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Total Compensation/Benefits/Perk Packages in the Construction Industry 
Date/Time:
April 16, 2014   3:00pm - 4:00pm
 
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  Synced Audio / Video / Slides
 
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Senior managers should know how to build competitive compensation, benefits, and perk packages to motivate and retain key employees, as well as attract great employees to their organizations. The competition for great employees is intense and having world class compensation/benefits/perk packages gives a company a leg up on other companies. This 60-minute session will explain why it is important to have a balance between fixed and variable compensation, as well as short-term and long-term compensation plans. We will also review current compensation trends and practices for the construction industry and discuss some of the more sophisticated compensation plans that are available. After the session, attendees will know salary trends in the near-term for executive, staff, and support employees.

After this session, you will be able to:
  • Describe what elements make up competitive compensation, benefits, and perk packages for staff and executive employees
  • Explain what each of the elements helps to accomplish in terms of motivating, retaining, and attracting great employees.
  • Identify what actions your company must take annually to ensure that compensation remains competitive


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