Total Rewards in Alignment

This program provides conceptual knowledge on Total Rewards and helps in aligning the rewards strategy to the HR and overall business strategy. It also helps link the rewards strategy to the value of work that is contributed by employees.

Mid to senior level HR professionals with a minimum experience of 7 years are most suitable for this program.

Program Outcomes

• Understand linkage of reward strategy to talent strategy of an organization,
• Understand concepts and practices of benchmarking reward practices,
• Understand the rewards philosophy; it's structuring and design, the compensation planning process, its administration and broad understanding of the regulatory framework governing compensation and benefits.

Content

The 6 modules that make up this program include:

• Concept of Total Rewards Management
• Defining a Rewards Strategy
• Economics of Rewards
• Reward Mix
• Benchmarking
• Determining the quantum for rewards
•