The Leading HR Executive Summit In Senior Care

How To Set Pay to Attract and Hold Top Talent

Type: Concurrent Session
Category: Retention & Engagement
Tuesday October 3
2:00pm to 2:45pm
Location: Avedon B

  • Description

    Acquiring and retaining talented staff is one of the biggest challenges facing the senior care industry. Is your compensation program helping you meet it?

    A well-designed compensation system can help you compete for talent, manage costs and improve employees’ performance and motivation. In this presentation, you will learn how to implement market-based pay structures that will help your organization best compete for talent and target financial resources where they are most needed.

    Learning Objectives
    • Why compensation is so important for recruiting and retaining employees, and its role as an operating expense
    • The pressures caused by varying municipality minimum wage rates
    • The process for developing a market-based compensation program, including identifying your compensation philosophy and defining the markets in which you compete for talent
    • The policies and procedures you need for successful, consistent compensation

  • Speakers

  • Documents

  • My Notes