October Meeting: Developing Equitable and Transparent Compensation Programs
Schedule
Tue Oct 28 2025 at 11:30 am to 01:00 pm
UTC-05:00Location
State Farm B'Link - 2702 Ireland Grove Rd, Bloomington, IL 61709 | Bloomington, IL
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Date: Tuesday, October 28, 2025Time: 11:30 AM - 1:00 PM
Location: Hybrid meeting
• In-Person: State Farm B'Link / 2702 Ireland Grove Rd, Bloomington, IL 61709
• Virtual: Microsoft Teams
PLEASE NOTE: Our Speaker, Tom, will be joining us IN-PERSON, we invite you to join us at State Farm B'Link to give him a warm BNHRC welcome!
Meeting Topic: Developing Equitable and Transparent Compensation Programs
Speaker: Tom Wardrip, Managing Director, Human Resources & Compensation Consulting Practice
Meeting Agenda:
• 11:30 AM - In-person attendees arrive for networking and lunch (pre-ordered boxed lunches to be provided for in-person attendees)
• 11:50 AM - Virtual attendees login to webinar (a Microsoft Teams link will be sent a day prior to the event; join on a device with or without a camera; there will be a call-in feature)
• 11:55 AM - Announcements + speaker introductions (speaker will be in person)
• 12:00 - 1:00 PM - Presentation by speaker followed by Q&A
About the presentation: This presentation, led by Tom Wardrip of Gallagher HR & Compensation Consulting, is a comprehensive guide to developing equitable and transparent compensation programs. It blends strategic insights, benchmarking data, and practical methodologies to help organizations align compensation with market realities, legal compliance, and internal equity.
Key themes include:
• Organizational Wellbeing: Integrating financial, talent, and benefits strategies to support employee engagement and retention.
• Compensation Planning Trends: Data-driven insights into how organizations structure compensation cycles and total rewards.
• Pay Equity & Transparency: Legislative updates, especially for states like Illinois, and best practices for compliance and communication.
• Benchmarking & Market Data: Use of salary surveys and compensation assessments to inform pay structures.
• Implementation Strategy: Step-by-step guidance on conducting internal compensation studies, including budgeting, communication, and job placement.
• Audit & Analysis: Deep dives into payroll audits, pay compression, and equity modeling using statistical tools like standard deviation and Z-scores.
Re-certification Credits: 1-hour general HRCI and 1 SHRM professional development credit (PDC) will be shared with attendees after the meeting.
Anyone can attend in place of an active BNHRC member. Guests are also welcomed to attend. The guest fee is $15 and must be paid by the registration deadline. Potential new members and first-time guests can attend their first BNHRC event for free!
Registration Deadline: Friday, October 24, 2025
Register at https://bnhrc.org/events
Questions about the event or online registration process? Contact us at [email protected]
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Where is it happening?
State Farm B'Link - 2702 Ireland Grove Rd, Bloomington, IL 61709, United StatesEvent Location & Nearby Stays:
