Total Rewards: Compensation and Benefits

HR226
$1495.00

Attracting, engaging and retaining employees is a critical focus for every organization. Understanding the crucial components of compensation and benefits and ways in which they impact employees is an important consideration to effectively communicate and offset issues and concerns. Recognizing the link between Total Rewards and other HR practices such as performance management and talent management prepares the HR practitioner to consider how to optimize organizational and individual success through rewards and incentives.

  • Understand the impact of Total Rewards on the business and becoming an "employer of choice"
  • Identify the trade-offs in developing a Total Rewards strategy
  • Understand the link and importance of Total Rewards to drive performance and engagement
  • Learn how to become an effective communicator and advocate on the benefit and value of Total Rewards to employees

Key Topics

  • Preparing a Total Rewards strategy
  • Legal Considerations
  • External and Internal Benchmarking
  • Job Analysis and evaluation
  • Incentive design options
  • Annual pay and benefit cycles
  • Driver to engagement and retention
  • Communication and messaging to the workforce