To implement a total rewards plan, business leaders must tackle a broad range of challenging questions— everything from who will design the plan and what types of rewards it will include to how the plan will be funded and under what business conditions the plan is intended to operate. This highly informative session encompasses not only compensation and benefits but also personal and professional growth opportunities and the importance of a motivating work environment.
The course will focus on current trends and common approaches to:
Total Rewards: 4 quadrant model
Compensation Models – base and at risk
Learning and Development and Work Environment
Upon course completion, participants are able to explain and apply their understanding and knowledge for development of reward models in their organization.