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Total Rewards Management / Market Pricing Compensation Training

Attract, motivate, engage, and retain employees with an effective rewards program. Learn to use effective compensation analysis methodology to determine a job’s market value through this market pricing compensation training course.

Sign up for our Total Rewards Certification course

Create rewards packages that match the needs of employees and the organisation.

Why Attend?

Total Rewards Management

To consistently attract, motivate, engage, and retain valuable employees, it is critical to offer a rewards package that strategically matches the needs of employees and the organisation. Through seven different modules, our total rewards professional certification syllabus provides an excellent overview of total rewards and is perfect for those who are new to the field.

Market Pricing - Conducting a Competitive Pay Analysis

Learn to build competitive market-related pay structures that support your organisation’s compensation strategy and boost your odds of successfully attracting, retaining and motivating employees. You’ll learn a methodology for conducting competitive pay analysis; you’ll also be able to assess how your approach supports your organisation’s hiring and retention goals and compensation strategy. The skills you will gain from our market pricing compensation training will help you develop and design effective compensation packages and confidently convey to senior and executive leaders, people leaders, and employees how their market-related compensation is determined

Benefits of Attending

Total Rewards Management

  • The five elements of a total rewards strategy: compensation, benefits, well-being effectiveness, development, and recognition

  • The tools needed to formulate a total rewards program, including understanding the critical role of organisational culture, business strategy, and HR strategy

  • Internal and external influences on your total rewards strategy
    Designing a successful total rewards strategy

Market Pricing - Conducting a Competitive Pay Analysis

  • How to design a total rewards program, including a base-pay structure

  • Market pricing and business strategy, including compensation philosophy, market position and business life cycle

  • Market-based pay versus a pure market pricing approach – and the pros and cons of market-based job evaluations and pay design

  • Understanding salary survey data so you’ll know which options are most relevant to your business and employees

  • Leveraging salary survey data via ageing, blending, adding a premium, weighting, modelling, and regression analysis

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.

Experienced bespoke training designed for your organisation only, combining traditional classroom setting, blended and online learning models

Is this course for you?

Who Should Attend

Total Rewards Management

The Total Rewards certification course is well suited for HR professionals, as well as those specialising in total rewards, remuneration, compensation, benefits, and payroll. Organisational leaders may also benefit by understanding how the total rewards model drives organisational success.

Market Pricing - Conducting a Competitive Pay Analysis

The Market Pricing Compensation course is ideal for HR and compensation professionals responsible for salary benchmarking and compensation program development. It is also well suited to professionals who lead programs in total rewards, remuneration, compensation and benefits, as well as people leaders who want to better understand compensation market pricing.

Course Information

Program level: Essential, Intermediate and Advanced

Learn More About This Training Course

Delivered by Dr. Mark

Dr. Mark is recognized globally as a leading expert in compensation, benefits, HR, and performance management across industries & countries.

WorldatWork

For more than 65 years, WorldatWork has served Total Rewards professionals throughout the world working in organisations of all sizes and structures. Professionals from more than 93% of Fortune 500® organisations rely on WorldatWork for Total Rewards solutions.

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.