Free Webinar by HCR Software: Eroding Employee Purchasing Power; Perception, Reality, and What Compensation Departments Can Do

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Please join us for a complimentary webinar as we discuss the perceptions and realities of eroding employee purchasing power and as we explore tactics that compensation departments can use to navigate a challenging environment where wage increases are not keeping up with inflation.

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Complimentary Webinar - Eroding Employee Purchasing Power; Perception, Reality, and What Compensation Departments can do about it.

Please join us for a complimentary webinar:
Register at: http://tinyurl.com/employee-purchasing-power
Date: December 13, 2011 at 3:00 - 4:00 PM ET

We will discuss the perceptions and realities of eroding employee purchasing power and explore tactics that compensation departments can use to navigate a challenging environment where wage increases are not keeping up with inflation. 

One does not have to be a certified compensation professional or a statistician to see that the purchasing power of employees is under pressure. In major cities, there are Occupiers protesting about income inequality and the poor getting poorer but does the data back up their claims?

Consider these recent headlines:
NPR – Paychecks can't keep up with rising prices
Reuters – First look at U.S. pay data and it's awful
Mercer – Employee loyalty declines worldwide

Obviously HR professionals don't use headlines to craft compensation strategy. But often, where there is smoke, there is fire. In this webinar, we will seek to separate spin from reality and point out practical steps you can take to fireproof your organization for the days ahead. 

We will review the perception and reality of trends in employee purchasing power. In addition, we will provide actionable ideas you can use to boost retention and engagement, even in tough economic times.

Among other things, you'll learn:

  • The trends on inflation, wage increases, and employee loyalty
  • The implications of linking COLA to CPI on a broad basis
  • How to prepare managers for conversations with employees
  • How to Identify opportunities to expand "pay-for-performance" strategies
  • Help employees maximize their individual and group purchasing power

Please join us for what is sure to be an informative event.

Register at: http://tinyurl.com/employee-purchasing-power
Date: December 13, 2011 at 3:00 - 4:00 PM ET

Presenters:

Jamie Davis, CEO / President - HCR Software Solutions, http://www.compensationxl.com
HCR Software is the provider of CompensationXL, affordable and flexible web-based compensation planning software for enabling your pay-for-performance strategy while removing the administrative burden of salary planning cycles. 

Bill Price, Lead Consultant - Lindsay Scott & Associates, http://www.lsa-hr.com
Lindsay Scott & Associates is a consulting firm that integrates expertise, experience, and analytics to help Human Resource Departments compete for and retain talent in an increasingly competitive and uncertain world.

This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Jamie Davis