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Event Details

    December Dinner Meeting

    Date: December 13, 2010, 5:30pm – 8:00pm
    Hyatt Regency Princeton, Carnegie Center, Rt. 1.
    Networking & registration begins at 5:30pm, meeting starts at 6:00pm.
    Pre registered members $40 and non members $50; All walk-ins add $10.
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    ***Approved for STRATEGIC recertification credit by the HR Certification Institute*** 

    REGISTER & PAY:   Online registration is now closed. We welcome walk-ins on the day of the meeting!

    Compensation Strategy 2011

    Presented by Loree Griffith, a principal in Mercer's human capital business

    Program Overview

    Mercer produces an updated version of rewards and talent management trends each fall and we enjoy the opportunity to share trends in the marketplace and predictions for the year to come. The presentation will review successful talent management and reward strategies based on Mercer’s work with companies in the local, regional, and global arenas. The content is centered around five critical planning questions:

    §               What is the current mindset regarding base pay increases for 2011?

    §               What is the status of pay for performance?

    §               How are companies managing employee expectations for 2011?

    §               How are employers incentivizing and engaging high-potential employees?

    §               Where will employers place their compensation investment bets in 2011?

    The objective of the session is to help HR professionals, and in turn their organizations, design and implement compensation and talent management programs that align with current business strategies, are affordable and sustainable, drive productivity, engage key talent and minimize the risk of pay inequity.

    About the Speaker

    Loree Griffith is a principal in Mercer's human capital business in New York. She specializes in designing and analyzing client compensation programs related to salary management, performance management, incentive plan design, job leveling and human resources benchmarking.

    Loree has over 20 years of experience in rewards consulting. Representative clients include AEGIS Insurance Services, American Express, Brown Brothers Harriman, Citigroup, Covance, Daiichi Sankyo, DRS Technologies, Eisai, JVC Americas, King Pharmaceuticals, Mitsui Sumitomo Insurance, The Medicines Company and VivaKi. Representative projects and accomplishments include:

    • Work with global organizations to design, analyze, assess and project manage client reward programs covering compensation strategy, total remuneration analyses, traditional and broadband salary structures, job leveling/job evaluation and total reward trade-off analyses to determine pay mix strategies
    • Design annual incentive plans including management incentives and team-based incentive plans
    • Development of performance management programs covering compensation strategy articulation, goal setting, balanced scorecard performance measurement, performance assessment, development planning and multi-source performance feedback
    • Lead global benchmarking studies covering compensation practices, incentive design practices and pay-to-performance relationships.

    Prior to joining Mercer, Loree was a Director in KPMG's Performance and Compensation consulting practice. She was also a senior organization development specialist with a major New York bank where she designed, analyzed and administered employee opinion surveys. She is an active member of WorldatWork, and presented at the 2009 WorldatWork conference "Balancing Internal Equity with Market Competitiveness: A Playbook for Design and Communication."

    She also recently co-authored an article in Talent Management Online entitled "Talent Myth Management." Additionally, Loree served as the 2007-2009 Americas spokesperson for Mercer's Compensation Planning Survey, and Mercer’s 2010 Attraction/Retention Survey, and has been quoted in numerous newspapers and journals regarding 2010 reward trends.

    Loree has a MS in applied psychology/human resource management from Stevens Institute of Technology and a BA in psychology and biology from Rutgers University.