TRAINING
Remuneration Principles - From Design to Practice
Setting employee pay can be one of the most challenging tasks in Human Resources. Everyone has a lived experience and often an equally strong opinion about what is fair. This training is designed to build your capability to create 'fit for purpose' policies and practices enabling you to manage your remuneration and pay decisions with confidence.
LEARNING OBJECTIVES
This training will provide you with insights and guidance for decision making and the development or review of policies, practices and processes. It is designed to grow your capability, knowledge and skills across remuneration and reward, enabling you to speak with confidence on core and advanced principles.
SUITABLE FOR
Any employee with a responsibility for remuneration or who needs a broader understanding of the principals and options for remuneration and reward.
LEARNING OUTCOMES
Remuneration Principles - Core theory and practice
These modules cover the core principles of remuneration and explores the design and use of pay frameworks.
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The fundamental elements of a remuneration framework
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Job sizing and market data options and uses
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Creating and applying a remuneration policy
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Evaluating and responding to employee remuneration queries
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Equity
Remuneration Principles - Advanced theory and practice
These modules cover more complex issues. They consider the whole organisation, data and governance.
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Conducting the annual salary review
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Policy options including linking pay and performance and pay transparency
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Recalibrating remuneration processes to realign with organisation needs
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Analysis of data, dashboarding and provision of executive information
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Governance of remuneration
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