Name
Skills and Rewards: Breaking from the Confines of Jobs
Date & Time
Monday, June 12, 2023, 10:30 AM - 11:30 AM
Track
Compensation
Session Format
Panel
Target Attendee Experience Level
Intermediate: Hands-on and Practical Application
Description

Most employees don’t view themselves as job holders. Instead, they see themselves as individuals bringing a toolkit of skills, applied to work to achieve business and career goals. Through lenses of workforce strategy, rewards and skills hubs enabled by AI, the panel will explore the operational shift from an antiquated job focus to an agile, skills-based model. This includes discovering, developing, and rewarding the application of valued experiences and portable skills, rather than attaching primary worth to the “pedigree” of title and education. We will explore rewarding what talent can do rather than solely on what they have done.

Learning Objectives
· Understand the business and talent advantages of a skills-based model, including positive workforce experience, organizational agility, growth and innovation, diversity and inclusion, and rewards equity.
· Learn how the current valuing of skills and compensation differs from the skills-based rewards models of the past, plus how skills hubs are linked to rewards and other elements of integrated talent models.
· Discover practical tactics and capabilities for operationalizing and rewarding a skills-based workforce model, plus the pros and cons of broad vs. fractionalized jobs for enabling a skills-based approach to work and careers.