CRI to host Oct. 4 employer support session to examine compensation systems

BEMIDJI, Minn. — The Regional Employer Support Network will offer a presentation entitled “Bonus Structure, Salary Surveys and Compensation Systems” from 9 a.m. to 11 a.m. October 4 at the Bemidji State University and Northwest Technical College Center for Research and Innovation Custom College, located at 3801 Bemidji Avenue North. The session is free and open to all who want to learn more about the topic.

The featured presenter will be Anthony Schaffhauser, executive director of the CRICC. Prior to February, he served as a regional analyst for the Minnesota Department of Employment and Economic Development. He will be joined by Nate Dorr, a Bemidji area labor market expert from MnDEED.

Those attending will learn how to access and utilize a wealth of publicly available wage information pertaining to the Bemidji area. Armed with this information, business owners and human resources professionals can better evaluate how competitive an organization’s compensation package is compared to others in the region. While the cost of payroll and benefits is clear, the untold costs resulting from an inadequate compensation package are experienced through employee turnover and associated training expenditures and losses due to incompetence.

Session participants will receive a guide on how to access salary information and apply that knowledge to individual organizations’ salary and bonus compensation structures.

The Regional Employer Support Network was formed after employers in the region expressed the need for a network of professionals involved in human resources development and management. It usually meets the first Thursday of each month with regular sessions lasting two hours and quarterly sessions lasting longer. The sessions are open to anyone interested in learning more about the featured topic. CRICC staff members help facilitate RESN activities, and organizations collaborating to support the group include North Country Health Services, North Country Business Products, Potlatch, Bi-CAP, Johanneson, Inc., Pinnacle Publishing and Anderson Fabrics.

For more information about RESN contact the Bemidji State University and Northwest Technical College Center for Research and Innovation Custom College, Bemidji State University, 1500 Birchmont Drive NE, Bemidji, MN 56601 (218) 755-4900; or toll free, (888) 738-3224.

About the Center for Research and Innovation Custom College
The CRICC is an off-campus facility operated by Bemidji State University and Northwest Technical College designed to increase collaboration between the University, the College, business and industry and other sectors of the region. The newly aligned outreach resources of Bemidji State and Northwest Tech offer greater variety and easier access to customized training and business services in addition to providing a one-stop-shop, linking external organizations to the region’s higher education knowledge base.
For further information about the CRICC, visit its web site at http://www.cri-cc.org.