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Presented by Michael Wach and Kristy McClellan of Willis Towers Watson
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Breakfast Seminar:
Effective Incentive Compensation Plan Design
In today's complex business environment, designing effective incentive compensation plans that align with key and sometimes competing objectives is more critical than ever. The Calgary Total Rewards Network (CTRN) is excited to host an engaging in-person breakfast event that delves into how boards balance shareholder value, “typical” market practice, sustainability goals and the experience of participants when designing incentive compensation plans. Join us for a comprehensive discussion with industry leaders Michael Wach and Kristy McClellan, who will offer their distinct perspectives on the metrics and performance management components essential to successful plan execution.
Event Highlights Include:
Takeaways from recent compensation committee discussions that are shaping pay program design:
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Board Priorities: Gain insights into the key considerations boards weigh when evaluating incentive compensation plans, including pay for performance in a dynamic market environment and sustainability/ESG integration.
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Metrics That Matter: Michael Wach will guide attendees through understanding the balance of vehicles and performance metrics that are most influential in designing plans that meet shareholder expectations and drive company performance.
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Performance Management Focus: Kristy McClellan will discuss best practices for designing the individual employee performance component of incentive plans in a pay-for-performance environment
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Balancing Stakeholder Interests: Explore strategies for aligning the interests of diverse stakeholders, from shareholders to employees, through well-structured incentive plans.
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Real-World Applications: Learn from real case studies that demonstrate the successful implementation and challenges of current incentive compensation frameworks.
Why You Should Attend:
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Tailored Expertise: This event is designed specifically for HR and rewards professionals seeking to deepen their understanding of strategic incentive compensation.
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Practical Insights: Directly from experts like Michael Wach and Kristy McClellan, who bring frontline experience in designing these programs for both boards and management teams
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Strategic Advantage: Equip yourself with knowledge and practices that can help your organization attract, retain, and motivate key talent effectively, ensuring alignment with broader business objectives.
Don't miss this opportunity to enhance your strategic toolkit with cutting-edge insights on designing incentive compensation plans that truly resonate with boards and stakeholders. Join us to ensure your organization’s incentive strategies are robust, aligned, and forward-thinking
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Bio Details
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Michael Wach
Based in Calgary, Michael Wach, senior director at WTW (Willis Towers Watson), specializes in Executive Compensation. His role involves partnering with boards and management of large, complex companies in the design, governance and assessment of executive compensation programs. Michael's expertise includes evaluating the effectiveness of these programs by liaising with key stakeholders such as management teams, employees, human resource committees, and shareholders, ensuring their alignment with company goals and market standards. As a qualified actuary with extensive retirement program experience, Michael adopts a total rewards perspective to his work
Kristy McClellan
Kristy McClellan, based in Calgary, currently serves as the Western Canada Market Leader and Director of Work and Rewards at Willis Towers Watson. Bringing over twenty years of experience in talent management, Kristy's expertise spans across performance management, organizational development, leadership assessment, and succession planning. She has worked extensively in various industries including Energy, Financial Services, Consumer Products, Manufacturing and Mining, demonstrating a versatile and strategic approach to human resources.
In her current role, Kristy is instrumental in designing performance management systems that drive business performance and create a high-performing employee experience. Kristy's background also includes a strong foundation in actuarial analysis, which has enriched her perspective on strategic planning and decision-making processes within HR.
WHEN:
Thursday, May 9th, 2024
7:30 am - 9:00 am MST
WHERE:
Hudson Event Space, Sixth Floor, Loft 1
200 8 Avenue SW,
Calgary, ABT2P 1B5
COST:
This event is free for CTRN members!
CTRN Non-Member: $50.00 (CAD)
CTRN Non-member + CPHR member : $40.00 (CAD)
Not a CTRN Member? To become a member today please click here.
RSVP TODAY!
Refund Policy: Full refund will be provided only upon receipt of cancellation being applied to your account no later than 10 days prior to the event. If sufficient prior notice of cancellation is not received or you do not attend this event, charges still apply.
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