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Reward Management Course

By: TSI Limited

Lagos State, Nigeria

16 - 18 Nov, 2015  3 days

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Learn what is required to formulate a rewards program that has the power to attract, motivate and retain total rewards. Participants are introduced to the total rewards model and each of its components. Emphasis is given to the five elements of total rewards: compensation, benefits, work-life, performance and recognition, and development and career opportunities

Course Objectives

  • Gain an understanding of total rewards management
  • Discover the five elements of total rewards
  • Understand the critical role of the main drivers — organizational culture, business strategy and human resources strategy
  • Learn the process of designing a successful total rewards strategy

Course Outline

  • Rewards Strategy
    • Formulating a human resource strategy
    • Formulating a total reward strategy
    • Determining the mix of rewards components
    • Establishing a competitive total rewards posture
    • Implementing a process for continuous evaluation of strategy
  • Performance Management
    • Defining performance at the organization, unit and individual levels
    • Developing performance criteria, measures and standards
    • Establishing the link between performance and rewards
  • Role Of HR and Management
    • Determining who will develop and execute strategies
    • Defining the role HR and management in developing programs
    • Defining the role of HR and management in administering programs
  • Base Pay Management
    • Designing and documenting employee roles (jobs)
    • Developing a relative internal value hierarchy (job evaluation)

 

Sizzler Place, 33, International Airport Road, Ajao Estate, Near Ibis Hotel, Lagos Nov 16 - 18 Nov, 2015
NGN250,000.00
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+1-646-202-8832, +2348033467639, +2348023019508,

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