Course Description:
In today’s volatile, uncertain, complex, and ambiguous (VUCA) business environment, organizations must create highly strategic, data-driven compensation systems aligned with their recruitment and career development architectures. Compensation and rewards are no longer confined to salary structures alone but encompass holistic total rewards frameworks linked tightly to talent acquisition pipelines and career sustainability models.
Strategic Compensation Management ensures that organizations attract, motivate, and retain top talent by balancing market competitiveness, internal equity, and performance-based differentiation. Simultaneously, integrating the recruitment process with career development strategies ensures organizational resilience and future workforce readiness by aligning capability building with career pathing.
This intensive ten-day program is meticulously designed to equip HR and Talent leaders with advanced technical skills, global frameworks, quantitative methodologies, and compliance knowledge necessary to build and manage world-class reward systems and future-proof recruitment and career development pipelines aligned with ISO, SHRM, WEF, and OECD standards.
Course Objectives
By the end of this course, participants will be able to:
- Design and implement comprehensive Compensation and Total Rewards strategies.
- Perform quantitative job evaluations and market benchmarking using established analytical models.
- Develop pay structures, pay-for-performance systems, and non-monetary reward frameworks.
- Ensure compliance with labor laws, equal pay acts, and tax regulations.
- Architect end-to-end recruitment process frameworks aligned with strategic workforce planning.
- Integrate career development structures into talent acquisition for sustainable organizational growth.
- Implement predictive talent analytics across recruitment and rewards decision-making.
- Build internal mobility systems supporting reskilling and career advancement.
- Align total rewards and career development to support Diversity, Equity, Inclusion, and Belonging (DEIB) strategies.
- Develop future-proof talent management ecosystems with quantitative monitoring systems.
Course Outline
Part 1 (days 1-5): Advanced Compensation and Reward Management
Day 1: Foundations and Strategy of Compensation Management
- Strategic Importance of Compensation in Business Sustainability and Competitive Advantage
- Core Theories: Equity Theory, Expectancy Theory, Reinforcement Theory
- Components of Total Rewards: Direct, Indirect, Intrinsic, and Extrinsic Rewards
- Building a Compensation Philosophy: Defining Organizational Pay Values and Positioning
- Integration of Compensation Strategy with Organizational Strategic Objectives
- External Environmental Factors: Inflation, Labor Market Trends, Globalization Effects
- Case Studies: Strategic Compensation Models in Leading Multinationals (e.g., Google, Unilever).
Day 2: Job Evaluation, Benchmarking, and Pay Structure Development
- Comprehensive Job Analysis Techniques: Critical Incident Technique, PAQ, Functional Job Analysis
- Quantitative Job Evaluation: Hay Group Method, Point-Factor Method, Factor Comparison Method
- Designing Internal Equity Structures: Grading Systems and Salary Bands
- External Equity and Market Pricing: Wage Surveys, Salary Benchmarking Tools
- Building Market-Based Pay Structures: Compa-Ratio Analysis, Range Spreads
- Use of Analytical Tools: Excel Pay Models, Pay Equity Analysis Software
- Best Practices: Compensation Grading in Multi-National and Matrix Organizations.
Day 3: Advanced Variable Compensation and Incentive Plan Designs
- Frameworks for Pay-for-Performance Systems: MBO, Forced Ranking Systems, 9-Box Grids
- Short-Term Incentives (STI): Annual Incentive Plans, Bonus Plans
- Long-Term Incentives (LTI): Stock Options, Performance Shares, Deferred Compensation
- Commission and Incentive Plan Designs: Split Commission Models, Accelerator Models
- Executive Compensation Design and Governance: SEC Regulations, Say-on-Pay Guidelines
- Performance Metrics Selection: Financial vs Non-Financial KPIs
- Linking Risk Management with Incentive Systems: Malus, Clawback Provisions.
Day 4: Total Benefits Programs and Non-Monetary Reward Innovations
- Benefits Portfolio Engineering: Health, Life, Retirement, Paid Time Off, Educational Assistance
- Flexible Benefits Schemes: Modular Plans, Voluntary Benefits Cafeterias
- Emerging Trends: Financial Wellness Programs, Mental Health Programs, ESG-based Benefits
- Non-Financial Rewards: Employee Recognition Systems, Career Development Opportunities
- Global Mobility and Expatriate Compensation Management: COLA, Hardship Allowances
- Design of EVP (Employee Value Proposition) and Total Rewards Communication Strategies
- Application of Workforce Segmentation in Tailoring Benefits Offerings.
Day 5: Compliance, Governance, Analytics, and Future Trends
- Compensation Governance Frameworks: Board Remuneration Committees, External Auditor Requirements
- Legal Compliance Overview: FLSA, Equal Pay Act, Gender Pay Gap Reporting, GDPR Impacts
- Taxation of Compensation Plans: Deferred Compensation Taxation, Cross-Border Tax Rules
- Development of Pay Transparency Policies: Internal Disclosure vs Full Disclosure Models
- Building Reward Analytics Dashboards: Key Metrics (e.g., Cost of Workforce, Pay Competitiveness Ratios)
- Predictive Analytics Applications: Forecasting Compensation Risk and Attrition
- Future Trends: Blockchain in Payroll, AI in Pay Equity, ESG-linked Compensation Metrics.
Part 2 (days 6-10): Recruitment Process and Career Development Architecture
Day 6: Strategic Recruitment Planning and Talent Acquisition Architecture
- Strategic Workforce Planning: Supply-Demand Talent Gap Analysis
- Workforce Segmentation and Talent Personas: Strategic Hiring Targeting
- Employer Branding Engineering: EVP Communication through Omni-Channel Strategies
- Recruitment Process Outsourcing (RPO) Models and Vendor Management
- Advanced Talent Sourcing Techniques: Boolean Search, Passive Candidate Engagement
- Global Talent Acquisition Models: Offshoring, Nearshoring, Cross-Border Recruitment
- ATS (Applicant Tracking Systems): Selection, Configuration, KPI Tracking.
Day 7: Talent Assessment, Interviewing, and Selection Frameworks
- Competency Frameworks Alignment: Skills-Based vs Role-Based Hiring
- Advanced Pre-Employment Assessment Tools: SHL, Korn Ferry, Hogan Assessments
- Predictive Validity of Assessment Tools: Statistical Validation Techniques
- Structured Interview Design: Panel Interviews, Case-Based Interviews
- Bias Mitigation in Recruitment: Structured Scoring Rubrics, Blind Screening Techniques
- Legal Considerations: Equal Opportunity Hiring, Fair Chance Hiring Laws
- Selection Matrix and Decision-Making Frameworks.
Day 8: Career Development Frameworks for Talent Sustainability
- Defining Career Ladders and Lattices: Horizontal vs Vertical Progression Models
- Capability Building Initiatives: Individual Development Plans (IDP), 70:20:10 Learning Models
- Career Pathing Software Tools: Fuel50, Degreed Career Mobility Solutions
- Strategic Talent Pools Creation: High-Potentials (HiPos), Future Leaders, Critical Roles
- Succession Planning Methodologies: 9-Box Grid Analysis, Replacement Charts
- Career Planning Workshops and Career Coaching Models
- Measuring Career Development Program Effectiveness.
Day 9: Internal Mobility, Succession Planning, and Talent Redeployment
- Internal Talent Marketplace Platforms: Design, Launch, and Governance
- Risk-Based Succession Planning Models: Readiness Ratings, Pipeline Stability Analytics
- Internal Recruitment Campaigns and Process Management
- Cross-Skilling and Re-Skilling Initiatives: Role Transitions and Workforce Agility
- Redeployment Planning: Project-Based Talent Allocation Models
- Retention Metrics and Predictive Modeling: Flight Risk Prediction
- Case Studies: Internal Mobility Programs at PepsiCo, IBM, Amazon.
Day 10: Future Talent Management Systems and Global Trends
- AI, Blockchain, and Predictive Analytics in Recruitment and Career Development
- Skills-Based Organization Models: Moving Beyond Job Titles
- Digital Credentialing and Talent Validation Ecosystems
- Building Sustainable DEIB Strategies within Talent Acquisition and Career Development
- Integrating ESG Principles into Workforce Management
- Strategic Workforce Resilience Models: Building Agile, Digital-Ready Talent Pipelines
- Final Workshop: Crafting an Integrated Recruitment and Career Development Strategy Blueprint.
Course Duration:
10 days
Course Fees:
8000 US$ / Participant / Course
