About this Course

Rewards are integral to motivating employees, and modern successful organizations need to align their reward strategies with the needs of today's workforce. This course focuses on designing strategic reward programs that go beyond traditional salary and benefits, aiming not only to attract and retain top talent but also to enhance performance and nurture a positive organizational culture.

Course Description

Explore and design strategic rewards and recognition programs suited to modern workforce demands in this detailed five-week, intermediate, self-paced course. Delivered through engaging content, the course is structured to easily fit within busy schedules, allowing learners to explore case studies, current market data, and effective strategies to implement in the human resources field.

What Students Will Learn

• Designing strategic rewards programs for motivation and retention of top talent.
• Analyzing and applying market data to keep rewards strategies competitive.
• Making informed, data-driven decisions on rewards and compensation packages.
• Supporting and guiding line managers in fair and consistent reward decisions.

Pre-requisites or Skills Necessary

No specific prerequisites required, but a basic understanding of Human Resources and management principles might be beneficial.

Course Coverage

• Design and implementation of strategic reward systems.
• Analysis of market trends and data for informed decision-making.
• Development of fair and effective compensation packages.
• Training and equipping line managers with decision-making tools.

Who This Course is For

This course is ideal for HR professionals, managers, and any individuals interested in understanding and applying effective rewards and recognition strategies within an organization.

Application of Skills in the Real World

Learners can apply the skills from this course in various aspects of human resources management, particularly in developing and managing reward systems that drive performance, ensure equity, and align with organizational goals.

Course Syllabus

• Week 1: Making Rewards Meaningful
• Week 2: Reward-Based Performance
• Week 3: Putting Rewards Into Context
• Week 4: Assessing the Right Value for Every Job
• Week 5: Review and Implementation of a Reward Program