Develop impactful total rewards programmes designed for workforces across the globe

INTRODUCTION

Global operations and expansion come with critical challenges. Navigating operations in a global marketplace requires vital insights for attracting, engaging, and retaining a diverse workforce around the world. You need a comprehensive framework for evaluating global total rewards and compensation designs that are created with local sensitivity and a cohesive rewards philosophy aligned with your organisational strategy.

In this course, you will learn the considerations to examine as you create impactful total rewards programmes and fully optimise them to attract and retain high-performing talent on a global scale.

FORMAT

• Delivered by an experienced instructor.
• Live-streamed course (Zoom) with a small number of participants in a virtual classroom style.
• This is an interactive programme so that you will be able to consider the issues discussed in the context of your organisation and your experience.
• Slides, discussion and very short exercises will be used.

WHAT YOU WILL LEARN

• How to navigate the complexities of managing compensation and rewards in a multi-national setting.
• The determinants influencing mobility choices and methods for ensuring equitable pay across your workforce.
• How all total rewards components including compensation, benefits, recognition, career growth, and well-being can support and optimise a global workforce.
• The key factors that impact successful cross-border mergers and acquisitions.

WHO SHOULD ATTEND

This course is ideal for professionals who want to gain broader knowledge of compensation policies and practices, and HR teams responsible for geographically dispersed teams or expatriate employees who need a foundation to help them reward and motivate globally diverse work groups.

If you have several years of experience in reward, you will find this course gives you a valuable review of standard practice and theory, along with an update on current trends in compensation.

ENTRY CRITERIA

• We recommend taking Managing Global Rewards as the final course toward your GRP certification.
• To get the most out of this course, you will need to have working knowledge of the WorldatWork total rewards model, compensation fundamentals of a total rewards strategy, labour regulations, base pay systems, variable pay programmes and market pricing.
• Entry- to mid-level HR and reward professionals interested in understanding compensation programmes.
• If you have several years of experience in reward, you will find these courses give you a valuable review of standard practice and theory, along with an update on current trends in compensation.

LENGTH OF STUDY

You should plan to spend approximately nine hours in a virtual class and six hours on self-guided work. Prework may be required in preparation for the first day of class.