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NOV. 11 BLOCK 5 4:00PM - 5:00PM

Using Compensation to Drive Behavior Change

  • Beth-Carroll-300x300

    Beth Carroll

    CEO
    Prosperio Group

HR/TALENT MANAGEMENT LEADERSHIP

ÎçÒ¹ÊÓÆµ This Session

Many roles in trucking are paid using variable or performance-based compensation. Some organizations focus on productivity as the only metric of success, but well-rounded compensation plans ensure alignment with company culture and reinforce outcomes that support the company's mission, vision and values - not just the bottom-line financial results. Developing balanced incentive plans is not easy and requires finesse to negotiate between competing interests in the organization. It also requires an ability to understand competitive market pay levels and an understanding of the difference between a "bonus" for company profits, and a true pay-for-performance program that will change behavior as well as results. This session will put incentive compensation in the context of a well-rounded Total Rewards program and provide attendees with practical tools to develop their own pay-for-performance incentive program.

Attend this session to:

  • Learn the difference between company funded "bonus" program and pay-for-performance variable compensation.
     
  • Understand common KPIs used to measure performance and align behavior in office employees (load planners, driver managers, customer service reps, safety managers, etc.)
     
  • Hear common mistakes to avoid when developing variable incentive plans.
Beth Carroll is the CEO of Prosperio Group, a compensation development firm that focuses on the strategic management of compensation for global transportation and logistics companies. Beth has more than 25 years of experience developing incentive compensation plans for companies across the globe in a variety of industries. Carroll has completed projects with more than 400 transportation and logistics companies, in a variety of sectors (asset, non-asset, asset light, and more).
 
Carroll holds a BA from Bucknell University, an MA from The University of Chicago, an MBA from Northwestern University, and is a World at Work Certified Sales Compensation Professional.
 
Carroll is the author of Taming the Compensation Monster: Using Freight Broker Compensation to Drive Urgency, Performance, and Profits which is available on Amazon in soft cover, audio and kindle editions.

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