Introduction to Total Rewards
• The evolution of rewards
• The total rewards model
• The total rewards approach
• The total rewards strategy
Benefits
Elements of benefits
Factors influencing benefits
Income protection programs
Pay for time not worked programs
Compensation
• Elements of compensation
• Building a job worth hierarchy
• Components of a base pay structure
• Types of base pay
• Types of pay adjustments
• Variable pay
Total Rewards — Putting It All Together
• Revisiting the total rewards model
• Drivers of the total rewards strategy
• The total rewards strategy
• The total rewards design process
• Total rewards design considerations
Development and Career Opportunities
• Conduct annual development and career opportunities
discussion
• Learning opportunities
• Types of development and career opportunities