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December 2018

Welcome to December News for the
Chicago Compensation Association!

CCA Members: Please remember to login to gain access to the CCA website's member only benefits. If you've forgotten your username and password, send your request to [email protected]n.org.


Upcoming Events

The CCA Programs Committee is hard at work putting together programming for 2019. Please check the CCA website often as we will be adding new programs as they become available.

CCAs Upcoming Events Calendar is available here

alt JANUARY WEBINAR
Trends in the Globalization of Sales Compensation

January 23, 2019 | 12:00 pm - 1:00 pm (CST)

Companies are increasingly using common global sales roles to serve their customers. In support of these increasingly common global roles, companies are rationalizing their sales incentive plans globally at a record pace. And even companies who are not rationalizing to a common plan are incorporating global guidelines to ensure best practices are universally followed. All of this is being supported and enabled by the rapid increase in the use of sales performance management (SPM) software.

In this session, ZS sales compensation leaders will share results from their latest study which captured the latest trends in the globalization trend of sales compensation. They will also discuss best practices in how to go about globalizing your sales compensation programs for your organization.
Presented By:

alt Chad is a Certified Sales Compensation Professional (CSCP) with over 20 years consulting experience. He leads the Sales Compensation practice, helping clients create and implement motivational sales incentive plans and set fair and challenging sales quotas. Chad works in all industries, but spends most of his time in the medtech, high tech, travel and transportation, business services, financial services, and manufacturing industries.
alt Jean-Francois is a Principal with ZS in the Evanston office. He leads the ZS' Incentive Compensation Practice Area and has been working on Sales Compensation related issues for more than 15 years. He has strong expertise around incentive compensation benchmarking, design of compensation plans, IC plan auditing, harmonization of IC plans, incentives administration, and quotasetting. Prior to leading the overall incentive compensation practice, he was the lead for ex-US incentive compensation.
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Liz is a Manager with ZS in the New York office. She is active in ZS's Incentive Compensation Practice Area and works with clients to help address their Sales Compensation challenges. In 2019, Liz will begin leading the Ex-US Incentive Compensation practice at ZS. Liz has been with ZS for five years with a focus on sales operations. She has strong expertise in Incentive Compensation plan design, launch design, goal setting and reporting.

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Excel Skills for Compensation Professionals
Training Course to Make Your Compensation Work Faster and More Effective
February 20, 2019 | 8:30 am - 5:00 pm (CST)

Seminar Location:
Willis Tower Watson
233 S. Wacker Drive, Suite 1800, Chicago, IL 60606

CCA is proud to partner with WorldatWork to deliver this course to the Chicago compensation community!

Program Details: As a human resources compensation professional, you rely on Excel to format and analyze large amounts of data. To do this most effectively and efficiently, you need to harness the power of Excel. Learn time-saving Excel strategies in this class developed by total rewards expert and WorldatWork faculty member Dianne Auld.

This class will empower you with new skills to save you time - hours, even days - in your compensation work.
In this course, you'll:

  • Receive step-by-step instructions on Excel functions that will make your compensation work easier and more efficient.
  • View demonstrations of essential Excel tasks related to HR compensation work.
  • Complete hands-on practice exercises of the various formulas/functions specific to compensation work.

For more information and to register, click here.


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Quantitative Principles in Compensation Management (C3E)
A WorldatWork Seminar Sponsored by CCA
Wednesday, May 15, 8:30 AM - Thursday, May 16, 2019 5:00 PM

Job Analysis, Documentation and Evaluation (C2/GR3) COURSE
A WorldatWork Seminar Sponsored by CCA
Wednesday, Sep 18, 8:30 AM - Thursday, Sep 19, 2019 5:00 PM


News and Updates

alt New CCA Linked In Page - Follow us today!
Please head over to our new company page on Linked In and follow us: https://www.linkedin.com/company/11342601/From now on we'll be sharing the latest CCA news and events on this Linked In page. Don't miss out. Follow us today!
alt Sponsor CCA! 2018 - 2019 Sponsorship Opportunities
CCA's primary sponsorship objectives are to:
  • Mutually build and sustain a strong compensation community in the Chicago area.
  • Provide a platform to share intellectual capital in the compensation field.
  • Provide access to CCA members through our web site and educational programming.
Click here for a summary of sponsorship benefits. For more information, please contact Gail Brooks.  To register online for sponsorship, click here.
alt Follow CCA on Twitter
Click here to follow @chicompassoc so you can stay up to date on all things CCA!

Industry News

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Workspan Compensation Articles<

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Automatic Enrollment Is Beneficial to Younger Workers
Employers can improve their younger workers' retirement outlook by implementing automatic enrollment.

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Being a Team Player Paying Off for Sales Professionals
A team approach is changing the way sales professionals are compensated. This is according to a Korn Ferry analysis of sales team compensation plans at more than 425 organizations in a wide range of U.S. industries.

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Employers: Need to Learn About Retirement's Effect on Workforce
New approaches to managing retirement are being explored by employers to boost financial well-being.

Industry News is excerpted from the WorldatWork Newsline. Want to let our members know about your company's news, information, and research? Send your company HR and compensation news to [email protected]


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HAPPY HOLIDAYS FROM ALL OF US AT
CHICAGO COMPENSATION ASSOCIATION

Christmas music, gingerbread cookies, holiday lights, warm hot cocoa (with marshmallows!)...it really is the most wonderful time of the year! It is time for us to look back with gratitude at the successes 2018 has brought us and look forward with positivity to all that 2019 will bring. We are thankful to do this surrounded by the support of all our members. We couldn't have done it without you. The team at Chicago Compensation Association wish you a safe and warm holiday season as you celebrate with your friends and family. We look forward to seeing you in 2019!

The CCA Update is the monthly online newsletter of the Chicago Compensation Association. For more information, visit CCA's website at www.chicagocompensation.org, or contact CCA headquarters at [email protected].