professional development courses


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Compensation and Benefits Strategy Masterclass

Compensation and benefits programmes are a core element in every organisation’s people programme. Not only the most visible elements of an employee’s remuneration package, compensation and benefits are of interest to investors as well as regulators, governments and even customers.Balancing an organisation’s compensation and benefits package is critical in order to meet its short-term and long-term goals, create a consistent message and meet the concerns (and demands) of its investors. If organisations do not often take a step back and review the strategic goals of their compensation and benefits programmes, they run the very real risk of having schemes that reward unacceptable behaviour and do not motivate, retain or develop targeted employees.

Turning 'Theory' into 'Practice'?

This workshop is not a “how to” on building compensation and benefits plans but a Masterclass in defining the role of total compensation in achieving an organisation’s strategy. This highly interactive workshop draws upon the latest research, the facilitator’s personal experiences in senior Comp & Benefits and Line HR roles and the delegate’s own experiences. The workshop will equip attendees with thea) knowledge, tools and techniques toa. define the purpose of compensation in their organisationb. articulate the role and value of the Compensation and Benefits functionc. measure the success (or failure) of those programmesd. effectively communicate compensation and benefits as a part of a broader people strategye. focus on a total compensation approach with particular emphasis on non-cash rewardsb) personal skills and knowledge to improve their own HR proficiency.Delegates will be encouraged to share personal experiences and learn from each others successes.Participants will be encouraged and supported to build a personal development plan for future success.

Who should attend?

Experienced Compensation and Benefits professionals, who are seeking to either clarify their role, wish to understand how they can measure their success or those who are simply seeking to improve their skills and knowledge. Senior HR managers who are tasked with managing teams of HR Compensation & Benefits professionals and would like an overview of the importance of the role and its impact on the organisation and other parts of the HR function. Anyone involved in designing and implementing compensation and benefit plans including LTI, pensions, salary reviews, benefit provisions; as well as those professionals who are responsible for areas linked to compensation e.g. performance management, employee engagement, talent management.This workshop is not appropriate for professionals who do not either have significant compensation and benefits experience or are not managing a Compensation & Benefits team Note: This course can also be delivered as an In-Company solution tailored to your unique training requirements including pre-course, on-site training needs assessment.

Key areas to be covered in the programme and documentation

The role of Compensation within the organisation
• Defining the role and purpose of compensation
• The importance of perception and communication
• Recent research 


The role of the Compensation and Benefits function
• Defining the value of C&B within your organisation
• How C&B links to the wider HR function
• How C&B can work with the wider HR community to deliver integrated tactical and strategic programmes
• The importance of perception and communication 

Building a Total Compensation Plan (with a focus on non-cash reward)
• Defining total compensation and articulating its importance to the organisation
• Defining non-cash rewards
• Measuring and communicating non-cash rewards
• Introducing the concepts of employee branding and employee value proposition

Refining key skills (dependent upon the needs of the delegates)
• The core competencies of a successful HR professional (focus on building relationships and business acumen)
• Implementing ‘change’ – an introduction
• Making performance improvement your core deliverable
• Building your personal workplace credibility and courage
• What working in partnership looks like (including hints and tips) 

Personalised Feedback
• Participants will be offered individual coaching, worksheets and exercises to build a development plan for success
• Participants will be offered the opportunity to discuss their experiences and work through either fellow delegate issues or case studies

Benefits to you

•Understand how Compensation and Benefits can impact an organisation and enhance your awareness of how you can manage and meet stakeholder demands
• Understand how to measure the success of both your role and your team
• Refine a number of core HR skills and knowledge, insight into your own skill set and receive professional help in building a personal development plan for future success
• Review your organisation’s Comp & Benefits programmes against a range of other organisations and industries

Companies already benefiting include:

Duration of Course

2 days Day Course

Course details

Please contact our office at +44 203 002 3057 for any additional information about the course

Looking to train larger teams in this subject?

dzingim@marcusevansuk.comTailored in-house/in-company training courses and bespoke strategy workshops designed and delivered on-site throughout Europe according to your specific requirements.

All management, personal development and project management public courses featured in our Course Directory are also delivered on an In-Company basis.

Click Here for information on how this course can be delivered for you as an In-Company Training Solution

 


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Further information

UK Enquiries: +44 (0) 203 002 3057
or dzingim@marcusevansuk.com

Non-UK Enquiries: +420 (0)2 5570 7246
or training@marcusevanscz.com

North American Enquiries: +1 312 540 3000 X6714 or emilyj@marcusevansch.com

dzingim@marcusevansuk.com - Marketing Manager EMEA - Professional Training


UK Enquiries: +44 (0)20 7647 2383 : salesenquiries@marcusevansuk.com
European Enquiries: +420 (0)2 5570 7246 : training@marcusevanscz.com

Testimonials

"This course will allow my company to develop its existing strategies to a much greater and hopefully profitable level."

Managing Director, Tarmac