8:00 a.m. - 8:30 a.m. - Breakfast & Registration
8:30 a.m. - 9:30 a.m.
The Future of the Economy & Growth Opportunities
Andrew Busch, Economic Futurist
The War in the Ukraine, soaring inflation, spiking interest rates, and supply chains crashing, are all examples of how fast the world is changing.
The world is going to see more economic change in the next five years than we have seen in the last 100 years.
How did we get here? More importantly, where do we go from here?
Andrew will provide the context needed to understand the forces at work creating momentum for change in the economy and your business. He will look at where we’ve been, where we are, and where we’re going with the economy.
Walk away with updates on supply chains, inflation, and the economy; key trends affecting the economy such as AI; and new growth opportunities.
About Andrew Busch
Andrew Busch was the first Chief Market Intelligence Officer (CMIO) for the U.S. government at the Commodity Futures Trading Commission (CFTC). As CMIO, he was charged with improving and enhancing the government’s understanding of the markets. Andy provided briefings to White House, U.S. House and U.S. Senate staffers on a wide range of issues including extreme market volatility, China’s influence on the global commodity markets, and the impact of Fintech & virtual currencies on market dynamics.
Prior to joining the CFTC, Mr. Busch was CEO and founder of a boutique financial markets and policy research firm, Bering Productions, Inc (BPI). Before BPI, he was the Global Currency and Public Policy Strategist for Bank of Montreal (BMO) in Chicago. He is author of the book “World Event Trading” covering large crises like infectious disease outbreaks and their impact on the markets.
Andy moves people from the chaos today to confidence in the future.
9:45 a.m. - 10:45 a.m.
2023 Pay Trends Briefing
Kevin Marrs, Vice President, ASE
Join us for an informative session on the results of the ASE Compensation Survey. This session will explore the year-over-year changes in wages and salaries and provide useful insights into the current state of compensation in Michigan. Additionally, the session will also highlight macroeconomic conditions that impact compensation and will use data from various sources to provide a comprehensive picture of wage developments both nationally and regionally. This session is a must-attend for anyone interested in staying ahead of the curve when it comes to compensation trends. Don't miss out on discovering how current economic challenges will impact compensation, and what steps can be taken to navigate these changes.
About Kevin Marrs
Kevin Marrs serves as Vice President at ASE. In this role, he is responsible for overseeing ASE’s compensation and benefits survey department. ASE conducts a variety of local and national benchmark surveys, providing data to thousands of organizations.
For more than 15 years, Kevin Marrs has conducted research and analysis on the total rewards practices and trends of area employers. Kevin is also responsible for conducting employee surveys for ASE member organizations.
Kevin conducts several ASE training programs including Wage and Salary Administration Overview, Conducting Job Analysis and Writing Job Descriptions, and Market Pricing for Results.
Kevin holds a Master of Science in Experimental Psychology from Central Washington University and a Bachelor of Arts in Psychology from the University of Detroit Mercy.
11:00 a.m. - 12:00 p.m.
Pay Transparency: A Lesson in Valuing Your Employees
Russ Wakelin, Chief Product Officer, Payscale
Laws are passing across the U.S. requiring employers to post pay on job descriptions. Few employers are ready for this level of transparency. In this session, Russ Wakelin from Payscale will uncover how to respond and how to embed transparency in your compensation practices. He will share research on pay transparency trends and explain why pay transparency is as much a conversation about value as it is pay. Attendees will come away with a better understanding of how to plan for and adjust to these new realities.
About Russ Wakelin
Russ has spent nearly three decades optimizing the design and delivery of B2B software
solutions in a variety of highly regulated industries. He’s tackled complex problems in both the public and private sectors including the utility industry, municipal and state governments, submarine maintenance for the U.S. Navy, and healthcare HR. It was this last, the healthcare HR space, where Russ discovered most compensation teams are in desperate need of new tools, better data, and innovative thinking. Thus his passion for compensation was born.