Sessions
Concurrent Session
Compensation Budgeting: HR & Finance on the Same Page
A302
Monday 06/25/2012 10:45 AM - 12:00 PM
1.25 HR Credit
Focus Areas:
Workplace Application:
This session will provide the tools you need to be strategically involved in the compensation budgeting process.
Finance and Human Resources don't often speak the same language. One group speaks 'numbers,' the other group speaks 'people.' Yet at least once a year, at performance/salary review time, the two parties must collaborate to define the financial implications of annual reviews. This session will teach you how to take a proactive and strategic role in securing the appropriate resources for compensation increases. The overall goal would be to help the organization meet the talent management objectives while remaining fiscally sound. In this there will be success in getting HR & Finance on the same page.