Your compensation practice can either propel the organization’s success or cripple every other management initiative. Pay too little and you can’t hire the right candidate or hold on to your best talent. Pay too much and the balance sheet suffers – and with LTI the effects can be long term or lying in wait.

Join us for a presentation of some of the elements of a successful compensation management practice and some of the tools that can help with that practice. Topics will include:

• Keep market data connected to both the jobs and the individuals in those jobs
• Organize job families to allow clear definition of the qualities, competencies, and credentials of individuals in each job so market data and promotion are most accurate.
• Maintain clear visibility into individual and unit performance and ensure that LTI and STI are used to address organization goals.

We will also present a toolset that addresses those concerns and many more: the fully integrated TMS Jobs and TMS Compensation. We will present a tour of both applications and show how easily market data, performance data, and other factors can be brought together to ensure that compensation supports you finding, promoting and retaining all the right people.

Together, these applications offer many features including:

This 45-minute presentation will include a step-by-step demonstration of the major features of the software, and some of the common problems it was designed to address. There will also be ample time for questions.