Preparing compensation and benefits budgets is a core responsibility for Total Rewards teams at every stage of their career. This session provides a practical, straightforward approach to budgeting that works whether you are new to the process or looking to strengthen your foundation. Participants will explore how organizations typically plan for pay increases, incentives, and benefits costs, how to think through assumptions and tradeoffs, and how to partner effectively with finance. The focus is on building budgets that are realistic, defensible, and easier to explain to stakeholders.

Key Takeaways

• How compensation and benefits budgets are commonly structured and planned
• What data and assumptions matter most when building and refining budgets
• How to communicate budget decisions and tradeoffs clearly with leaders and partners