An intensive professional development training course on

Certificate in Compensation,
Benefit & Reward

Pay Strategy, Pay Design, Pay Ranges & Reward Strategy

Classroom Sessions

02-06 Sep 2024
Dubai - UAE
02-06 Dec 2024
London - UK
07-11 Apr 2025
London - UK

Online Sessions

27-31 May 2024
09-13 Sep 2024
07-11 Oct 2024
09-13 Dec 2024
06-10 Jan 2025
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Why Choose this Training Course?

This Certificate in Compensation, Benefit & Reward training course will utilise the latest research and examples of best practices to explain reward strategies from an administrative, strategic, and human perspective. Managing reward is directly linked to performance, productivity, retention, attitude, and the overall health of an organisation.

Compensation, pay, benefits, salary, and praise make up what is called ‘reward’. Reward is an integral and vitally important part of the structure of any organisation, from small to large and from government to private.

This AZTech training course will feature:

  • Reward from an administrative, strategic, and people perspective
  • How to design reward and compensation to suit the culture of your workplace
  • The strategic impact of motivation of people
  • How HR can design a reward system that assists the organisation in achieving its objectives
  • A “toolkit” of useful tools and practices that you can use after the course

What are the Goals?

By the end of this AZTech training course, participants will be able to:

  • Describe the economic, psychological, and motivational concepts that influence reward
  • Discuss the role of reward strategies and policies in an organisation
  • Assess their own organisation for fairness and equity
  • Defend the case for non-financial rewards in attracting, retaining, and motivating people
  • Outline the benefits of a total-reward approach to compensation

Who is this Training Course for?

This AZTech training course is suitable to a wide range of professionals but it will greatly benefit:

  • Human Resource Professionals
  • Those working in or recently transferred to compensation, benefits, or reward positions
  • HR staff who are responsible for the administration of benefits or reward
  • HR Business Partners
  • Anyone involved in salary, pay, and conditions of work
  • Managers involved in reward issues

How will this Training Course be Presented?

This very practical AZTech training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension, and retention of the information presented. This includes a very interactive presentation style and individual & group activities. Case studies will highlight the major teaching features. Role-Play and feedback will also be utilised to ensure goals are achieved.

The Course Content

Day One: The Context of Reward Management
  • Introduction to HR reward issues
  • Managing reward
  • The changing psychological contract
  • The importance of the total reward approach
  • An introduction to reward strategy
Day Two: Benefits, Performance-Related Pay, and Motivation
  • The psychology of motivation
  • Performance Management
  • Performance-related pay
  • Employee Benefits
  • Flexible benefit systems
Day Three: Job Analysis, Job Evaluation, and Equity
  • An introduction to Job or Occupational Analysis (JA)
  • An introduction to Job Evaluation (JE)
  • Salary and pay surveys
  • Inequality in reward – causes
  • Inequality in reward – solutions
Day Four:  Non-financial Rewards, Appraisal, and Empowerment
  • Non-financial rewards
  • Employee Participation
  • Employee Engagement
  • Why appraisal fails
  • Overcoming the main issues with performance appraisal
Day Five: Creating a Reward Strategy
  • Understanding strategy
  • Developing a reward strategy
  • CIPD Pay management survey
  • Executive and Expatriate reward issues
  • Personal action planning

The Certificate

  • AZTech Certificate of Completion for delegates who attend and complete the training course
  • The HRCI Approved Provider Seal and the corresponding Recertification Credit Hours Awarded will be reflected in the Certificate of Completion

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