New normal has changed the way we approach business and people practices. Compensation & rewards too need a completely different approach. Are you prepared?

Overview

Compensation is an important tool to attract, motivate and retain talent.  HR’s role is to help businesses and organizations manage the balance between inherent conflicts in compensation for optimal business results. This highly interactive & practical program is designed to equip participants with required technical know-how to constantly create and remain ahead of curve in the total rewards approach suitable for the changing business scenario.

Target Audience

All HR professionals managing compensation portfolio

Outcomes

  • Understanding linkage of reward strategy to business strategy
  • Understanding Total Rewards principles & framework
  • Understanding benchmarking of reward practices
  • Ability to develop & deploy rewards philosophy, strategy & plan
  • Understanding of compensation planning process and its administration
  • Ability to structuring the rewards mix using market benchmarks, performance and ability to pay
  • Enhanced knowledge of technology based solutions

Coverage

  • Compensation – A Management Tool
  • Understanding Total Rewards
  • Key trends in rewards management
  • Current challenges and future of C&B
  • Structuring the rewards mix
  • Determining amount to pay
  • Benchmarking to market.
  • Determining quantum of rewards
  • Leveraging compensation increases attraction, motivation & retention
  • Regulatory impact on compensation
  • Leveraging latest technology in C&B

Offerings

  • F2F, Live Virtual Class & Webinar mode
  • Credits based attractive corporate scheme
  • Pick & choose from a ready list or we can create one for you
  • Facilitators with 15+ yrs. experience with deep subject knowledge & specialization

Optional Customisation

  • Duration of programs
  • Multiple sessions can be organised during the day
  • Training needs analysis prior to design and delivery for maximum program value and impact

Program Information

Testimonials

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