Croner Training

Employment & HR

Reward management

Date	4 November 2008
Duration	1 Day
Price	GBP 649 + VAT Membership Price: 324.5 + VAT
Location	London
Venue	Strand Palace
Registration	9.00-9.30
Close of Seminar	5.00
Our code	26370
Also held on	There are no other dates for this event confirmed yet. Please call us on 0845 120 9602 for more information.

• Why you should attend this seminar
• Who should attend?
• Seven key benefits
• Programme
• Seminar presenter
• What previous delegates said:
• Seminar format - and free CD-Rom
• In-house training
• Are you a Croner Publications subscriber?
• 2nd delegate discount
• Sponsorship and exhibition opportunities
• A total compliance solution

Why you should attend this seminar

Employee costs can be significant in many organisations. As cost reduction becomes a priority for all organisations, making sure that all employees are focused on company performance is even more crucial. Up-to-date reward strategies and management are essential to achieve this. Whether you are in the HR function or line management, the focus has firmly moved to motivating your employees to deliver your corporate goals. But setting the pay and benefits of your employees at the market rate (in your and their perception) is only the starting point. Organisations have to go much further now. They need to understand the ways to involve their employees, to get them more committed to the organisation. This seminar will show you how to do it.

Who should attend?

This programme is a must for any HR directors, HR managers and line managers, whether in the public or private sector, who have identified reward as a business critical issue. It has been designed specifically to support:

• Experienced HR managers and officers who wish to specialise in reward either as a refresher or for those who have a particular problem to address
• Newly appointed HR (or reward) officers and assistants who need a fast introduction to the subject Finance directors and others with overall responsibility for reward strategies
• Operational managers who have responsibilities for a range of staff who need to understand the concepts, processes and procedures in reward management

Seven key benefits

This intensive yet enjoyable programme will deliver innumerable benefits to you and your organisation. It will help you:

1. Put pay and benefit issues in context
2. Appreciate the importance of having a grading structure
3. Ensure your organisation is compliant with the latest equal pay legislation and that you know how to undertake an equal pay review
4. Set the pay and benefits of jobs
5. Understand bonuses and incentives and find out how to choose the right ones for your organisation
6. Motivate your employees with financial and non-financial rewards and how to get the benefit of their discretionary contribution
7. Develop a long-term reward strategy which will support your business goals

Above all, this seminar will help you to make the most of reward management as a means of dealing with the most pressing issues facing all organisations today – how to boost productivity and contain costs at the same time.

Programme

1. Building a long-term reward strategy

• Establishing business goals
• Turning business goals into HR strategies
• Reward in the business context
• Developing a reward strategy
• Reward in the HR toolkit
• Content of a reward strategy
• Elements of a reward system
• Making a reward strategy effective

2. Grading structures

• Establishing internal relativities
• Why have grading structures?
• Types of grading structures
• Analytical and non-analytical job evaluation
• Types of pay structures

3. Setting salaries

• Sources of pay data
• Factors affecting pay
• Statistics used
• Setting job pay ranges
• Setting grade pay ranges

4. Employee benefits

• Core benefits
• Non-core benefits
• Value of benefits
• Flexible benefits

5. Rewarding performance

• Performance management
• Types of performance pay
• Fundamentals of bonus schemes – individual, group, organisation-wide
• Incentives

6. Equal pay

• Legal context
• EOC Code of Practice
• ‘Like work’, ‘equivalent work’ and ‘work of equal value’
• Avoiding discrimination in pay and job evaluation
• Equal pay reviews

7. Non-financial rewards

• Types of non-financial reward
• Work/life balance
• Developing the individual
• Creating a good work environment

8. Motivating employees

• Motivators and ‘hygiene’ factors
• Why people enjoy going to work
• The emotional contract
• Encouraging discretionary performance
• Making work enjoyable

Reward management is an essential tool in dealing with:

• Rewarding performance
• Motivation for productivity
• Cost management
• Talent retention
• Equal pay issues
• Managing the ‘employer brand’

Are you using it correctly?

Seminar presenter

Steve Flather is an independent consultant specialising in reward management. After ten years as a trainer and HR manager with blue chip organisations such as Plessey and Wedgwood, he became a director of a major reward specialist company, leading it as managing director for twelve years. During this time he became very well-known as a speaker on reward issues, running training courses on reward and benefits management and speaking at seminars, conferences and on radio and TV. He is a Fellow of the Chartered Institute of Personnel and Development.

What previous delegates said:

q "This course is excellent, I found it very informative and interesting" Lee O'Sullivan, Pay and Reward Policy, HR Reward

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Seminar format - and free CD-Rom

This is an intensive, hands-on course combining the theory and practice of reward management. It uses a combination of information sessions and practical exercises. The course includes plenty of opportunity for discussion and to obtain guidance and ideas from the seminar presenter. You will take away a ‘kit bag’ of information and handouts to help you advise and support line management to achieve your organisation’s strategic objectives.

This will include a CD with the notes and presentations all ready for you to use in your organisation.

This highly practical programme will give you an understanding of what motivates employees and how to develop and harness that motivation through an effective reward strategy. It will explain about grading systems and how to make sure that your grades are created and maintained without discrimination or introducing bias. You will understand about the factors that influence the pay of a job and learn how to set the market pay range and benefits package for jobs at all levels in the business. The course will teach you about financial and non-financial incentives, for example about creating a working environment where employees want to come and work. Finally, you will learn about reward strategies and how they relate to your business goals.

In-house training

Tailor-made training for your organisation

This seminar can be presented exclusively for your organisation on an in-house basis, tailored to meet your specific needs. You can:

• Have the programme tailored to your specific needs
• Choose your preferred date and location
• Save on staff travel, time and accomodation costs
• Maximise the impact of the training by putting an entire team through the same programme

For more information about this service - and a no-obligation quotation - please call our in-house training team on 0845 082 1169 or email Janine Benscher@cronertraining.co.uk

Are you a Croner Publications subscriber?

If so then you are entitled to an additional 5% discount on your booking. Simply enter your Croner BP number on our online booking form to qualify (offer applies to online bookings only).

If you are interested in subscribing to any Croner title and receiving this and other benefits then call 020 8547 3333 for more information.

2nd delegate discount

Booking a second place on this event entitles the second delegate to a 10% discount

Sponsorship and exhibition opportunities

If you are looking to meet key HR Managers and Directors then become involved with Croner Training as a sponsor or exhibitor. We offer a full range of promotional opportunities, including a pre-event brand awareness raising programme, on site promotion and the chance to meet key industry speakers.

For a fully customised package please call Kasia Lloyd Brown on 020 7960 5618 or e-mail kasia.lloydbrown@cronertraining.co.uk

A total compliance solution

Whether you’re an HR professional in a multi-national, managing personnel issues in a medium-sized organisation or running a small business we have the HR information you need to get the most out of your staff and comply with the law. From consultancy, and comprehensive online information services to books we have you covered. Simply visit www.croner.co.uk for more information.

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