The Course Content
Day One: The Context of Reward Management
Introduction to HR reward issues
Managing reward
The changing psychological contract
The importance of the total reward approach
An introduction to reward strategy
Day Two: Benefits, Performance-Related Pay, and Motivation
The psychology of motivation
Performance Management
Performance-related pay
Employee Benefits
Flexible benefit systems
Day Three: Job Analysis, Job Evaluation, and Equity
An introduction to Job or Occupational Analysis (JA)
An introduction to Job Evaluation (JE)
Salary and pay surveys
Inequality in reward – causes
Inequality in reward – solutions
Day Four: Non-financial Rewards, Appraisal, and Empowerment
Non-financial rewards
Employee Participation
Employee Engagement
Why appraisal fails
Overcoming the main issues with performance appraisal
Day Five: Creating a Reward Strategy
Understanding strategy
Developing a reward strategy
CIPD Pay management survey
Executive and Expatriate reward issues
Personal action planning