completion will automatically be uploaded to your Clear Law Institute account after completing the live or on-demand webinar.
Do I need to be a member to receive a certificate of completion?
No. An account will automatically be created for you when registering for a webinar. You will then be able to access your certificate of completion after completing a webinar.
How do I determine my states’s CLE requirements.
Please find your state listed here with instructions for calculating the number of credits in your state.
How will I submit my attendance to receive CLE credit in my state?
Please find your state listed here with instructions for confirming your CLE attendance.
How does the money-back guarantee work?
Clear Law Institute stands behind all of its courses with a no-risk, money-back guarantee. If you are not satisfied with the quality of a webinar, we will fully refund your money—no questions asked. If you purchase an annual all-access membership, you can cancel within 14 days for a full refund.
100% of attendees recommend this webinar
4 out of 5 stars
from 1 customer reviews
4 out of 5
Presentation was easy to follow. Practical scenarios offered.
Kate C.