July 26, 2017

Understanding Reward Management

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£99.00 £45.00

This toolkit explores the principles and policies of reward and how you can successfully implement them for your team or within your organisation. You’ll also discover how reward impacts workforce motivation, and what you need to consider to implement appropriate reward management practice.

The full toolkit takes approximately 2 hours to complete.

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Description

This toolkit explores the principles and policies of reward and how you can successfully implement them for your team or within your organisation. You’ll also discover how reward impacts workforce motivation, and what you need to consider to implement appropriate reward management practice.

The full toolkit takes approximately 2 hours to complete.

Module 1 – The business context of reward and using reward intelligence

You’ll look at why pay and reward are important and explore the key factors contributing to the reward decisions made by organisations. You will then look at sources of information that can help you when setting pay levels and deciding on reward packages for your employees.

Module 2 – Key reward principles, policies and practices

You’ll look at the extent to which reward policies and practices might contribute to the achievement of organisational objectives through their ability to motivate your workforce.

Module 3 – Line managers and reward decisions

You’ll look at your role as a line manager in making reward decisions and what role HR has in helping support them.

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