Study Method
Blended
Start Date
May 18 2016
Length of Course
TBA
Fees
1,055 per person
Location
TBA
Reward Management: Intermediate Level
DAY ONE
Linking business objectives and reward policy and practice
Remuneration strategy
Salary policy
Processes
- Job measurement
- Salary structures
- Internal equity
- Maintenance/salary planning and budgeting
- External competitiveness
- Cost/tax effectiveness
Executive compensation
Equity
Governance
- Conducting and interpreting a gender pay audit
DAY TWO
Components of reward
- Base salary and its constituent parts
- Cash allowances and guaranteed payments
- Variable pay
- Short-term bonus/incentive
- Long-term incentives
- Non-cash compensation – benefit plans
- International context
Appraising and rewarding performance
- Linking talent management and reward
The use of market data
- How to assess your own organisation’s competitiveness.
- HR metrics and ‘Big Data’
Communications
- Total reward statements
The role of HR
Next class
John has been in reward consulting for over 30 years and has specialised in developing creative, innovative and flexible compensation systems to fit specific client requirements. He has worked on consulting assignments in 56 counties in North and South America, South Asia plus Continental Europe and, more recently, Africa. His initial experience was at ECA, one of the world’s leading cost of living and expatriate information providers, and he has worked with cost of living data from all the major providers. John has also established and operated an independent consultancy and has worked at Director level.
Principal tasks have included the design, development, implementation and review of expatriate compensation programmes. Projects have included:
- M&A assignments, from due diligence through to integration and roll out of compensation structures
- conducting bespoke local national pay data surveys (including 12 African countries) as well as industry specific international salary surveys.
Additionally, John has run reward management and expatriate reward training courses in eight countries to both in-house staff and open multi-company, multi-country participants.