Reward Management Sessions
Modules
Details
Reward Strategy
During this module we will discuss the important role that Total Rewards plays in the wider Employee Experience and how this can help organisations to deliver on their business strategy. We will discuss latest trends in Total Rewards, share examples of how other companies have approached this and how a Rewards strategy can differ from one organisation to another based on their unique situation.
Career Architecture
Our Career Architecture module will cover the evolving building blocks of a reward and career framework. A formal job architecture and systematic job levelling approach enable employers to consistently and fairly apply Total Rewards programmes, ensure organisation effectiveness and help employees navigate their careers.
Base Pay and Fair Pay
Base pay continues to be the top attraction and retention driver for employees yet employers underplay its importance, in this module we will discuss how base pay models have evolved over time, how companies tend to manage base pay and review latest trends on how more organisations are moving to skill-based pay. We will cover different pay structure design options, including the pros and cons and implementation considerations that are critical to consider depending on your organisation’s philosophical preferences.
This module will also cover Fair Pay, which for all employers is a key area of focus as around the world there is an expectation that companies can demonstrate that they are paying employees fairly.
Performance Management and Pay for Performance
This module will cover the importance of modernising performance management and pay for performance to deliver value to both employees and the organisation in today’s fast-changing world of work. We will discuss the different ways to link pay to performance and review the typical variable pay plans that organisations use to deliver performance-based pay.