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Transcript
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Presenting
Action-Oriented Professional Development In: Compensation & Total Rewards
Management Fundamentals:
Comprehensive Foundations Of
Modern, World-Class
Principles & Practices With Local Cases
Practical, High-Impact, Solutions-Oriented,
Professional Skill-Building Sessions
In
Accra-Tema, Ghana, West Africa
Dates: Please See Attached ‘List And Schedule Of Current
Course Offerings’
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TABLE OF CONTENTS
# SECTION (Click On The Link To Go To The Section
A. Course Description Details Compensation & Total Rewards Management Fundamentals: Comprehensive Foundations Of Modern, World-Class Principles & Practices With Local Cases
B. Who We Are & Who Are Our Learning Facilitators
C. Our Approach
D. Alternative Service Delivery Formats
E. Notes, Contacts, & Deadlines For Fee Payments
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Course
Description
Details
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COURSE TITLE
Compensation & Total Rewards Management Fundamentals: Comprehensive Foundations Of
Modern, World-Class Principles & Practices With Local Cases
COURSE DURATION & CONTACT HOURS Duration: Please Refer to list and schedule of current course offerings for number of duration days. Each day typically runs from 8:30 am to 3:30 pm with snack breaks and a lunch break
TARGET PARTICIPANTS Role Types: Current / Future Compensation & Rewards Analysts, Specialists, Consultants, & Leaders
Company Sectors: All
INTRODUCTION Compensation And Total Rewards make up what we believe to be the most professionally powerful, primary, persuasive, pervasive, and promising area of, and approach to, Human Resource Management. But this is lost on many practitioners and organizations steeped in old ways of doing things, and struggling to make themselves relevant or impactful. It is relatively well established that the value of Compensation And Total Rewards make up one of the largest expenses of many organizations. More importantly, the broader and more modern concept of Total Rewards (as defined by WorldatWork, the leading global association of professionals in the subject matter area) present very powerful and sustainable combination of means of influencing attitudes, behaviors, contributions, and the delivery of results by employees, whilst aligning significantly with shareholder and other stakeholder interests. In recent years there has been a movement towards integration of the silos that once constituted what is now called human resource management. One of the integrating frameworks is that offered by the concept and practice of total rewards management.
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COURSE TITLE
Compensation & Total Rewards Management Fundamentals: Comprehensive Foundations Of
Modern, World-Class Principles & Practices With Local Cases
This course introduces participants to fundamentals of the world of “Total Rewards Management”. However, in order to enhance the conceptual leap from “old” to the “new” frames of reference, this presentation uses the term “Compensation and Total Rewards Management”. “Compensation” is one of the familiar silos of old. “Total Rewards” is a broader, newer term that includes compensation, but goes far beyond its limiting confines. In certain sectors and locations, the concept of Total Rewards is relatively new, or even quite foreign. As such, a reference to “compensation” is utilized, even though we will soon see that it is but a small (albeit important) part of the whole.
PRACTICAL BEHAVIORAL OBJECTIVES & SKILLS
Upon active and diligent completion of this course, participants should be able to:
Assess and make very important decisions for the individual pursuit of serious structured technical professional development and investments, based on a comprehensive introduction to fundamentals of the subject matter in what is undoubtedly one of the hottest, most lucrative, and most solid specialties world-wide in Business Management in general, and Human Resource Management in particular
Perform well-structured contextual analysis of ‘Hot’ Developments in Compensation & Total Rewards for decision-making in strategy and operations
Leverage professionally sound technical taxonomy and definitions (versus extremely misleading pedestrian terminology) in the diagnosis, design, development, and delivery of programs in Compensation and Total Rewards
Perform balanced contextual assessments programs in Compensation and Total Rewards
Diagnose, Design, And Develop alignment between Company Strategy on the one hand, and HR Strategy and Rewards Strategy on the other hand
Leverage well-established principles in Psychology, Motivation, And Behavior in the diagnosis, design, development, and delivery of superior programs in Compensation
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COURSE TITLE
Compensation & Total Rewards Management Fundamentals: Comprehensive Foundations Of
Modern, World-Class Principles & Practices With Local Cases
and Total Rewards
Utilize appropriate Frameworks & Models in the diagnosis, design, development, and delivery of superior programs in Compensation and Total Rewards
Utilize The Rewards Program approach in performing superior diagnosis, design, development, and delivery of programs and critical decisions in Compensation And Total Rewards
Make technically sound distinctions among otherwise regularly-confused matters of Strategic Goals, Versus Operational Objectives, Versus Ideal Characteristics of programs in Compensation & Total Rewards
Utilize hierarchical structure of relationship among the following levels, units, and dimensions of analysis in the diagnosis, design, development, and delivery of more effective programs in Compensation And Total Rewards: Rewards Philosophy, Rewards Strategy, Rewards Systems, Rewards Mix, Rewards (Competitive) Policy Line, Rewards Structure, Rewards Program Implementation / Administration
Determine appropriate strategy for leveraging the following programs in a Total Rewards context to achieve best impact: Employee Benefits Programs; Work-Life Balance Program; Recognition Programs; Performance Management Programs; Talent Development Programs
Utilize fundamental elements of Rewards Analytics (Measurement, Metrics, and Markets, etc.) in the diagnosis, design, development, and delivery of more effective Compensation and Total Rewards Programs
Determine the relevance and impact of Special Developments, Issues, and Topics in Compensation and Total Rewards as applied to their own organization and context.
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COURSE TITLE
Compensation & Total Rewards Management Fundamentals: Comprehensive Foundations Of
Modern, World-Class Principles & Practices With Local Cases
TOPICS COVERED
NOTE: Topics for this “fundamentals” course will be extracted from key sections of my forthcoming practitioner-oriented publication, “ A Manual Of Compensation And Total Rewards” as can be feasibly compressed into the duration of the course. As a broad indication of the scope of the subject matter (and to give current and future practitioners, some indication of the potential areas of coverage for future professional development, the full table of contents of that forthcoming publication is attached OR available (NOTE: The table of contents alone is detailed in over 20 pages of highly-structured topics and sub-topics). For the purpose of this course, the simpler, high-level list of topics includes the following: An indicative list of topics to be covered in this course includes the following: 1. Introduction, Importance, And ‘Hot’ Developments in Compensation & Total
Rewards 2. Working Definitions And Language of Compensation and Total Rewards 3. The Context And Environment of Compensation and Total Rewards 4. Strategic Context: Company Strategy, HR Strategy, Rewards Strategy 5. Strategic Goals, Operational Objectives, Ideal Characteristics Of Compensation &
Total Rewards – Important Distinctions 6. Psychology, Motivation, And Behavior For Compensation and Total Rewards 7. Framework & Models of Compensation and Total Rewards 8. The Rewards Program: Overview Of The Cascade of Critical Decisions In
Compensation And Total Rewards 9. Rewards Philosophy and Rewards Strategy 10. Rewards Systems 11. Special Note on Performance-Based Rewards Systems & Pay Increases 12. Rewards Mix 13. Rewards (Competitive) Policy Line 14. Rewards Structure Versus Salary Structure, Pay Structure, etc.: Elements And
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COURSE TITLE
Compensation & Total Rewards Management Fundamentals: Comprehensive Foundations Of
Modern, World-Class Principles & Practices With Local Cases
Terminology, Distinctions, Diagnosis, Design, Development, Delivery, Data Management, etc.
15. Rewards Structure: Developing ‘Structure’ From Salary Surveys and Rewards Studies using ‘Market Pricing’ Methodology, Etc.
16. Rewards Program Implementation And Communications 17. Strategic Alignment of other Components of Total Rewards Programs For Best
18. Special Rewards Programs – Brief Overview Of Executive Compensation, Sales Compensation, Global Mobility And Expatriate Rewards, etc.
19. Special Developments, Issues, and Topics In Compensation And Total Rewards
FEES
Fees Per Participant: Please refer to attachment For Fees Of Current Course Offerings What The Fees Cover: Fees cover tuition / facilitation, course materials, snacks, lunch, and a Certificate of Active Participation to be issued upon completion of full, diligent, and active participation. Back to Table Of Contents
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WHO ARE WE &
WHO ARE OUR LEARNING FACILITATORS?
We are Industry-seasoned, Practical, Hands-On, Solutions-Oriented Management Advisors with specialization in Sales Compensation, Total Rewards (Compensation, Benefits, etc.), High-Performance Management, Human Capital Strategy, Human Resource & Talent Management. As needed, we work with a number of industry-seasoned associates who mirror our values and approach. Our Principal Advisor & Lead Facilitator holds the regionally-rare Certified Compensation Professional (CCP) qualification from WorldatWork, The leading Global Association for professionals in Compensation and Total Rewards, with the following additional qualifications, among others:
OVERVIEW: Over 25 years of experience in developing solutions for multi-national corporations and other organizations in Africa, Europe, North America, Middle East, and Asia;
SECTORS: Oil & Gas / Energy; Banking, Asset Management, Insurance, & Financial Services; Telecommunications and Technology; Mining / Resource Development; Integrated Marketing Communications; Consulting / Professional Services; Manufacturing; Real Estate; Healthcare; Education; Diversified Public Sector And State-Owned Enterprises, etc.;
ROLES: In addition to Direct Advisory roles to Boards, CEOs, Senior Executives and Management, the Lead Facilitator has extensive direct experience in industry as a Head, Director, Manager, Leader, and/or Specialist in Sales Compensation, Compensation, Total Rewards, Human Capital, Performance Management, Leadership & Professional Learning & Development, Talent & Human Resource Management, Direct Sales, Strategy, etc.;
EDUCATION: Graduate Education at University of Minnesota (USA), IESE (Spain), & London School of Economics (UK) with specialization in Compensation and Reward Systems, Change Management, and Human Resources Management. Undergraduate education at University of Ghana (Legon) with specialization in Business Administration;
LEARNING FACILITATION & FACULTY ROLES: Extensive experience in solutions-oriented facilitation of Learning & Development in programs for Boards, Senior Management, Leaders, and Professionals from numerous companies in the Private Sector, as well as Non-Profits, and Public Sector. Extensive experience in faculty roles in Graduate, Senior, & Executive level courses in multiple universities, with heavy emphasis on industry-relevant skill-building in problem-solving (developing and implementing solutions to real-world problems) using case studies, simulations, and practice relevant to learner contexts: companies, cultures, countries, continents, etc.
FACILITATION STYLE: Facilitation leverages hands-on, practice-based, problem-solving approaches and other wealthy experiences and styles so that participants are uniquely prepared to become real leaders of sustainable Change!
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OUR APPROACH
As needed, we work with a number of industry-seasoned associates who mirror our values and approach:
PRACTICAL SOLUTIONS: We bring Results-oriented, Practical / Hands-on, Professional, Innovative, Realistic, Actionable Solutions to organizational challenges. We use a variety of methods (including locally relevant case studies and simulations) to help you develop essential problem-solving skills. We do NOT believe in the predominantly theoretical, textbook drivel served in some circles.
PROVEN EXPERIENCE: We draw from proven practices, sound principles, and insights from successful personal experiences from multiple sectors in North America, Europe, Middle East, Asia, and Africa.
FIRST-HAND, HANDS-ON, REAL WORLD INDUSTRY EXPERIENCE: Facilitators have First-hand, Hands-on, Real-world, Industry experience (NOT just academic or classroom skills).
TRANSFERABLE & ADAPTABLE SOLUTIONS: Our approach benefits truly serious companies and participants who want to acquire Transferable & Adaptable Solutions (actionable strategies, tactics, techniques, tools, etc.) relevant to current and anticipated situations (our courses are NOT just for certificates of attendance!).
INTERACTIVE, PARTICIPATIVE LEARNING: We prefer relatively small class sizes, the better to ensure more effective interactions, participation, simulations, sustained learning, and transfer of knowledge to deliver results.
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ALTERNATIVE SERVICE DELIVERY FORMATS
We also deliver advisory services and learning & development programs in formats that suit your company’s needs / situation: for example – Comprehensive Advisory Engagements (for full spectrum
of Diagnosis, Design, Development, Delivery/Deployment, Data/Evaluation Management, With Implementation Support, etc.);
Limited Scope Advisory Engagements (for any combination of Diagnosis, Design, Development, Delivery/Deployment, Data/Evaluation Management, or Implementation Support, etc.);
Short Term Contracts As Hands-On, In-House Executive Assignments (e.g. Staff On Loan);
