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Advanced Compensation Management |
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Program Objectives: By the end of the program, participants will be able to: - Know the linkage between compensation and business success.
- Match compensation systems to organization culture.
- Understand the importance of performance based rewards to the Total Rewards concept.
- Discover the future of compensation in the region.
- Discuss the growing trends towards a work/life balance.
This Program is designed for: Senior HR professionals, compensation managers and senior company executives wishing to broaden their knowledge of this important topic. This program is worth 25 NASBA CPEs. Program Fees: Per participant - USD 3700 Frequent nomination - USD 3330 (including coffee breaks and a buffet lunch daily) One extra free place for every 2 paid nominees on the same program and dates Discount Plans, Refunds & Cancellations Policy Meirc reserves the right to alter dates, content, venue and trainer with a reasonable notice time. Program Outline: | The Executive Compensation Framework - Establishing the Context
- The Notion of Fairness - What Does It Mean?
- Definitions - Executive and Compensation
- Linkages
- Compensation Elements
- The Executive Compensation Mix
Design of Executive Compensation Programs - Linkages - Business and Compensation
- Compensation Strategy - Connectors and Constraints
- The Compensation Strategy Development Process
- Philosophies Governing Executive Compensation Design
- Compensation Strategies For Your Industry - Horses for Courses
- Utilizing a Total Compensation Approach
- Importance of Good Communication
- What Does Competitive Mean To You?
Performance Based Rewards - Key Elements of Reward
- Types of Incentive Programs
- Development of an Incentive Program - A Practical Approach
- Implementation - Key Success Factors
- How Much To Pay and What For?
- Funding
- Final Comments
| | Corporate Culture and Compensation - Culture and Compensation - What The World Is Saying and Doing
- Training and Its Importance in Performance Management
- Building an Entrepreneurial Spirit through Compensation
- Importance of Communication
The Future - Trends
- Have You Considered Retirement?
- Some Interesting Perspectives on Compensation
- The Relationship Between Work and Life - Getting The Balance Right
Frequently Asked Questions - Answers to Questions on Compensation Management You Never Knew You Had
Breaking News - Up to the Minute News on Trends in Compensation Management as They Happen
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