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Phyllis Harden

Legislative & Special Projects, Pine Bluff Sand & Gravel
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WebEd:Incentive Compensation Best Practices in the US Construction Industry

October 27, 2016 - 2:00pm to 3:00pm
Member Price: 
$79
Non-Member Price: 
$99

All WebEd times are in EDT

Description: 

Incentive compensation is a huge investment. The U.S. construction industry has an enormous opportunity to improve the effectiveness of current incentive compensation programs as only 37% of construction companies use industry market data to ensure adequate incentives. It can be challenging to create an incentive plan that supports your strategic objectives, motivates attainment of stretch goals, provides desired returns and behaviors and yields results. FMI set out to answer some basic questions to find out what makes incentive compensation more effective in the eyes of top executives in the construction industry. The results of the 2016 incentive compensation survey will be revealed during this webinar.

Learning Objectives
  1. Discover the critical issues that are common practices in the construction industry that need to be addressed in order to improve the effectiveness of your incentive program
  2. Understand why paying discretionary bonuses may not be effective for moving your company forward; . Learn how total rewards can attract and retain the best talent and increase your return on investment
  3. Discover how to effectively balance the incentives to minimize unintended consequences such as divisional silos and free riders
  4. Learn how to avoid the pitfall of paying out bonuses in lean years and ensure adequate time for proper transitions to new plans

Speaker: 

Mike Rose
Sr. Consultant & Data Services Manager

FMI
 

Technology Requirements: 

AGC of America uses Go-To-Meetings to conduct WebEd. You will not incur any cost for using the platform. However, if you have not used this platform previously, please test your computer prior to the WebEd. You may be required to download software, i.e., Java and may need administrative rights to your computer. For computer specifications, please visit http://www.gotomeeting.com/fec/online_meeting_support or contact webinars@agc.org.

AGC of America WebEd Cancellation & Refund Policy: 

If you will not be able to attend an AGC of America WebEd program for which you have already registered, you may qualify for a refund of your registration fee or be able to substitute another employee within your organization. If you cancel your registration at least ten (10) days prior to the webinar, AGC of America will provide a full refund. No refund will be provided if you do not meet this deadline, however you may transfer your registration to another employee within your organization. AGC of America will provide all registrants with a recording of the webinar and the PowerPoint slides following the program.

Any questions or changes to your registration should be made via email to meetings@agc.org.

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