Recommended for:
The Reward in Context course is for you if you’re an HR generalist, or reward
practitioner, with an interest in (or responsibility for) maximising the effectiveness of reward polices and strategies in line with broader organisation contexts. It covers important aspects of reward such as executive pay and the remuneration committee.
Course overview:
This wide-ranging Reward in Context course reflects on the impact modern reward management has on company reward schemes, regardless of your company’s size.
This course is practical and interactive; using case studies to deliver specialist knowledge deemed critical to aligning reward strategy with the business; HR and organisational strategy. It addresses the reward environment in which the organisation operates and looks at the resources required to manage reward
schemes.
Course benefits:
By the end of the Reward in Context course you will be able to:
- align reward policies and strategy with the business, HR and organisational strategy
- identify the reward environment in which the organisation operates
- take a planned approach to managing change in relation to reward
- assess the impact of corporate governance on executive reward and the operation of the remuneration committee
- explain the requirements of equal pay legislation
- determine the resources required to support and manage reward schemes
- identify the key risk factors related to reward.
Additional information:
The Reward in Context course can be completed as a standalone course, or as part of the CIPD Advanced Level Award in Reward Management.
In-house training
The Reward in Context course can also be provided in-house. This is a cost-effective approach if you have a number of people who require training. You choose where and when you want our trainers to deliver. We can also tailor the Reward in Context course content to suit your precise organisation needs.
To speak to an adviser about your particular requirements call our in-house training team on +44 (0)20 8612 6202.
Course title:
Reward in Context
Duration:
2 days (Non-residential)
Dates and prices:
5 March 2012, Londonavailability: 
Non-member price: £1110 + VAT
28 June 2012, Londonavailability: 
Non-member price: £1110 + VAT
25 September 2012, Londonavailability: Non-member price: £1110 + VAT
5 December 2012, Londonavailability: Non-member price: £1110 + VAT
In-house Training
Reward in Context can also be provided in-house. This is a cost-effective approach if you have a number of people who require training. You choose where and when you want our trainers to deliver. We can also tailor the course content to suit your precise organisation needs.
To speak to an advisor about your particular requirements call our In-house team on +44 (0)20 8612 6202.
HR and Reward strategy
- business, HR and reward strategy
- guiding principles and reward philosophy
- the impact of scale and sector
- the psychological contract, motivation and engagement
Managing Reward
- market intelligence and awareness of competitive practice
- employment and discrimination law as it applies to reward programmes, including international differences
- line manager involvement and responsibilities
- diversity and equal pay
Communicating reward
- importance, levels and methods of communication
- employee and line management involvement
Change Management
- mergers and acquisitions
- due diligence and data rooms
- post-acquisition harmonisation
- public sector change processes in focus
- key change management considerations
Executive remuneration
- as an influence on the pay environment
- the role of the remuneration committee
- the UK Corporate Governance Code, NAPF, ABI and RREV, European and international regulations
- annual report of the remuneration committee
- effective use of independent advisers
- conducting remuneration committee meetings
- international and sector comparisons
Managing risk
- identifying the major risks in reward
- action plans to manage risk
The reward function
- alternative approaches to reward function design
- using reward consultants effectively
- career paths
Action planning