Talent Wars: U.S. and Global Pay Growth in a Time of Low Unemployment and Preparing for the Workforce of the Future
May 31, 2018
Registration & Networking: 7:30 a.m.
Meeting: 7:50 a.m. to 9:00 a.m.
Talent Wars: U.S. and Global Pay Growth in a Time of Low Unemployment and Preparing for the Workforce of the Future
Unemployment is at historic lows in most states and countries, and minimum/living wage rates in California and some other states, as well as major metro areas such as Los Angeles are rising aggressively. But what is happening at higher job levels? During this presentation, you’ll find out about the latest trends in the US and internationally, and how employers are responding. We will also review how the most recent talent trends are changing based on the workforce of the future.
In this session, we’ll:
- Map out wage growth by country, and compare it to inflation
- Review the US data by industry and occupational groups and point out key trends
- Discuss US minimum and living wage initiatives, both legislated and voluntary, and how they’re impacting compression and salary structure designs
- Consider alternatives where wages are rising at unsustainable rates
- Provide examples of talent trends and their impact
We’ll offer an interactive session and will provide opportunities for participants to share any interesting approaches they’ve implemented or tried. Our presentation will include results from Mercer’s Global Talent Trends Survey, Global Compensation Planning Survey, Compensation Around the World survey and THRIVE campaign.
Cathy Shepard is a Senior Principal in the Los Angeles office of Mercer, where she has served as a Senior Rewards and Talent Management consultant and a Client Manager for over 22 years. She assists clients with a wide array of human capital issues. Cathy helps organizations achieve bottom-line results through defining a strategy and aligning organizational architecture/leveling, attraction/retention, cost-containment, compensation, talent management and total rewards (job evaluation, compensation, benefits and careers) programs and practices with the business strategy, market demands and demographics. She also has done significant pre- and post-merger and acquisition work and work with unions and union avoidance. In addition, she has expertise in FLSA compliance.
Cathy has over 40 years of corporate and consulting Human Resources experience across various industries (public, private, for-profit, not-for-profit, start-ups, mature). Prior to joining Mercer, Cathy worked for two other consulting firms and three large corporations (Xerox, North American Phillips and First Interstate Bank). She is a Certified Compensation Professional (CCP) and received the Lifetime Achievement award from WorldatWork in 2000.
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Note: (i) Once you have registered for this event, we will not be able to refund your payment should you be unable to attend.
(ii) Those who do not register and have pre-paid 24 hours in advance will be charged an additional $5 at the door.
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