|Short code||Starting date||Duration||Venue||Price|
|HRC 143||19/08/2019||5 Days||Manchester, London, Istanbul, Dubai, Brisbane, Amman||$4,500|
|HRC 143||16/09/2019||5 Days||Manchester, London, Istanbul, Dubai, Brisbane, Amman||$4,500|
|HRC 143||21/10/2019||5 Days||Manchester, London, Istanbul, Dubai, Brisbane, Amman||$4,500|
|HRC 143||18/11/2019||5 Days||Manchester, London, Istanbul, Dubai, Brisbane, Amman||$4,500|
|HRC 143||16/12/2019||5 Days||Manchester, London, Istanbul, Dubai, Brisbane, Amman||$4,500|
Reward Strategy, policy and procedure has traditionally been seen as important for recruiting, motivating and retaining staff. More recently, leading organizations have begun to consider how the right reward strategy can contribute to achieving the organization’s mission and objectives.
The reward system also forms part of an organization’s culture, and can be an important way of communicating with staff about what the organization considers important. Having a reward strategy helps ensure that the right messages are conveyed. Pay policies tend to focus on remuneration administration as distinct from other aspects of people management. In this sense many reward specialists would not view them as offering a strategic approach to reward management.
Total Rewards therefore have to be designed keeping in mind the big picture, rather than by considering each element separately. It has to be in tune with what goes with the company’s business and HR strategy, and with clarity on what aspect an organization wants to differentiate as an employer of choice.
This course has been designed to identify the major factors that need to be taken into account when developing an effective reward strategy aligned with company overall strategic goals, policies and performance standard
This course provides a practical introduction to the process of reward strategy development through action planning, real-world case studies and group discussions. You’ll gain the skills, theory and specialist knowledge needed to implement effective reward strategies, and associated processes, to build on your organization’s success. You’ll discover the theoretical and practical issues in developing a reward strategy, and how to develop your own reward strategy unique to your organizational circumstances.
Benefits to Organization
At the end of the training participants will be able to:
Who Should Attend?
The course is suitable for those in the private, public and voluntary sectors.
Day 1: Introduction to Reward Strategy
Day 2: Understanding the reward environment
Reward strategy design
Day 3: Reward components, Evidence Bases Strategy Design and Reward Philosophy
Day 4: Developing, Implementing and Action Plan to Reward Strategy
Day 5: Aligning the Reward Strategy with Your workforce
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