Target Audience

Directors, Business Leaders, HR Directors, Managers and Entrepreneurs.
Programme Standards

- Maximum 6 attendees
- 30 days of one to one support
- Handouts
- Programme director/s with at least a Masters Degree in the subject
- Convenient morning timings or in-house at any time for a minimum of two bookings
- Can be configured to address a number of professions and industry sectors

Price

EUR248 ex VAT per participant.
Equitable Compensation  Package Engineering Workshop
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This workshop equips managers with the knowledge and tools to design and implement fair and equitable compensation strategies that attract, retain, and motivate employees. It explores a holistic approach to compensation packages, addressing both financial and non-financial rewards.  The workshop also delves into conditions of work, work-life balance, and hybrid work arrangements to ensure alignment with organisational goals and employee satisfaction.  By the end of the workshop, participants will be confident in developing compensation frameworks that balance business priorities with employee expectations, ensuring fairness across the board.
Topics Covered
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Understanding Equitable Compensation
This module introduces the concept of equitable compensation, focusing on its importance in fostering a fair and inclusive workplace. Participants will explore the distinction between equality and equity, understanding how compensation strategies must reflect diverse employee needs and contributions. The module examines key factors that influence equitable pay, such as job responsibilities, employee performance, and market standards. Through practical examples and benchmarking techniques, managers will learn to assess existing compensation structures and identify gaps. By the end of this module, participants will have a solid foundation for creating strategies that align with organisational goals while promoting fairness and inclusivity in rewarding employee contributions.

Designing Comprehensive Compensation Packages
In this module, participants will learn to design compensation packages that go beyond base salaries to include financial and non-financial rewards. The session covers essential components such as bonuses, benefits, and retirement plans, alongside non-financial perks like professional development, flexible work arrangements, and wellness programmes. Emphasis will be placed on tailoring packages to diverse employee needs while ensuring alignment with organisational objectives and market trends. Participants will explore real-world case studies to identify best practices and innovative approaches. By the end of this module, managers will be equipped with practical tools to craft compensation packages that balance business priorities with employee satisfaction, fostering equity and retention.

Evaluating and Benchmarking Pay Structures
This module focuses on assessing and benchmarking pay structures to ensure alignment with market standards and internal equity. Managers will learn how to conduct job evaluations, analyse salary surveys, and compare compensation packages across similar roles within and outside the organisation. The module also addresses pay transparency and how it contributes to building trust and reducing disparities. By the end of this module, participants will have a clear framework for evaluating pay structures and maintaining competitive, fair, and equitable compensation practices.

Navigating Legal and Ethical Considerations
This module examines the legal and ethical aspects of compensation management, focusing on compliance with labour laws, anti-discrimination policies, and pay equity legislation. Participants will learn to identify and mitigate potential risks, such as unintentional biases in pay decisions or disparities across demographic groups. The module also explores ethical considerations in structuring compensation, including transparency and accountability.  By the end of this module, participants will be confident in navigating the legal and ethical landscape of equitable compensation.

Innovative Compensation Models for the Modern Workforce
This module explores innovative compensation models that address the changing dynamics of the modern workforce. Managers will learn about performance-based pay, skills-based compensation, and team-based rewards, as well as models that prioritise work-life balance, hybrid work arrangements, and non-traditional benefits. The session includes strategies for integrating employee preferences into compensation decisions, leveraging tools like feedback surveys and data analytics. By the end of this module, managers will be prepared to adopt forward-thinking compensation strategies that align with employee expectations and organisational goals.