Revolutionizing Pay: Adapting Compensation to Modern Work Realities | Presented by Megan Nail | Sponsored by Paylocity

Dramatic changes in the labor market and the competitive landscape for talent are causing an upheaval in compensation expectations for employees and organizations of all types. Have you adapted your compensation strategies to keep pace with these transformative shifts?

Explore the evolving landscape of compensation in this dynamic session, where we delve into critical topics reshaping the world of pay. With a focus on pay transparency, pay compression, pay equity, the effects of inflation, and the real wage gap, we will navigate the nuanced challenges of staying competitive in today's external market for pay. As organizations strive to adapt to the evolving dynamics of the workforce, this session offers practical insights and strategies to ensure your compensation approach aligns with the demands of the contemporary employment landscape.

Key Learning Objectives:

• Understand the current compensation market, challenges and opportunities.
• Develop strategies for compensation and pay challenges such as pay transparency, pay compression, pay equity, and the effects of inflation.
• Create a compensation program and philosophy to support your organization's success now and in the future

Presented by Megan Nail, CCP, SHRM-SCP, CEBS. As Vice President, Total Rewards Practice at NFP, Megan provides expert guidance to clients, helping them to align their organization's goals with effective total rewards and compensation strategies. She specializes in designing market competitive compensation frameworks that support the organization's specific needs and philosophy, ensuring they are practical to implement and use. With nearly 20 years’ experience as a volunteer leader at the Society for Human Resource Management (SHRM), including serving at the highest level of national SHRM volunteer leadership, Megan has invested in building and strengthening the HR community. Megan has her Master of Science in Organizational Communication from Purdue University and a Bachelor of Arts from the University of Dayton. She also possesses professional certifications including Certified Compensation Professional (CCP), Certified Employee Benefits Specialist (CEBS) and SHRM-SCP.

This meeting is sponsored by Paylocity.

Online HR & Payroll Built for Employees

Cost

$20 - members

$40 - non-members

Event Schedule

Lunch/Networking 11:30am-12:00pm

Presentation - 1200pm-1:00pm

Photography/Video Policy

Central Minnesota SHRM (CMSHRM) reserves the right to use any photograph or video taken at any event sponsored by CMSHRM, without the expressed written permission of those in the photograph or video.