Rewards are a fundamental aspect of human motivation, and the workplace is no exception. While traditional compensation packages are important, successful organisations are rethinking their rewards strategies to align with the needs of today's workforce.
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Rewards are a fundamental aspect of human motivation, and the workplace is no exception. While traditional compensation packages are important, successful organisations are rethinking their rewards strategies to align with the needs of today's workforce.
Rewards are a fundamental aspect of human motivation, and the workplace is no exception. While traditional compensation packages are important, successful organisations are rethinking their rewards strategies to align with the needs of today's workforce.
This course delves deep into the world of rewards and recognition, going beyond the basics of salary and benefits. You'll explore how to design a strategic programme that not only attracts and retains talent but also fuels performance and fosters a positive work environment.
What you’ll learn:
- Strategic rewards: Design a strategic rewards programme to motivate and retain top talent.
- Exploring data: Analyse market data to inform your rewards strategy and stay competitive.
- The right rewards: Make data-driven decisions about rewards and compensation packages.
- Helping your team: Support line managers in making fair and consistent reward decisions.
This is a five-week, intermediate, self-paced course and delivered through engaging content, making it easy to fit into your busy schedule.
Enrol today and take your HR career to the next level!
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What's inside
Learning objectives
- Week 1: making rewards meaningful
- Week 2: reward-based performance
- Week 3: putting rewards into context
- Week 4: the right value of every job
- Week 1: making rewards meaningful
- Week 2: reward-based performance
- Week 3: putting rewards into context
- Week 4: the right value of every job
Good to know
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Activities
Review Compensation and Benefits Concepts
Show steps
Warm up with compensation and benefits concepts to build foundational knowledge for the course.
Browse courses on
Compensation
Show steps
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Review notes from an undergraduate course in human resources or compensation management.
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Review textbook chapters on compensation and benefits.
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Complete practice problems or quizzes on compensation and benefits concepts.
Review basic rewards concepts
Show steps
By reviewing basic rewards concepts, you will recall key principles which will refresh your knowledge on the topic when you start the course.
Browse courses on
Rewards
Show steps
-
Review chapters on rewards from your introductory HR textbook
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Take a practice quiz on rewards concepts
Complete practice problems on reward calculations
Show steps
Completing practice problems on reward calculations will strengthen your understanding of how rewards are determined.
Browse courses on
Compensation
Show steps
-
Review the formula for total rewards
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Solve practice problems on calculating bonuses and incentives
Five other activities
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Explore emerging trends in rewards management
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By exploring emerging trends in rewards management, you will stay current on the latest industry practices and research.
Browse courses on
Emerging Trends
Show steps
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Follow industry leaders on LinkedIn and read their articles on rewards trends
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Attend a webinar on emerging trends in rewards management
Design a sample rewards and recognition programme
Show steps
By designing a sample rewards and recognition programme, you will apply the concepts you learn in the course to a practical scenario.
Browse courses on
Compensation
Show steps
-
Identify reward and recognition goals and objectives
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Conduct a needs assessment to determine employee needs and preferences
Participate in a discussion group on rewards and performance management
Show steps
Participating in a discussion group on rewards and performance management will allow you to exchange ideas and learn from others' experiences.
Browse courses on
Compensation
Show steps
-
Join a discussion group on a platform like LinkedIn or Reddit
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Participate in discussions and ask questions on rewards and performance management
Read 'The Future of Rewards' by David Green
Show steps
Reading 'The Future of Rewards' by David Green will provide you with valuable insights and perspectives on the latest trends and challenges in rewards management.
Show steps
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Chapter summaries and discussion questions
Contribute to the open-source project 'Rewards Hub'
Show steps
Contributing to the open-source project 'Rewards Hub' will allow you to gain hands-on experience in rewards management and contribute to the community.
Browse courses on
Open Source
Show steps
-
Review the 'Rewards Hub' GitHub repository
-
Identify areas where you can contribute your skills and expertise
Review Compensation and Benefits Concepts
Show steps
Warm up with compensation and benefits concepts to build foundational knowledge for the course.
Browse courses on
Compensation
Show steps
- Review notes from an undergraduate course in human resources or compensation management.
- Review textbook chapters on compensation and benefits.
- Complete practice problems or quizzes on compensation and benefits concepts.
Review basic rewards concepts
Show steps
By reviewing basic rewards concepts, you will recall key principles which will refresh your knowledge on the topic when you start the course.
Browse courses on
Rewards
Show steps
- Review chapters on rewards from your introductory HR textbook
- Take a practice quiz on rewards concepts
Complete practice problems on reward calculations
Show steps
Completing practice problems on reward calculations will strengthen your understanding of how rewards are determined.
Browse courses on
Compensation
Show steps
- Review the formula for total rewards
- Solve practice problems on calculating bonuses and incentives
Explore emerging trends in rewards management
Show steps
By exploring emerging trends in rewards management, you will stay current on the latest industry practices and research.
Browse courses on
Emerging Trends
Show steps
- Follow industry leaders on LinkedIn and read their articles on rewards trends
- Attend a webinar on emerging trends in rewards management
Design a sample rewards and recognition programme
Show steps
By designing a sample rewards and recognition programme, you will apply the concepts you learn in the course to a practical scenario.
Browse courses on
Compensation
Show steps
- Identify reward and recognition goals and objectives
- Conduct a needs assessment to determine employee needs and preferences
Participate in a discussion group on rewards and performance management
Show steps
Participating in a discussion group on rewards and performance management will allow you to exchange ideas and learn from others' experiences.
Browse courses on
Compensation
Show steps
- Join a discussion group on a platform like LinkedIn or Reddit
- Participate in discussions and ask questions on rewards and performance management
Read 'The Future of Rewards' by David Green
Show steps
Reading 'The Future of Rewards' by David Green will provide you with valuable insights and perspectives on the latest trends and challenges in rewards management.
Show steps
- Chapter summaries and discussion questions
Contribute to the open-source project 'Rewards Hub'
Show steps
Contributing to the open-source project 'Rewards Hub' will allow you to gain hands-on experience in rewards management and contribute to the community.
Browse courses on
Open Source
Show steps
- Review the 'Rewards Hub' GitHub repository
- Identify areas where you can contribute your skills and expertise
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