Entrenching Three Pillars of Workforce Wellbeing: Financial | Mental | Physical
March 29 - 31, 2020
| Atlanta, GA
Day One - Sunday, March 29, 2020
10:00 am - 10:30 am
Registration
10:30 am - 10:35 am
Welcome Orientation
10:35 am - 10:50 am
Thoughtexchange App Introduction
Dave MacLeod -
Chief Executive Officer,
Thoughtexchange
10:50 am - 11:00 am
Chairperson’s Opening Remarks
11:00 am - 11:40 am
The Total Rewards Strategy: Acknowledging More Than the Sum of It’s Parts
J. Brian Coleman -
Vice President Total Rewards & HR Shared Services,
Dawn Foods
Total Rewards Executives face current challenges of personalization and customization while creating centricity of options. The Total Rewards includes not only the traditional elements of pay and benefits, but it recognizes that people want to enjoy their work and, when they finish the day’s work, they want a life from which they get pleasure. Each component of the Total Rewards Package must be viewed as not only based on its own virtues, but also in the context of a big picture. Ultimately, the "whole" should be bigger than the sum of its parts, and it is the totality of the Total Rewards Package that will make a difference and meet both the company’s objectives, as well as, the employees’ needs.
11:40 am - 12:10 pm
Maintaining the Strategic Vision While Balancing Multi-Generational Employee Segments
Rapidly shifting employee demographics is one most significant changes affecting compensation and benefits innovation and management. Depending on the employee, rewards perceived as valuable can range from traditional benefits such as stock options, retirement planning, 401Ks, or HSAs to emerging benefit trends such as flex-time, on-demand assignments, student loan repayment assistance, and career-pathing.
In this session, we will share insights and experiences in:
•Acknowledging compensation expectations and preferred benefits of incoming talent while valuing those of tenured employees
•Merging Baby Boomer and the Gen Y employees: What we have learned, what we would do differently
•Determining the widest number of offerings your company culture and budget can sustain
•Employee surveying for balancing their preferences with budgetary and administrative limitations
•Knowing when to draw the line: Creating competitive rewards while staying true to organizational culture and long-term goals
12:10 pm - 1:40 pm
Networking Brunch
1:40 pm - 2:15 pm
Collaborative & Courageous Leadership
Learn how innovative and dynamic leaders are leading the way by having courageous conversations within their organization. Discover how organizations are creating a culture that promotes openness, transparency and collaboration by empowering their employees to share their voice and consider the thoughts and ideas of others; shifting the corporate paradigm from closed and knowing to open and learning. In this session you’ll learn what collaborative and courageous leadership means to you and those around you.
Sponsored by: Thoughtexchange
2:15 pm - 2:55 pm
Tech Take: Simplifying Success Through Mobile App Introduction
Today, the average mobile user in the U.S. has 37 apps on their phone, engages daily with 12 different apps, and spends a whopping five hours every day on their mobile phone. It is more imperative than ever that HR executives are developing mobile friendly options for the consumers, so how do Total Rewards Executives benchmark the best technologies and how do cutting edge vendors stand out in the crowded marketplace? During this session three vendors will convey the benefits of their technologies to a panel of Total Rewards & HR Executives. The Total Rewards Executives will follow up with questions, advice on go-to-market strategies and how to cut through the noise to increase market traction and adoption by the Total Rewards and HR team.
Master Class
3:00 pm - 3:45 pm AI for Wellness: Dominating Creative AdvantageEvery year brings unique and sometimes wacky new workplace initiatives. 2019 brought us examples such as implanting RFID microchips in employees or only allowing them to expense vegetarian food, but there are also important trends that you might see arriving in your workplace in 2020 and beyond. With wellness on the rise, organizations are tackling all areas of wellness, including physical health and working toward extending ease of use options for their workforce. When it comes to fitness and physical health, accessible options drive the bar.
In this session we will discuss:
•Physical wellness trends
•Emphasis of recovery in physical routines
•The use of AI engines to better understand the optimal level of physical activity for individuals
BrainWeave
3:00 pm - 3:45 pm Calculate & Communicate: Sales Compensation Plan DesignA great sales compensation plan needs to accomplish quite a lot and whether you are building from scratch or re-vamping an old plan, there are clear steps that can increase overall objectives of providing fair compensation to employees in customer-facing roles, incentivize specific behaviors and actions that suit the needs of the business and the customer, and continuously motivate reps to exceed targets that grow the company while maintain a profit margin.
In this session we will discuss:
•Identify proper data targets to align compensation with business objectives
•Understanding the basics of a good compensation plan
•Develop design and gain mutual agreement through effective communication
3:45 pm - 4:00 pm
Networking Break
4:00 pm - 4:30 pm
Business Meetings
4:30 pm - 5:00 pm
Business Meetings
5:00 pm - 5:30 pm
Business Meetings
5:35 pm - 6:05 pm
Overcoming Pay Gaps: Developing and Communicating Your Pay Equity, Diversity and Inclusion Initiatives in Total Rewards
Securing C-Suite, Board, and/or compensation committee buy-in on new total rewards initiatives can often require a sales approach. However, once you have received their sign-off, to ensure success you must involve your employees in the plan by presenting a clear vision, and its value to them and your organization.
During this discussion, we will take a deep-dive into:
•Ensuring diversity and inclusion are at the forefront of your compensation and benefits strategic vision
•Creating a talent development plan that is inclusive of your organization’s diversity objectives and measurable
•Prevailing pay equity philosophies and implementation strategies: What’s working? What’s not?
•Demonstrating the reputational value of effective equal pay initiatives to your compensation committee
•Tracking and communicating outcomes: Measuring your success and addressing your shortcomings
6:05 pm - 6:55 pm
Goodbye Empty Promises & Outdated Rewards Programs: Using Modern Approaches & Analytics to Turbocharge Rewards & Recognition
As technology improves and the capabilities of our programs mature, program design must evolve as well. Do you know the goals of your rewards program and have they shifted since you first adopted them? How is your workforce responding to recognition? What process do you need to improve?
During this panel discussion attendees will learn how to:
•Reinvent rewards and recognition for increased agility
•Manage intrinsic and extrinsic motivation
•Make better use of your total rewards data to build a strategy that is employee-centric and cost effective
•Utilize data to understand how engaged your company is with your recognition program
•Utilize technology to make your programs trackable and agile
