Total Rewards is a comprehensive approach to employee compensation that includes all monetary and non-monetary benefits an employee gets from an organization. It helps employees evaluate the overall value of their employment package and employers to attract, motivate, and retain top talent. Ultimately, understanding Total Rewards leads to a win-win situation for both employees and employers and achieve their goals.
In this workshop, you will Learn how to design and manage Total Rewards programs that drive employee engagement and contribute to improved business results while ensuring employee fairness and equity.
This Workshop is Online Interactive Live Sessions Using Zoom
Duration: 15 Hours
Number of Sessions: 3 Weeks - 5 Sessions (3 Hours Each)
Two Days per Week Sunday & Tuesday 8:00 PM Till 11:00 PM (KSA Time)
Practical Case Studies
Participants will gain valuable insights into the various elements of Total Rewards and learn how to develop and implement comprehensive Total Rewards programs that align with organizational goals and enhance employee engagement and productivity.
Understand the concept of Total Rewards and its significance in engaging with the business and improving business results.
Explore the strategic styles of business and their influence on the design of Total Rewards programs.
Identify the core capabilities of organizations and how they shape the People Strategy and Total Rewards approach.
Examine different rewards and their contribution to the Total Rewards Model, including benefits, compensation, work environment, and capability growth.
Learn about the 6Ps of Total Rewards (Philosophy, approach, parity, positioning, delivery, and mix) and their significance in creating a comprehensive Total Rewards program.
Recognize the importance of internal equity in Total Rewards and develop strategies to build internal equity through job descriptions, documentation, review, and validation.
Explore the best job evaluation methods and their impact across different organizational functions.
Understand the role of job evaluation outcomes in measuring external competitiveness and supporting market benchmarking objectives.
Learn how to effectively conduct market benchmarking, including appropriate position and comparator selection, as well as data source considerations.
Gain insights into pay management and salary structures, including different structures, key elements of pay management, and aligning pay range design with organizational goals and market competitiveness.
This course is recommended for:
HR Managers and Directors: Those responsible for designing and implementing Total Rewards programs within their organizations.
Compensation and Benefits Specialists: Professionals who want to enhance their knowledge of compensation and benefits practices and understand how they fit into the broader Total Rewards framework.
Organizational Development Professionals: Individuals interested in understanding how Total Rewards can be used to shape and support the organization's people strategy.
HR Consultants: Those working as external consultants and advising organizations on their Total Rewards strategies.
HR Business Partners: Professionals who work closely with business leaders and want to align Total Rewards programs with the organization's strategic goals.
Compensation Analysts: Individuals involved in analyzing and evaluating compensation data and designing salary structures.
HR Generalists: Professionals who have a broad understanding of HR practices and want to specialize in Total Rewards.
The concept of Total Rewards and its importance in engaging with the business and improving business results.
Strategic styles of business and how they influence the design of Total Rewards programs.
Core capabilities of organizations and how they shape the People Strategy and Total Rewards approach.)
Total Rewards Model
Different types of rewards, including benefits, compensation, work environment, and capability growth, and how they contribute to the Total Rewards Model.
The 6Ps (Pay elements) of Total Rewards (Philosophy, approach, parity, positioning, delivery, and mix) and their significance in creating a comprehensive Total Rewards program.
Importance of internal equity in Total Rewards
How to build internal equity through job descriptions, documentation, review, and validation.
Best job evaluation methods and their impact across different organizational functions.
Job evaluation outcomes, including how it helps measure external competitiveness and supports market benchmarking objectives.
Market Benchmarking Objectives.
Conduct market benchmarking effectively, including appropriate position, comparator selection, and data source considerations.
The job matching process and the critical focus areas for accurate market benchmarking.
Data analysis and interpretation in the context of market benchmarking and its impact on Total Rewards decisions.
Challenges of market benchmarking and how to overcome them to ensure effective pay management.
Different types of salary structures, such as broad grades, multiple grades, career bands, and market reference points, and understanding their benefits and drawbacks.
Key elements of pay management including pay policy line, salary structure, range spread, midpoint progression, salary structure overlap, and comparative ratio.
Pay range design in aligning with organizational goals and market competitiveness.
Mr. Kareem is an expert in Total Rewards with over 14 years of practical experience in Human Resources Management. His expertise lies in Total Rewards, Organizational Development, HR Analytics, Personnel, and Payroll. Kareem has worked in various industries such as FMCG, Medical, Retail, and Construction across Egypt and the Gulf region. He holds an HR diploma from Arab Academy for Science, Technology & Maritime Transport
, and is certified as a Job Evaluation Expert by AON, a Certified Rewards Professional by AON, and a Certified Job Evaluator by Korn Ferry - HAY.
2- Bank Transfer