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SCRS: Repairer Driven Education - Management: Creative Compensation Solutions – How to Develop, Pay and Motivate Employees in a Team Environment (RD13) $
When:November 1, 2017 - 9:30am - 11:30am
Where:Las Vegas Convention Center, Upper North Hall, N233
SCRS REPAIRER DRIVEN EDUCATION (RDE) series will feature seminar offerings. Each of the courses has been individually selected or crafted by SCRS because the content specifically focuses on issues and information that are relevant to collision repair professionals operating in today’s marketplace, and appeals to the diverse array of marketplace perspectives that exist within the collision repair industry.
RD13 - Creative Compensation Solutions – How to Develop, Pay and Motivate Employees in a Team Environment
Presented by: Michael Lanza, Sherwin-Williams Automotive Finishes
Do you know if you are getting a good return on investment from your personnel costs? Is your Total Compensation program competitive? Does it attract, retain, and motivate your employees? How do your employees perceive their compensation relative to your competitors? It’s 2016 and its time to move beyond the 30 year old “flat rate” comp plan. It’s time to design your formal compensation systems including salary grade structures, merit increase guidelines, individual and team-based incentive plans, and performance management systems. Designed for shop owners and managers looking to break away from the traditional flat rate pay model.
By providing the participant with the tools necessary to develop a “compensation system” to break away from the traditional flat rate pay model, students will be able to:
• Conduct an Analysis of Total Compensation
• Develop a Salary Grade Structures that retains employees
• Develop Incentive Plan Design that aligns with your business goals
• Implement a Performance Appraisal and Performance Management Systems
• Implement Management and Employee Training environment