CTRA Meeting October 8, 2014

Location: Silvia’s Restaurant 23 North Main St., Enfield, CT (Exit 48 from I-91)
Social Hour: 5:00pm – 6:00pm
Dinner Buffet: 6:00pm – 7:00pm
Speakers: 6:30pm – 7:45pm
Cost: $20 Members, $35 Non-Members, $15 Students
Members may bring guests and pay just the $20 member rate for each guest!
RSVP: Event Registration Please RSVP by Sept. 30th – Space is limited so you may want to RSVP earlier!

Paying for Performance: How to Address Both Sides of the Equation

The Colonial Total Rewards Association (CTRA) is pleased to host an exciting and important compensation topic on October 8th. For this dinner event, CTRA invited two experts from Mercer’s compensation practice, Anna Orgera and Stephen J. Brown II, to share their latest research on pay for performance.
The presentation will speak to:

• total rewards
• use of salary increases
• variable pay and other forms of remuneration/recognition

Who Should Attend: Total Rewards Professionals

Attendees should join who are seeking approaches to differentiate pay, strengthen performance management and linkage between results and rewards. On top of compensation and benefits, Anna will also share how employers are maximizing the benefits of employees career planning, and developing managers’ skills/effectiveness as coaches.

More about our Presenters: Anna Orgera and Stephen J. Brown II

Ms. Orgera and Mr. Brown are both Partners in Mercer’s Talent business and are based in New York. Between them, they have many years of experience consulting in the areas of employee, executive and director compensation with focus on talent management and aligning performance measurement and rewards in support of business strategy.

Anna Orgera has designed salary management programs using traditional salary structure, position rate, broad grade and broad banding approaches. She has also developed both market based and internal equity based job classification/evaluation approaches, including multiple regression based approaches to job evaluation. Anna has designed corporate annual incentive plans, as well as line of business/team short-term incentive plans for retail banking, investment management, commercial banking, sales/relationship manager roles and insurance/reinsurance. She has also developed long-term incentive plans. Anna has also provided consulting assistance in such areas of talent management as career path design, including the development of technical/functional/behavioral competencies, and criteria for determining officer titles. She has also designed performance management processes, including the development of performance planning/goal setting and career development/performance improvement approaches, guidelines for providing feedback and coaching, the design of the performance evaluation process/form, and approaches to linking evaluation results with rewards.

Anna is a contributing author to Paying for Performance: A Guide to Compensation Management (John Wiley). WorldatWork published an article she wrote on conducting total compensation program audits as part of its Building Blocks series. She published an article with Talent Management Online on the development of tactical talent and reward strategies to address challenges associated with the economic downturn. She speaks on such topics as talent and reward strategies, innovative approaches to salary management, and team incentive plan design.

Ms. Orgera has an MBA from Columbia University’s Graduate School of Business and a BA in psychology from Swarthmore College.

Stephen Brown has designed executive reward strategies and pay programs for numerous organizations. Key areas of focus include:

• Providing advice and direction to compensation committees on the levels, design and administration of total compensation packages for executives
• Strategizing with management teams on critical compensation issues, including the use of equity and design of total compensation programs
• Designing executive incentive plans, with an emphasis on performance metrics and goal setting

Stephen is a leading Mercer expert on assessing incentive plan risks and has represented Mercer in discussing such issues with the Federal Reserve Board and Sheila Bair of the FDIC. He co-authored a Mercer Perspective article “Assessing risk in rewards programs: New SEC rules require prompt action” and “Strategies for Assessing Compensation Risk”, which appeared in the May 2010 Workspan. He has assisted many organizations in reviewing their incentive plans from a risk perspective.
Stephen is frequently quoted in publications on compensation issues, including The Wall Street Journal, American Banker, Dow Jones News Service, The Globe and Mail, and The Private Equity Analyst. He has lectured on executive compensation at Northwestern University’s MBA program and is a member of WorldatWork.

Mr. Brown received a Master of Industrial and Labor Relations degree from Cornell University and a BS degree in Psychology from James Madison University.