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Requisite Compensation:
Understanding Felt Fair Pay
and How to Implement It
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A pre-Conference 2007 Workshop
Monday, July 16th, 2007 8:30am to 4:30pm
BMO Financial Group Institute for Learning
Toronto, Ontario, Canada
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Requisite Organization (RO) principles provide a template for designing a complete pay system that links compensation structure to organization structure. The use of requisite concepts enables employees to be paid fairly and differentially based on the level of work of their role without the extensive use of compensation consultants and salary surveys.
This workshop will provide you with the basic requisite "felt fair pay" principles and case studies that illustrate these ideas in practice. You will also learn how to implement a requisite pay structure and what is necessary to prepare the organization to do so.
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Who should attend:
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This workshop is suitable for business people, consultants and academics that have a background in requisite organization principles and practices, and who wish to learn how to understand and implement felt fair pay.
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What you will learn:
Getting compensation right is critical to attracting and retaining employees, controlling costs and achieving organizational excellence. CEO's want the right answer to questions such as, "What is it that the organization ought to be paying for?" and "How should we deliver that pay?"
This workshop will provide you with the principles and practices to answer these questions. It describes real world examples of how to establish pay systems that provide equitable differential compensation for the level of work in every role in your organization and each individual's effectiveness in carrying out his or her role.
Employees paid fairly and equitably will not only feel fairly treated, but will choose to release their full capability and creativity in doing their work.
After attending this workshop, you will be able to answer such questions as:
- How does an organization know how much to pay someone
- How is the work of one person valued against that of another?
- What is a fair amount of pay for a CEO relative to others in the organization?
In addition to a exploring the application of a conceptual model of fair, differential compensation, participants will receive a paper Requisite Compensation written by Nancy R. Lee and Guidelines for Organizational Readiness for Felt Fair Pay by Sandi Cardillo.
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Your Session Leaders:
Session leaders are all members of the Global Organization Design Society who volunteer their time to staff Society programs.
(Click on the Session Leader's photograph to open their detailed GO Member Profile.)
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Nancy R. Lee
Nancy R. Lee, President of Requisite Organization Associates Inc., will present the basic principles of requisite compensation and will describe steps to use in implementation.
Click Here for Nancy Lee's GO Member Profile
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Charlotte M. Bygrave
Charlotte M. Bygrave, Principal, Bygrave & Associates, and formerly Senior Vice-President Human Resources at Roche Canada, will describe a project she led working with Dr. Elliott Jaques and Nancy Lee to implement felt fair pay in Roche - including eliminating incentives.
Click Here for Charlotte Bygrave's GO Member Profile
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Sandi Cardillo
Sandi Cardillo, Director of Human Capital at First National of Nebraska, will describe the relationship between requisite managerial leadership practices and their use in preparing to implement requisite compensation.
Click Here for Sandi Cardillo's GO Member Profile
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Sabrena Hamilton
Sabrena Hamilton, Senior Vice-President Human Resources at Novus International will describe the use of these concepts in a company with employees in 70 countries.
Click Here for Sabrena Hamilton's GO Member Profile
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Event Time and Location:
Monday, July 16, 2007 8:30am to 4:30pm
BMO Financial Group Institute for Learning
3550 Pharmacy Avenue
Scarborough, Ontario Canada M1W 3Z3
Telephone: (416) 490-4300
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Workshop Fee:
$ 595 CAD (all taxes included)
$ 395 CAD (all taxes included)
- for not-for-profit organizations and academics
Your Workshop Fee includes: lunch and breaks
(Check Below for further discounts!)
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Registration for Pre-Conference 2007 Workshop # 1:
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| Do not hesistate to call us at (416) 463-0423 if you have any further questions about this event.
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Meet your GO Event Sponsors
Your GO Society's Invitational and Public Events are provided to you in part by the generous Sponsorship of...
(Click on the individual logos below to learn more about the sponsor.)
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