Thanks for the folks at Authoria for helping sponsor our lunch and learn today in Dallas. A great turnout by companies in the Dallas/Houston area and a great information sharing session. A few highlights:
- Compensation practices from the past have had a tremendous impact on today's economic downturn
- Compensation practices of the future will have a much tighter link between TRUE "performance management", behaviors and overall compensation plan design
- Compensation plan design needs to match the "financial blueprint" that equates to an organizations financial goals
- Talent Management of the future will tie behavioral compensation plans directly to talent processes
- The overall "business" impact of talent management processes has to be reflected in the compensation plan
Waste Management also did an excellent job of sharing their story of how they deployed Authoria Compensation and how it changed the way their organization not only automated the process, but transformed compensation forever.
Great event, great stories and most important - people that are trying to make a difference.
Another infusion of knowledge...