Euro-training Center
 Total Rewards H2600 QR Code
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Total Rewards

Overview:

Introduction:

This training program provides participants with a comprehensive understanding of total rewards management, encompassing compensation, benefits, recognition, and work-life balance initiatives within organizations. It empowers them to attract, retain, and motivate talent while fostering a culture of engagement and productivity.

Program Objectives:

At the end of this program, participants will be able to:

  • Understand the principles and components of total rewards management.

  • Learn strategies for aligning total rewards with organizational goals and objectives.

  • Develop skills in designing and implementing competitive compensation and benefits programs.

  • Gain insights into employee recognition and work-life balance initiatives.

  • Enhance capabilities in evaluating and optimizing total rewards programs for maximum impact.

Targeted Audience:

  • HR Managers.

  • Compensation and Benefits Specialists.

  • Total Rewards Analysts.

  • Talent Acquisition Professionals.

  • Employee Relations Managers.

  • Organizational Development Specialists.

Program Outline:

Unit 1:

Introduction to Total Rewards Management

  • Overview of total rewards concepts, principles, and frameworks.

  • Understanding the role of total rewards in attracting, retaining, and motivating talent.

  • Aligning total rewards strategies with organizational objectives and culture.

  • Analyzing the impact of total rewards on employee engagement and performance.

  • Case studies on successful total rewards management practices.

Unit 2:

Compensation Management:

  • Principles of compensation management and salary structures.

  • Designing competitive compensation packages to attract and retain talent.

  • Conducting job analysis and evaluation to determine equitable pay.

  • Steps for implementing pay-for-performance and variable pay programs.

  • Practical exercises on designing and benchmarking compensation programs.

Unit 3:

Benefits Administration:

  • Overview of employee benefits programs, including health, retirement, and wellness benefits.

  • Steps for designing and managing benefits packages to meet diverse employee needs.

  • Evaluating and selecting benefits providers and vendors.

  • Communicating and educating employees about benefits offerings.

Unit 4:

Employee Recognition and Engagement:

  • Importance of employee recognition in enhancing engagement and morale.

  • Steps for implementing employee recognition programs and initiatives.

  • Creating a culture of appreciation and acknowledgment within the organization.

  • Evaluating the effectiveness of employee recognition strategies.

  • Real-world examples of successful employee recognition programs.

Unit 5:

Work-Life Balance Initiatives:

  • Understanding the significance of work-life balance in employee well-being and productivity.

  • Steps for implementing flexible work arrangements and telecommuting programs.

  • Providing support for employee wellness, mental health, and family needs.

  • Balancing organizational goals with employee work-life balance preferences.

  • Case studies on effective work-life balance initiatives in diverse workplaces.

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