Global Pay Strategies: How to Compensate Your International Employees Effectively and Equitably | Sessions

Developing cohesive global compensation reward programs for your organization that are also appropriately nuanced based on country cultures is a very challenging task! The primary objective is to realize the tried-and-true adage 'Think Globally and Act Locally' and have it embedded as the guiding principle in your organization. To accomplish this, it is imperative to develop and implement effective global compensation programs that are aligned with your organization's human capital strategic plans. In his presentation, John will discuss leading-edge compensation solutions, the factors that impact mobility decisions, and all of the necessary techniques to pay your global workforce equitably. Moreover, you will come away with a real-world 'global schematic' of compensation and total reward perspectives, methodologies and approaches that are practiced in premier international organizations. This will help you to fully optimize the design of your global programs with the result of attracting, retaining, motivating and engaging top performers all over the world.

Learning Objectives:

• Learn to develop effective compensation, benefits and well-being programs in complex multi-national organizations.
• Explore how well-being, recognition, and career development can be leveraged to attract, motivate, retain and engage your employees.
• Identify the challenges of managing international assignments and learn approaches for developing aligned compensation solutions.
• Understand internal and external influences that affect global compensation design and delivery.
• Receive a real-world 'global schematic' of compensation and total reward perspectives, methodologies and approaches that are practiced in premier international organizations.