Reframing Your C&B Strategy: Agility, Equity and Sustainability

This program draws on established market knowledge to steer learners towards a more equitable and performance-based culture through right-designing pay and benefits to reflect the changing world of work.
Your Instructors:
Nisha Harbola
Nisha Harbola
Namita Gupta
Namita Gupta
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Program Date

Nov 07-Dec 09

Duration

5 weeks

Languages

English

Program Type

Cohort Based

Your Investment

US$ 213 US$250

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Who is this course for ::

This program is designed for organizations with existing rewards programs interested in reframing their C&B strategy to create a more agile, equitable and sustainable strategy that drives business-wide change. This program would also be suitable for start-ups looking to move beyond the founding stage and gain a better understanding of how to craft a comprehensive rewards program.

What will you learn ::

  • Rethink and reframe your total rewards strategy to drive organizational change.
  • Make rewards decisions amidst moving pieces of the corporate environment jigsaw.
  • Examine the forces reshaping benefits and career goals - flexibility, remote, hybrid, mentoring and training, work-life balance and more.
  • Identify and capitalize on opportunities on the changing C&B landscape
  • Understand generational and geographical differences, overlaps and priorities in the rewards sphere.
  • Modify and reposition current C&B strategies to align with the new world of work.

What the program covers :

Mandatory Participation
Week 1: Reflect
  1. 1. Introduction and Welcome To The Program
    1. An overview of the program and the BeNext framework
    2. Setting your challenge and sharing your resources*
  2. 2. Reflect :: Total Rewards - An Overview
    1. 2.1 The Term and its Synopsis
    2. 2.2 Total Rewards Package - Further Breakdown
    3. 2.3 Ensuring your Rewards framework is still viable and relevant
    4. 2.4 Things to keep in mind while designing or reviewing your organisation’s total reward strategy
    5. 2.5 Communication - It’s not the garnish, it’s the key to making your Total Rewards strategy work
  3. 3. Live Onboarding Session :
Week 2: ASSIMILATE
  1. 4. Assimilate :: Rewards since the start of Covid-19
    1. 4.1 Evolution of the business landscape since 2019 and its impact on decisions about Rewards
    2. 4.2 Impact of the changes in business on Rewards
    3. 4.3 Latest indicators on the business response
    4. 4.4 Increased use of cash levers in the Rewards framework to attract and retain talent
    5. 4.5 Flexibility in workforce models and working environments
    6. 4.6 Increased focus on wellness, mental health, and work-life balance
    7. 4.7 Supporting diversity despite this group being worst affected by Covid
    8. 4.8 Impact of the war on talent landscape in Eastern Europe and its ripple effect
  2. 5. Live Masterclass Session:
Week 3: ASSIMILATE
  1. 6. Assimilate :: Rewards trends that are here to stay
    1. 6.1 Customisation of Rewards
    2. 6.2 Differentiated pay for digital talent
    3. 6.3 Flexibility
    4. 6.4 Focus on wellness / mental health
    5. 6.5 Rethinking performance-based pay
    6. 6.6 Digitalisation, gamification, AI, bots
    7. 6.7 D&I focus
  2. 7. Live Power Hour Session:
Week 4: ASSIMILATE
  1. 8. Assimilate :: Challenges facing Rewards professionals
    1. 8.1 Newer Complications Of Geographic Expansion - Legal, Statutory, Taxation, Pay
    2. 8.2 Upward Pressure On Salaries
    3. 8.3 Retention - A Growing Concern
    4. 8.4 Customised Rewards
    5. 8.5 Changing Expectations Of Newer Generations Coming Into Workplace
  2. 9. Assimilate :: Outlook
    1. Role of rewards in supporting company goals
    2. Right-leveling / hierarchy (job evaluation, culture)
    3. Global standardisations vs localisations*
    4. Performance Based Pay - A must or a choice / boon or bane?*
    5. Do new generations of workforce expect differently from their employers?
  3. 10. Case studies :: Companies that are up ahead in the curve in Rewards practices
    1. Google, Spotify, MS, Amazon, Atlassian, Salesforce, Hootsuite, Facebook, Hubspot, RMSI, SAP Labs, Intuit
    2. Akzo Nobel, Kimberly Clark, Asian Paints, Colgate Palmolive, Netflix, Airbnb, Starbucks, American Express, Standard Chartered
Week 5: APPLY & CONTRIBUTE
  1. 11. Apply & Contribute: :: Final Project Submissions
    1. Final Project- Bringing it All Together*
    2. Feedforward to Your Peers*
  2. 12. Live Learner Time Matters Session:
  3. 13. Closing and Feedback
    1. Your Input Matters!*

Meet your Instructors :

Nisha Harbola
Leader of Total Rewards in Multinational Organizations including Honeywell, Mercer & McKinsey
Namita Gupta
Principal, Mercer Canada

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Frequently Asked Questions

Do I have to be online at a certain time to take the course?
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Our programs comprise of asychronous learning as well as LIVE group sessions. If you are unable to attend one of the live sessions, you can access a recording on the Platform.
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Our group sessions are LIVE and are based around participation and peer-to-peer learning.
How many hours per week are required for the programs?
Approximately 2 hours per week are required for each program.
When will I get my certificate after the course?
You will receive your certificate 2-3 weeks after successful completion of the program, including a PDF copy and a link for sharing your achievement with your LinkedIn network.
If I miss the live sessions, how will I catchup with the program progress?
Live sessions are recorded and uploaded to the Platform for easy access.
Can I access the program material once it is over?
Yes.
Once the program is over, you can still visit the program archive to look through the materials and video content.
Is there any grading system to get the certification?
No.
However, successful completion of the course (with certificate) requires participation in all mandatory modules.
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Some of our courses are by invitation only due to their specific area of focus. If you are interested in participating, we ask that you send us an application detailing why you would like to be invited and how you think you will benefit from the course.

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