INTRODUCTION

In this fascinating and cutting-edge Human Resource Management training course, incentive techniques will be explained from an administrative, strategic, and human perspective using in-depth case studies and the most recent research. Managing rewards has a direct impact on an organization's attitude, productivity, turnover, and overall performance.

What is referred to as "reward" includes income, benefits, salary, praise, and other forms of compensation. Any organization, no matter how big or small, public or private, rewards are an essential and critical component of its structure.

COURSE OBJECTIVES

By the end of the course, participants should be able to:

• Describe the key economic, psychological and motivational concepts that influence reward
• Discuss the role of reward strategies and policies in an organisation
• Contribute to the administration of employee-reward policies and processes
• Differentiate between the factors that influence employee satisfaction with the reward system
• Defend the case for non-financial rewards in attracting, retaining and motivating people
• Design a strategic reward plan

DURATION

5 Days

WHO SHOULD ATTEND

This training course is suitable to a wide range of professionals but it will greatly benefit:

• Human resource professionals
• Those who hold or have recently been promoted to positions in compensation, benefits, or rewards
• HR employees who are in charge of administering benefits or rewards
• HR business partners
• Anyone involved in salary, pay, and working conditions
• Managers and team leaders with responsibility for reward-related matters

.COURSE CONTENT

Day One: Reward in Context

• Business contexts
• Long term compensation trends
• Total reward concepts and approaches
• The make-up of the “pay-package”
• Assessing reward strategy – reward or failure
• Job evaluation

Day Two: Reward in Action

• The administration of reward
• The International perspective
• Equality in reward
• Executive pay – a different case?
• Public-sector and private sector contrasts
• Salary and pay surveys

Day Three: Performance and Pay

• Pay and motivation
• What really motivates people
• Performance management
• Appraisal and reward
• Performance based pay
• Bonuses and incentives

Day Four: The Benefits Package & Good Practice

• Development in employee benefits
• Flexible benefits
• Pensions
• Pay inequality – causes and solutions
• Principles of employee empowerment
• Employee participation

Day Five: Reward Strategy

• What is strategy?
• Reward strategies – essential or ineffectual?
• Reward and organizational structure
• Reward strategy as process
• Step-by-step guide to developing a reward strategy
• Personal action planning

GENERAL NOTES

• Our seasoned instructors, who have years of experience as seasoned professionals in their respective fields of work, will be teaching this course. A combination of practical exercises, theory, group projects, and case studies are used to teach the course.
• The participants receive training manuals and supplementary reading materials.
• Participants who complete this course successfully will receive a certificate.
• We can also create a course specifically for your organization to match your needs. To learn more, get in touch with us at training@dealsontrainers.org.
• The training will take place at DEALSON TRAINERS IN NAIROBI, KENYA in Nairobi, Kenya.
• The training fee includes lunch, course materials, and lodging for the training session. Upon request, we may arrange for our participants' lodging and transportation to the airport.
• Payment must be made to our bank account before the training begins, and documentation of payment should be emailed to training@dealsontrainers.org