Location: Toronto, ON
Organized by WorldatWork
Attract, Motivate and Retain Employees with an Effective Rewards Program
Learn what is required to formulate a rewards program that has the power to attract, motivate and retain—total rewards. This basic-level, two-day course is designed to be the first course in the Certified Compensation Professional (CCP)/Certified Benefits Professional (CBP) sequence. Participants are introduced to the total rewards model and each of its components. Emphasis is given to the five elements of total rewards: compensation, benefits, work-life, performance and recognition, and development and career opportunities. On the third morning, an optional certification exam covers the content of this course.
Gain an understanding of total rewards management
Discover the five elements of total rewards
Understand the critical role of the main drivers—organizational culture, business strategy and human resources strategy
Learn the process of designing a successful total rewards strategy
Who Should Attend
This course is designed for professionals new to human resources, as well as HR generalists or line managers who want a basic overview of the components that can create an effective balance in employee rewards tools.
What You Will Learn
Introduction to Total Rewards
The evolution of rewards
The total rewards model
The total rewards approach
The total rewards strategy
Compensation
Elements of compensation
Building a job worth hierarchy
Components of a base pay structure
Types of base pay
Types of pay adjustments
Variable pay
Benefits
Benefits
Elements of benefits
Factors influencing benefits
Income protection programs
Pay for time not worked programs
Work-Life
Work-life
The work-life professional
The work-life portfolio
Performance and Recognition
Performance and recognition
Performance management
Performance management process phases
Phases 1 through 4
Recognition program |
