Change Agent Compensation and Retention

Jan. 2, 2014

How do you compensate and retain change management professionals?

During the 2013 Change Connect Symposium produced by the Association of Change Management Professionals Pacific Northwest Chapter, we facilitated a workshop on finding and developing change agents. In the workshop about 40 change management professionals divided into six groups to list their collective thoughts on four issues.

The four issues are:

Required competencies of a change management professional
Sources of change management talent
Activites to develop change management competency
Compensation and retention activities

This is the fourth of four blogs on the results. How do you compensate and retain change management professionals?

Compensation/Retention

Based on Role/Experience
Opportunities for Professional Development
Communications/Coordination Role to CM Role
Career Path/Mentor
Is Entry-Level Needed/Capable of Being Successful
Out of College $35-$50K
1-3 Years of Experience $60-$75K
Project – Program – Portfolio Path
Travel, Training and Opportunities as Benefits
Performance Based on Project KPIs
Involvement on Project Design
Recognition
Cross Departmental Assignments
Internal and External Mentors

About the Author

Bill Wilder | Founder and Director

Bill Wilder, MEd, is the founder and director of the Life Cycle Institute, the learning, leadership and change management practice at Life Cycle Engineering (www.LCE.com). The Institute integrates the science of learning and the science of change management to help organizations produce results through behavior change.

Bill led the creation of the 3A learning process that incorporates the concepts of active learning and change management. He has worked with many organizations to develop learning and change management solutions that engage people and drive accountability for behavior changes that deliver results.

Bill is a certified Prosci Change Management professional and is one of the few Prosci Authorized Training Provider Certified instructors in the world. He is the author of several articles, white papers and videos on the topics of learning and change management.