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Training and development

Devising Effective Reward Structures

Most forward thinking organisations today operate some sort of reward/bonus scheme in an effort to motivate employees whilst attempting at the same time to stabilise and reduce employee turnover.
Course Overview

Currrent thinking suggests that a reward structure should reflect the organisational ethos and give sufficient openness to allow people to succeed.  Organisations in the 21st century need to be flexible enough to adapt to the tightening competition to attract and retain good employees; this brings the reward structure into a sharper focus than ever before.

  • Reward strategy
  • Reward and culture
  • Pay and motivation
  • Assessing the current structure
  • Devising base pay
  • Performance related pay
  • Job evaluation (demonstration of a computerised system)
  • Flexible pay and benefits
  • Incentives (team / individuals)
  • Implementing changes
  • Managing the pay process
  • Complying with the law
Benefits of Attending
This course will outline the construction of effective reward schemes and enable delegates to understand the link between the reward structure and the aims and ethos of the organisation. It will examine in detail the various options available for reward / bonus schemes, discuss how to motivate employees and will seek to answer the question "what is being bought for the cost?".
Who Should Attend?
Managers and directors who are looking to set up a reward / bonus scheme and those who wish to become more knowledgeable about the construction of reward structures and motivation in general.
Non-Member Price
£500 + VAT
Member Price
£425 + VAT
Duration
Two days
further information:
For further information please contact Gaye Turk, Training Co-ordinator on 01256 763969 or email gturk@eef.org.uk
hr &amp; legal training<BR><BR>also available in-company
Course types
in-company programme
training course
Aimed At
HR Professionals - Experienced
Managers - Middle
Managers - Senior or Director
Course Subjects
HR+%26+Legal training
Venues and Dates
25/03/2009 to 26/03/2009
Hook, Hampshire

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Contact us:

EEF, the manufacturers' organisation - Broadway House - Tothill Street - London SW1H 9NQ
t: 020 7222 7777 f: 020 7222 2782 e: enquiries@eef.org.uk VAT registration number: GB 941 8117 27

EEF Limited is the organisation for manufacturing, engineering and technology-based businesses. It is an employers association regulated under Part II of the Trade Union and Labour Relations (Consolidation) Act 1992 and a company limited by guarantee. EEF Limited is registered in England and Wales, registered no 05950172, and its registered office is Broadway House, Tothill Street, London, SW1H 9NQ

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