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Reward in Context

CIPD Training
Course summary
Length: 2 days
Price: 1,110 GBP excl. VAT
Location: London
Next available date: 13/12/2017 09:30 - London
Provider: CIPD Training plus
Course type: Open / Scheduled

Course Description

Reward in Context-- 2-Day Short Course by CIPD

Offered by CIPD, this 2-day Reward in Context course helps organisations align reward policies with business strategy. Through practical and interactive learning tools, particularly case studies, participants will develop specialist knowledge critical to HR and organisational needs. This course addresses the reward environment in which the organisation operates and analyzes the resources required to manage reward schemes. By the end of the course, participants will have learned to

  • identify the reward environment in which the organisation operates
  • take a planned approach to managing change in relation to reward
  • assess the impact of corporate governance on executive reward and the operation of the remuneration committee
  • explain the requirements of equal pay legislation
  • determine the resources required to support and manage reward schemes
  • identify the key risk factors related to reward.

Suitability - Who should attend?

This 2-day Reward in Context course is suitable for HR generalists, reward practitioners, or those with an interest in maximising the effectiveness of reward polices and strategies in line with broader organisation contexts.

Training Course Content

The training content for this programme is as follows: 

HR and Reward strategy

  • business, HR and reward strategy
  • guiding principles and reward philosophy
  • the impact of scale and sector
  • the psychological contract, motivation and engagement

Managing Reward

  • market intelligence and awareness of competitive practice
  • employment and discrimination law as it applies to reward programmes, including international differences
  • line manager involvement and responsibilities
  • diversity and equal pay

Communicating Reward

  • importance, levels and methods of communication
  • employee and line management involvement

Change Management

  • mergers and acquisitions
  • due diligence and data rooms
  • post-acquisition harmonisation
  • public sector change processes in focus
  • key change management considerations

Executive Remuneration

  • as an influence on the pay environment
  • the role of theremuneration committee
  • the UK Corporate Governance Code, NAPF, ABI and RREV, European and international regulations
  • annual report of the remuneration committee
  • effective use of independent advisers
  • conducting remuneration committee meetings
  • international and sector comparisons

Managing Risk

  • identifying the major risks in reward
  • action plans to manage risk

The Reward Function

  • alternative approaches to reward function design
  • using reward consultants effectively
  • career paths

Action Planning

Expenses

The cost for this 2-day CIPD qualification is: 

  • Full Up-Front Qualification Fee: £1,110 + VAT
  • Member Fees: £1,000 + VAT

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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CIPD Training


151 The Broadway
SW19 1JQ London

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