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Talentnet-Mercer Rewards Training Workshop: Pay for Performance
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.
Special offer for Exclusive Membership

About this product

This training workshop is in Mercer’s Advanced Professional Level Program

●    Training Schedule: (to be updated)
●    Time: 09:00 AM - 05:30 PM
●    Venue: Hanoi (to be updated)
●    Fee: VND 5,400,000/pax (8% VAT included)

* Get 15% off for a full subscription to Mercer’s Advanced Professional Level Program!

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: (to be updated)

CONTACT: Ms. Luu Tu Dinh - luu.tu.dinh@talentnet.vn