Meeting/Event Information

CANCELLED - March Monthly Meeting

March 24, 2020
11:00 AM CDT to 1:15 PM CDT
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Junior League of Houston
1811 Briar Oaks Lane
Houston, TX 77027
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Unfortunately, we are going to reschedule this event to another date.
We will let you know once we have details of the new date for this event. Thank you!

Job- or Market-Based Structures: What's Best?

This session is intended to deliver a comprehensive understanding of both job based salary ranges and market based salary ranges and why one approach might be considered for implementation over another.  The panel will compare/contrast the advantages and challenges associated with each type of structure and outline the ideal business environment for both types of structure.

Traditional market-based compensation structures are still the most popular among the various approaches for base pay structures. They generally reflect the 25th to 75th percentiles of the competitive market, help with efficiencies when involving a lot of employees, and they're appreciated due to their cost-controlling mechanisms.

But market-based structures also have shortcomings, which is leading many companies to move to job-based structures.

Job-based structures incorporate more pay-influencing aspects that result in a more accurate market representation, especially for hot jobs. And because of this granularity, they bring more managers into the process, which improves communication and pay transparency.

Join this discussion to hear from both sides. In this session:

  • Learn about why companies historically adopted market-based structures, and what evolutions are taking place
  • Why Company A works with a market-based structure, and why Company B moved to job-based
  • You can ask questions of the speakers that will help you make the best decision for your organization

 

Panelists:

Kay J. Moore
Sr. Compensation Consultant
Methodist Hospital

 


Wynne
Oriani

Senior Advisor of Compensation
Sasol

Wynne Oriani is a Senior Advisor of Compensation for North American Operations at Sasol, an international integrated chemicals and energy company based out of Johannesburg, South Africa.  She brings over two decades of experience in Total Rewards with experience in both small and large multinational organizations.  She has spent the past 7 years helping Sasol remain market competitive while staffing their $11B Mega Project in Lake Charles, Louisiana.

 

Lynsi Oster
Director, HR Compensation
Entergy

Lynsi has over 15 years of compensation and benefit experience, including long term incentive plan design and administration, short-term incentive administration, job analysis and evaluation, retirement plan design and administration. Lynsi’s experience includes implementing Entergy’s shift from broad banding to market pricing. She has experience in both the corporate roles and HR Business partnering in the utility industry.

Lynsi earned a Juris Doctorate from Loyola University College of Law and holds a Master of Business Administration with a concentration in HR and a bachelor’s degree in business management.

 


Doug Tapp
Senior Manager, Rewards Well being Strategies

Deloitte

Doug Tapp is a Senior Manager in Deloitte’s Rewards Well-Being Strategies practice with more than 25 years of consulting and corporate total rewards experience. He has experience advising clients in all areas of total rewards including broad based compensation design, job architecture, executive compensation including long term incentive design, Board of Directors compensation and governance, pay equity and benefit program design. 

Doug has served on the National Compensation Advisory Board for WorldatWork and has co-authored articles published in WorldatWork’s Workspan magazine and National Association of Corporate Directors. He frequently speaks locally and nationally on total rewards topics including pay equity, job architecture/pay structure design, performance management, and the ‘employee value proposition’ within the future of work.

Doug is a Certified Public Accountant (CPA) and Certified Financial Planner (CFP) and holds degrees in Accounting, Economics and Business.

 

Moderator:

Sheila Sever
Deloitte

Sheila has over 20 years of experience, where her primary focus has been on a combination of compensation analysis and program design, performance management, job analysis, evaluation and documentation. In addition, Sheila’s experience includes three corporate roles heading employee benefits. She has experience in both the corporate and consulting environments and has served a variety of industries in both the public and private sectors.

Sheila has authored several articles and has presented on compensation issues for local and national compensation and Human Resource groups.  Sheila earned a B.S. in Business Education with distinction from Texas A&M University and is a Certified Compensation Professional and recipient of WorldatWork’s Lifetime Achievement Award.