Keeping up with Comp in a HOT marketplace for talent!

  • 22 Jul 2021
  • 12:00 PM - 1:00 PM
  • Zoom

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Description:

The healthcare marketplace is hopping in the summer heat! How are you keeping up with the need for talent amongst the escalating sign-on bonuses and retention offerings while staying ahead of compression issues with your current staff who have brought you this far? Attend this session for a scan of the environment and to obtain HANDS ON expertise on how to configure these programs for maximum impact while addressing ever-present compression issues. We’ll give you excel tips and tricks and go over a Case Study so you can check out your own situation!


Learning Objectives:

  • Cite current market data regarding sign-on bonuses and retention programs. 
  • Learn Excel formulas that help when reviewing data for compression.
  • Identify total COST of fixing compression.


Bio:

Rena Somersan is a Managing Principal with Newport’s Compensation Consulting team. She has over twenty-five years of consulting and industry experience assisting clients in executing their strategic human resources and compensation initiatives. Rena is often invited to speak at conferences in the areas of her focus which has been in workforce and executive compensation, performance management initiatives, talent motivation and retention. She has a Bachelor's degree from the University of Wisconsin-Madison and an MBA from Koc University in Istanbul, Turkey, where she lived and worked for 13 years after working in Japan for 3 years.


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