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Talentnet-Mercer Rewards Training Workshop: Pay for Performance
2024-07-05
Training Workshop
This workshop provides the principles of incentives & variable pay schemes design, helping you understand the key performance considerations and the returns of the incentives spent.
Price
6,600,000 VND
Start Date:

About this product

This training workshop is in the Advanced Package

●    Training Schedule: Friday, July 5th, 2024
●    Time: 09:00 AM - 05:30 PM
●    Venue: Liberty Central, District 1, HCMC
●    Fee: 6,600,000 VND/pax (8% VAT included)

HR leaders have always been held to a high standard of providing fair & competitive compensation and reward designs. Acknowledge such high expectations, Talentnet-Mercer proudly presents this workshop to familiarize participants with essential tools and methodologies to design a pay scheme that is based on employees’ performance.

WHAT WILL YOU GET?

●    Methodologies on Pay for Performance concept
●    The positioning of Incentives within Total Rewards
●    An outline of variable pay, i.e Short (STI) and Long-term incentives (LTI) design process - key performance considerations - the returns on the incentive spend
●    Applying basic short-term incentive design principles to your organization, and calibration of results to rewards

AGENDA

MORNING
1. 3-P Compensation Concept
2. The role of Performance Management
3. Introduction to Compensation Elements
4. Performance Bonus Overview & Eligibility

AFTERNOON
5. Funding and Budgeting
6. Performance Measures
7. Plan Mechanics
8. Test for Pay-for-performance

TARGET LEARNERS:
HR professionals, Total Rewards specialists, compensation and benefits managers who want to understand and gain an overview of variable pay

TRAINER: Mr. Thuận Lê

CONTACT:

Thái Thanh Tân (Mr.)
Email: thai.thanh.tan@talentnet,vn