No matter the industry, organization, or profession—from the most-well-compensated executives to novice, entry-level employees—people work in order to get paid.
Of course, this isn’t the whole story. There are many other reasons people work. But as HR professionals, our roles exist to mediate and strengthen the reciprocal relationship between organizations and employees: what people give and what people get. The fate of our organizations depends on it.
It’s no wonder, then, that organizations around the world are increasingly shifting their HR function from “Comp & Ben” to “Total Rewards.” But, for many organizations, the actual changes in practice and strategy haven’t kept pace with the hype of total rewards.
What does total rewards look like when it’s fully realized? It is not a rebranding of comp & ben, but rather a dramatic shift in thinking about that fundamental exchange between employee and employer. It requires us to look well outside of the traditional silos of comp & ben to understand, quantify, and communicate all of the ways in which our organizations acknowledge, recognize, and compensate employees. At its best, a total rewards practice can change how people feel about their work and fundamentally shift how we attract and retain our people.
The Changing Face of Total Rewards is an introduction to the core philosophies at the heart of total rewards. Whether we’re talking about it as a department or a strategy, total rewards is at the frontline of the massive renegotiation with work happening all around the world. To succeed today, we can’t just change what we offer in our compensation packages; we also have to change how we think. This introductory Program will help you do just that.
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ApproachOnline social learning, teams of 30-50
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Learning Time5-8 Hours
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Duration5 weeks. Next starting: June 28, 2023
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