Totally Rewarding Chats | Ep. 2: Keys to Creating a Great Comp Program
Description
In this episode, Sean Luitjens and Paul Reiman sit down with Nicole Long, an experienced HR leader, to unpack her extensive background in compensation and human resources. They discuss the building blocks of successful compensation programs, the need for flexibility and stakeholder engagement, and the challenges tied to performance management systems. Nicole also shares insights from her work with the Atlanta Area Comp Association, offers perspectives on the growing role of technology in compensation, and brings humor to the conversation—including a light-hearted detour into lemoncello.
Chapters
00:00 Introduction and Background of Nicole Long
04:18 Speed Round: Getting to Know Nicole
06:45 Key Elements of Successful Compensation Programs
09:14 Flexibility in Compensation Structures
11:37 The Importance of Stakeholder Engagement
12:54 Common Pitfalls in Compensation Programs
15:14 Building Relationships with Stakeholders
16:46 Communication Strategies in Hybrid Environments
18:38 Effective Communication in Compensation
19:42 Engaging Stakeholders Early
22:54 Diverse Approaches to Merit Processes
27:28 Evaluating Success in Compensation Strategies
32:16 Technology's Role in Compensation Management
35:14 Revolutionizing Performance Management Systems