April 21 Bonus Webinar with Jeremy Spake

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Compensation In Crisis: Responses to COVID19

HRMA Webinar
April 21

12:00PM – 1:00 PM

Guest Speaker:

Jeremy Spake, CCP, GRP

Principal, Thought Leadership & Advisory Services
Cornerstone onDemand

 

 

Summary

 

We have a new idea of what it means to be on the “frontlines” of a global crisis. Retail grocery staff, warehouse professionals, logistics and delivery operators, and healthcare professionals have been classified as “essential” workers in our global economies. These are roles that cannot be done remotely, and for which constant risk was now part of the job description.

 

Tech giants ADP, Facebook, and Workday sent their entire workforce to work from home and granted all employees one-time immediate bonus payments ranging from $1,000 to a full 2 weeks of pay per employee to assist with any unforeseen COVID19-related expenses. Not all organizations have the deep pockets to make immediate expenditures, so what can organizations with thinner margins do now to ensure workers on the frontlines are taken care of, and what can we do to brace for impact of future crises or recessions – while doing the right thing and taking care of our people when they need it the most: now.

 

 

LEARNING OBJECTIVES: This session will cover 1) what companies in these “critical industries” (groceries, healthcare, manufacturing, etc.) are doing, 2) compensation policies to consider in times of crisis and 3) what companies can be doing now to cut costs to brace for future crises and recessions.

 

 

 

 

About Our Speaker

Jeremy has extensive experience as a consultant in compensation, continuous performance management, mergers & acquisitions, succession management and strategic workforce planning. He currently holds the role of Principal Consultant in the Thought Leadership & Advisory Services practice at Cornerstone OnDemand, a SaaS Talent Management solution provider. Jeremy is based in Seattle, WA.

When
April 21st, 2020 12:00 PM   through   1:00 PM
Location
Virtual Meeting
United States

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