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Knowing what is required for an effective total rewards strategy will set you apart as a human resources professional. In this course, you will learn how to design and implement a total rewards program that meets your organizations specific needs and includes an ideal mix of rewards across the six rewards elements:

- Compensation

- Benefits

- Work-Life Effectiveness

- Recognition

- Performance Management

- Talent Development



Designed for new HR professionals, HR generalists and line managers, this course will empower you with the basic skills and knowledge to create a successful total rewards strategy for your organization. While developed to be an introduction to the total rewards system, the content goes beyond the basics to cover more advanced subjects such as aligning total rewards with your organizations culture, HR goals and business strategy.



Introduction to Total Rewards

Learn about the evolution of HR rewards; the total rewards model, strategy and approach; and drivers and elements of total rewards strategy.



Compensation
Discover the factors influencing compensation. Learn about base pay structure and design as well as differential pay and variable pay.



Benefits

Learn what influences benefits and about income protection for benefits and pay for time not worked programs.



Work-Life Effectiveness

Learn the basics of work-life effectiveness, the work-life professional and work-life portfolio.



Recognition

Learn about the value of recognition programs and how to use them to drive results along with the different types of recognition plans and programs.



Performance Management

Gain knowledge about performance management and learn about pay for performance, principles of merit pay programs, base pay investment and merit increase guidelines.



Talent Development

Discover the role of talent development in total rewards and learn about the types of talent development opportunities and how to measure their effectiveness.



Total Rewards – Pulling it All Together

Finish with a review of the total rewards system, process and design considerations to ensure you walk away with the knowledge to design and implement a total rewards program tailor-made for your organization and that communicates the value of total rewards.

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