In Person or Live Digital
Total Rewards Management / Market Pricing & Conducting a Competitive Pay Analysis
Attract, Motivate, Engage and Retain Employees with an Effective Rewards Program / Learn to Conduct an Effective Compensation Analysis Methodology to Determine a Job’s Market Value
Sign Up for Our Total Rewards Management training
Create rewards packages that matches the needs of employees and the organization.
Why Attend?
Total Rewards Management
To consistently attract, motivate, engage, and retain valuable employees, it is critical to offer a rewards package that strategically matches the needs of employees and the organization. Through seven different modules, this multifaceted learning experience provides an excellent overview of total rewards and is perfect for those who are new to the field.
Market Pricing - Conducting a Competitive Pay Analysis
Learn to build competitive market-related pay structures that support your organization’s compensation strategy and boost your odds of successfully attracting, retaining and motivating employees. You’ll learn a methodology for conducting a competitive pay analysis; you’ll also be able to assess how your approach supports your organization’s hiring and retention goals, and compensation strategy. The skills you gain will help you develop and design effective compensation packages, and confidently communicate to senior and executive leaders, people leaders, and employees about how their market-related compensation is determined.
Benefits Of Attending
Total Rewards Management
- The five elements of a total rewards strategy: compensation, benefits, well- being effectiveness, development and recognition
- The tools needed to formulate a total rewards program, including understanding the critical role of organizational culture, business strategy, and HR strategy
- Internal and external influences on total rewards strategy
- Designing a successful total rewards strategy
- An introduction to communicating the value of a total rewards package
Market Pricing - Conducting a Competitive Pay Analysis
- How to design a total rewards program, including a base-pay structure
- Market pricing and business strategy, including, compensation philosophy, market position, and business life cycle
- Market-based pay versus a pure market pricing approach – and the pros and cons of market-based job evaluations and pay design
- Understanding salary survey data so you’ll know which options are most relevant for your business and employees
- Leveraging salary survey data via aging, blending, adding a premium, weighting, modeling, and regression analysis
Run this course in-house
For over 29 years, Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.
Bespoke training designed for your organisation only, combining traditional classroom setting, blended and online learning models
Is this course for you?
Who Should Attend
Total Rewards Management
It is well suited for HR professionals, as well as those specializing in total rewards, remuneration, compensation, benefits and payroll. Organizational leaders may also benefit by understanding how the total rewards model drives organizational success.
Market Pricing - Conducting a Competitive Pay Analysis
The course is ideal for HR and Compensation professionals responsible for salary benchmarking and compensation program development. It is also well suited to professionals who lead programs in total rewards, remuneration, compensation and benefits, as well as people leaders who want to better understand market pricing.
Course Information
Program level: Essential, Intermediate & Advanced
LEARN MORE ABOUT THIS TRAINING COURSE
Run this course in-house
For over 29 years, Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement