Total Rewards and Compensation Strategy Design

Course objectives

• Design a total rewards philosophy that supports the organisation's talent strategy
• Conduct job evaluation and grading using a recognised methodology
• Benchmark pay against relevant labour markets and interpret survey data
• Structure a benefits package that balances cost against employee value
• Run a pay equity audit and correct identified anomalies defensibly

Who should attend

• Compensation and benefits specialists
• HR directors and reward managers
• Payroll and finance managers involved in remuneration decisions
• HR business partners in multi country organisations
• Reward committee members

Course outline

1. 01Building a total rewards philosophy linked to business strategy
2. 02Job evaluation, grading and career architecture
3. 03Market benchmarking and interpreting salary survey data
4. 04Designing benefits and non cash reward elements
5. 05Pay equity auditing and remediation
6. 06Governance, communication and rollout of reward changes

Scheduled sessions