Steve Brink – Custom Compensation Packages: How Employees Want to be Paid

Steve Brink - Custom Compensation Packages: How Employees Want to be Paid

Steve Brink has always had a passion for HR technology and data analytics. Early in his career, he was involved in creating a job evaluation software tool and the first PC-based compensation planning tool, called Compensation Workbench, released in 1987. He then went on to work at Towers Perrin and Mercer where he continue to develop and improve software tools. Most recently, he’s left his role as CEO of AIRINC to become President of uFlexReward.

April 07, 2022

[0:00 - 7:05] Introduction

  • Welcome, Steve!
  • Today’s Topic: Personalization of Rewards

[7:06 - 15:12] Why is personalization of reward important?

  • People perceive value in having different ways of receiving reward
  • Understanding the difference between guaranteed comp and variable comp

[15:13 - 21:46] How can you personalize rewards?

  • Could benefits enrollment shift toward total reward enrollment?
  • Employees react very positively to the power of choice
  • How can gig workers benefit for personalized rewards?

[21:47 - 31:56] What are some practical steps for moving toward personalized rewards?

  • Leveraging software to facilitate the shift
  • Moving toward a more transparent method of communicating with employees

[31:57 - 34:39] Final Thoughts & Closing

  • How can we continue to enhance what we deliver to our employees?

Thanks for listening!

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