Total Reward : Making Compensation an Integral Part of Talent Management Program (Total Reward)

Duration: 4 Classes Contact Hours: 8 Hours Method: Activity-based online sessions with tools, exercises, group work, peer-group learning and case studies. Assessment Method: ... Show more
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HRARD
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Making Compensation an Integral Part of Talent Management Program (Total Reward) 

M1.       Driving Success through Differentiation: Compensation and Talent Management

·     Rewarding your Top Talent: Total Reward Elements

·     Hay group Total Reward Framework

·     Total returns from work

 

M 2       Strategic Choices in Designing Internal Structure

·       Tailored versus Loosely Coupled

·       Egalitarian versus Hierarchical

M3 . Designing Performance Centric Incentive Structure

·       Design and implementation of an incentive pay plan

·       Using Long-Term Incentives to Retain Top Talent

·       Equity Theory and its practices in the Industry

·       Tournament Theory and its practices in the Industry

·       Institutional Model: and its practices in the Industry

M4.       Fostering Employee Involvement and Engagement through

·     Compensation and Benefits – Reward, Total Reward,

·     Pay Model, Pay Mix,

·     Compa- Ratio, CTC, Quartiles and Percentiles,

·     Strategic Choice in Designing the Pay Structure

 

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Course details
Duration 8 hours
Lectures 4
Video 8 hours
Level Advanced
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