CIPD Level 7 Advanced Award in Reward Management

CIPD Training
Course summary
Length: 12 months
Price: 4,339 GBP excl. VAT
Provider: CIPD Training plus
Course type: Open / Scheduled
Next available date: 19/06/2017 09:30 - London
Course Dates
London
19/06/2017 09:30 
4,339 GBP
26/09/2017 09:30 
4,339 GBP

CIPD Level 7 Advanced Award in Reward Management

CIPD Level 7 Advanced Award in Reward Management

This CIPD qualification provides insights and advanced skills in reward management. Professionals seeking recognition and advancement in their human resources careers will find this advanced HR qualification to be highly practical and relevant to their daily roles.

The Reward Management programme explores the in-depth technical aspects of  reward management and covers key strategies needed to develop tailored strategies and solutions for real organisational needs.

This unique programme brings the CIPD’s research, knowledge and training expertise together with leading practitioners and consultants in the field, to provide you with a recognised qualification based on leading-edge thinking and highly practical approaches.

Suitability - Who should attend?

The CIPD Level 7 Advanced Award in Reward Management qualification provides a clear path for professional recognition and is ideal for HR generalists wishing to develop in their generalist role or progress into a specialist or consultancy role in human resources.

Outcome / Qualification etc.

Upon successful completion of the programme, you’ll be awarded the CIPD Level 7 Advanced Award in Reward Management. The qualification is accredited by the CIPD, and equivalent to QCF level 7.

On successful completion of the CIPD Level 7 Advanced Award in Reward Management you will be able to:

  • assess and utilise all the key components of reward management, including contemporary approaches and developments
  • diagnose reward issues and determine an appropriate fit between reward schemes and the business and wider external context
  • apply reward knowledge and skills with confidence in public, private or voluntary sector settings
  • optimise the effectiveness of reward budget spending
  • ensure that pay systems are not discriminatory
  • develop the reward programme so that it is adaptable and does not become a source of competitive disadvantage
  • analyse the relationship between the environment, strategy and systems of reward management
  • explore the conceptual apparatus and theoretical debates informing reward management
  • critically discuss traditional, contingent and knowledge bases for transactional and relational rewards
  • design internally consistent reward structures that recognise labour market and equity constraints
  • analyse executive and expatriate rewards in an international context.

        Training Course Content

        Course Module 1 : Introductory Workshop - Duration: 1 day

        • identify the key requirements of the Award
        • define the components of reward
        • analyse the links between reward, the organisation and the external environment
        • explain the factors that influence people to join or leave an organisation
        • identify the factors that create engagement and motivate employees to deliver high performance
        • evaluate the skills required of reward specialists.

        Course Module 2 : Base and Variable Pay - Duration: 2 days

        • Structuring and managing base pay
        • Designing variable pay programmes
        • Delivering on-going financial support to your business organisation

        Course Module 3 : Benefits, Pensions and Share Schemes - Duration: 2 days

        • Making an influential contribution to the management of your organisation's benefit plans, pensions, and share schemes

        Course Module 4 : Reward in Context - Duration: 2 days

        • Case studies to deliver the specialist knowledge needed to aligning reward strategy with the business, HR and organisational strategy
        • The reward environment in which the organisation operates and looks at the resources required to manage reward schemes

        Course Module 5 : Global Mobility - Duration: 1 day

        • Global mobility
        • Managing your company's assignment programme
        • Develop and negotiating  expatriate packages
        • Managing the interface with third party providers

        A blended learning approach

        This training programme blends face-to-face and self-study learning methods (within the CIPD Virtual Learning Environment).

        Expenses

        Student fees are: £4,399 + VAT

        The fees include all tuition, personal tutor support, assessment, examination fees, course material and access to the dedicated Virtual Learning Environment. They do not include travel, accommodation or registration as a studying member of the CIPD (mandatory for all candidates who are not already CIPD members).

        Provider: CIPD Training

        CIPD training

        Shaping the future of the HR and L&D profession. The CIPD is championing better work and working lives, setting the benchmark for excellence in people and organisational development.  With more than 100 programmes, CIPD Training is one of the UK's...


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        Contact information for CIPD Training

        CIPD Training


        151 The Broadway
        SW19 1JQ London

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        Reviews by course attendees

                  (5)
        Simon   |   26/02/2014
        This is a brilliant course, without a doubt the pre-eminent advanced Reward management certification in Europe. Equivalent to a masters level qualification, this is suitable for senior / advanced Reward and Compensation professionals.
                  (5)
        Karen   |   07/08/2013
        The qualification has opened my eyes to the rest of the world again. You learn from the experiences of other people on the course and where they are going, and I think it pushes you again. Karen