Name
Skills and Rewards: Breaking from the Confines of Jobs
Track
Compensation
Session Format
Interactive 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
Through a panel discussion of subject matter advisors and industry professionals representing rewards, skills and AI technology operational enablers, participants will:
1. Understand the business and talent advantages of a skills-based model to realize impacts to a positive workforce experience, organizational agility, growth and innovation, diversity and inclusion and rewards equity.
2. Learn how the valuing of skills and linkages to compensation differ from the skills-based rewards models of the past.
3. Intake practical tactics of operationalizing and rewarding a skill-based workforce model including the capabilities compensation professionals will need to enact these models.
4. Articulate the use of skills hubs and their linkages to rewards and other elements of integrated talent models.
5. Gain insights on pros and cons of broad versus fractionalization of jobs to better enable a skills-based approach to work and careers.
1. Understand the business and talent advantages of a skills-based model to realize impacts to a positive workforce experience, organizational agility, growth and innovation, diversity and inclusion and rewards equity.
2. Learn how the valuing of skills and linkages to compensation differ from the skills-based rewards models of the past.
3. Intake practical tactics of operationalizing and rewarding a skill-based workforce model including the capabilities compensation professionals will need to enact these models.
4. Articulate the use of skills hubs and their linkages to rewards and other elements of integrated talent models.
5. Gain insights on pros and cons of broad versus fractionalization of jobs to better enable a skills-based approach to work and careers.
Speakers