Name
How Instacart Demystifies Compensation Planning for Managers and Rewards Results
Session Format
Presentation
Key Topic Area
Compensation
Target Attendee Experience Level
Intermediate: Hands-on and Practical Application
Description
Innovative approaches to compensation planning require more than a simple merit matrix. But adding too many metrics and formulas can easily overwhelm managers and confuse employees. In this session, you'll hear about Instacart's journey to educate and engage managers and maintain a clear focus on rewarding results. RedCAT Systems’ Chad Atwell and Instacart’s Mia White and Andrea Ayala will give their first-hand perspectives on rewarding employees for their contributions, simplifying manager decision-making, and promoting transparent pay practices.
Takeaways
- Understand how organizations can utilize modernized tools and communication strategies to train and engage managers in the compensation planning process, accommodating more sophisticated and complex metrics without overwhelming managers and confusing employees.
- Reinforce a pay-for-performance philosophy with meaningful metrics that connect to pay recommendations.
- Learn how compensation practitioners work with vendors and their internal teams to put these strategies into practice.
Speakers