Developing a Reward Strategy

CIPD

CIPD

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Who should attend

Developing a Reward Strategy is perfect for you if you’re a senior HR or reward practitioner with responsibility for remuneration strategy, policy and development. The course is suitable for those in the private, public and voluntary sectors. You’ll discover the theoretical and practical issues in developing a reward strategy, and how to develop your own reward strategy unique to your organisational circumstances.

About the course

Identify the major factors that need to be taken into account when developing an effective reward strategy for your organisation.

Details

This two-day Developing a Reward Strategy course provides a practical introduction to the process of reward strategy development through action planning, case studies and group discussions. You'll gain the skills, theory and specialist knowledge needed to implement effective reward strategies, and associated processes, to build on your organisation’s success. As part of the programme you'll build the first steps to develop the reward strategy for your organisation.

Benefits

This course can make a huge difference to you and your organisation in a number of ways. You'll learn to improve employee and organisational performance with a competitive reward strategy to gain maximum return from your reward investment.

Programme

What is a reward strategy?

  • objectives and success measures

Understanding the reward environment

  • business environment and organisational needs
  • HR environment
  • employee motivation and needs
  • organisation values

Reward strategy design

  • total reward
  • strategy development
  • links with other HR programmes
  • developing the plan, tools, communication, success measures
  • the change process

Reward components

  • overview of reward tools and techniques (as appropriate for the group)
  • total reward
  • programme options
  • success measures

Evidence-based strategy design

  • understanding the framework
  • evidence-based success criteria
  • measures

Reward philosophy

  • Guiding principles
  • examples

Reward strategy development

  • the process of developing a reward strategy
  • current practice

Implementing your reward strategy

  • the paradoxes
  • barriers to success
  • enablers

Action planning

  • learning from extensive case studies
  • develop the first building blocks for your reward strategy.

Experts

Jean-Pierre Noel

Jean-Pierre Noel, Executive Remuneration Coach, and former SVP Global Reward, InterContinental Hotels Group With 25 years’ global HR experience with major multinationals, including over 12 years’ operating at Board level as a Senior Vice President on the Global HR Leadership Team of two FTSE 50 c...

Developing a Reward Strategy at CIPD

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

We are happy to help you find a suitable online alternative.