Why Choose this Training Course?
This exciting and innovative Human Resource Management training course will utilise detailed case studies and the latest research to explain reward strategies from an administrative, strategic and human perspective. Managing reward is directly linked to performance, productivity, turnover, attitude and the overall health of an organisation.
Compensation, pay, benefits, salary and praise make up what is called ‘reward’. Reward is an integral and vitally important part of the fabric of any organisation, from small to large and from government to private.
This training course will feature:
Uniquely exploring reward from an administrative, strategic and human perspective
Focusing on how to design compensation to suit the culture of the workplace
Covering the strategic impact of motivation and the links to pay
Looking at case studies of what ‘modern’ organisations are doing
Exploring how Human Resources can supply a reward system that assists the organisation in achieving its objectives
Providing a toolkit of useful practices that you can use after the course
By the end of this training course, participants will be able to:
Describe the economic, psychological and motivational concepts that influence reward
Discuss the role of reward strategies and policies in an organisation
Assess their own organisation for fairness and equality
Defend the case for non-financial rewards in attracting, retaining and motivating people
Design a strategic reward plan
Who is this Training course for?
This training course is suitable to a wide range of professionals but it will greatly benefit:
Human Resource Professionals
Those working in or recently transferred to compensation, benefits or reward positions
HR staff who are responsible for the administration of benefits or reward
HR Business Partners
Anyone involved in salary, pay and conditions of work
Managers and team leaders involved in reward issues
The Course Content
Day One: The Context of Compensation, Benefit Administration and Reward Management
Introduction to Compensation, Benefits Administration & Reward Management
The psychological contract
Total reward concepts and approaches
Reward Strategy -Identifying what it looks like
Human Resource Strategies and Policies
Pay philosophy and compensation strategy
Day Two: Administration of Reward Equality and Inequality in Pay
The administration of reward
Salary and pay surveys
Job evaluation
Equality in reward
Inequality in reward– causes and solutions
Executive pay & Executive pay gap recording
Day Three: Performance, Performance Related Pay and motivation
Performance Management
Development and training
Performance related pay
Current best practice examples
Contribution related pay
Case study of reward practice at Netflix
Day Four: Non-financial rewards and Empowerment Employee Benefits
Non-financial rewards
Employee Participation
Employee Engagement
Employee Benefits
Flexible benefit systems and Cafeteria rewards
The role of Pensions
Day Five: Total Remuneration Creating a reward strategy
Total Remuneration for the whole organisation
Improved performance of the organisation and individual
Developing a reward strategy
CIPD Pay management survey
Review of the Murlis and Wright model of Total rewards
Personal action planning
INFORMATECH is the region’s leading provider of in-house custom-designed courses. We have been tailoring in-house solutions for our clients aimed at helping them achieve short term training wins or long term strategic requirements. In addition to being significantly cost effective, these courses are constantly in demand because they:
19-Feb To 23-Feb 2024
18-Mar To 22-Mar 2024
1-Apr To 5-Apr 2024
29-Apr To 3-May 2024
13-May To 17-May 2024
10-Jun To 14-Jun 2024
24-Jun To 28-Jun 2024
22-Jul To 26-Jul 2024
5-Aug To 9-Aug 2024
2-Sep To 6-Sep 2024
16-Sep To 20-Sep 2024
21-Oct To 25-Oct 2024
4-Nov To 8-Nov 2024
2-Dec To 6-Dec 2024
16-Dec To 20-Dec 2024
If you did not find the appropriate date or venue suitable for you, or you would like to join the course online, you can request a custom course from the link below.
We offer group and corporate discounts on many courses. These discounts are available for clients who want to maximize their return on investment.
We offer individual discounts on many courses for people who are self-sponsored and make their payment in full and upfront at the time of registration.
Nominations to our public courses are to be processed by the client’s HR/Training department except for self-nominations which are to be paid in advance using the “payment by self” option on the online registration form. A refund will be issued back to the client in the event of course cancellation or seat unavailability. Registration confirmation is subject to INFORMATECH's review of registration request and seat availability.
Clients are responsible for any type of tax levied in their country.
If you are interested in having a course custom-designed for your organization, please submit a request using the link below. Once we receive your duly completed request, one of our business development professionals or consultants will get in touch with you to understand your requirements with more detail and answer any relevant questions you may have. After all pertinent information has been exchanged, we will work on the custom-designed request and send you the proposal you require and work with you to identify the ideal period and place for delivering the custom-designed solution.