Total Rewards Management: Compensation, Benefits and Beyond
Introduction
In today’s competitive business environment, organisations must go beyond traditional pay structures to design reward systems that attract, retain, and motivate top talent. This programme provides participants with a comprehensive understanding of **total rewards management**, combining compensation, benefits, and modern reward strategies to create a sustainable competitive advantage.
It is designed for HR professionals and leaders who want to transform reward practices into a powerful tool for driving performance and employee engagement.
Objectives
By the end of this programme, participants will be able to:
* Understand the **foundations of compensation and benefits** as part of total rewards.
* Apply job analysis, job descriptions, and job evaluation techniques.
* Design **salary structures, pay grades, and allowances** aligned with organisational goals.
* Build effective **benefits programmes** that meet employee needs while controlling costs.
* Conduct and interpret **compensation surveys** to ensure market competitiveness.
* Implement a **strategic total rewards framework** that balances monetary and non-monetary rewards.
Course Outline
Day One: Introduction to Total Rewards
* What is Total Rewards?
* The role of compensation and benefits in talent strategy
* Key elements of a total rewards framework
* Factors influencing compensation and benefits design
Day Two: Job Analysis and Job Descriptions
* The importance of job descriptions in compensation design
* Approaches to job analysis
* Writing effective job descriptions
* **Workshop:** Job description drafting and evaluation
Day Three: Job Evaluation and Pay Structures
* Job evaluation methods and systems
* The Hay System overview
* Designing effective pay structures
* Pay grades, spread, and progression
* Linking pay to competencies and performance
Day Four: Benefits and Allowances
* Types and purpose of allowances
* Regional practices in allowances and benefits
* Categories of employee benefits (short-term and long-term)
* Building an effective benefits program
* Managing costs while increasing perceived value
Day Five: Compensation Surveys and Market Alignment
* Purpose of compensation surveys
* Designing and conducting surveys
* Interpreting survey reports
* Benchmarking for market competitiveness
Day Six: Total Rewards Strategy in Action
* Integrating monetary and non-monetary rewards
* Performance management and rewards link
* Recognition and engagement programs
* Future trends in total rewards
* **Action Planning:** Building a total rewards roadmap for your organization
Training Methodology
The programme applies a **hands-on and interactive approach** to ensure participants can directly apply concepts in their organisations. Methods include:
* Real-life **case studies** from global organizations
* **Workshops** on job analysis, pay structure design, and benefits planning
* **Practical exercises** to simulate compensation challenges
* **Discussions and group activities** to share insights across industries
* **Action planning tools** to transfer learning back to the workplace
Who Should Attend
This programme is ideal for:
* **HR Managers, Compensation & Benefits Specialists, and HR Business Partners** seeking to strengthen their expertise.
* **Finance and Payroll Professionals** involved in reward budgeting and implementation.
* **Line Managers and Supervisors** who influence employee engagement and performance.
* **Organisational leaders** looking to align total rewards with strategy and culture.
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
