|
GR7:
International Remuneration
- An
Overview of Global Rewards
Overview
· Examine
why companies globalize and the impact of it
· Take
a look at cultural issues and influences that affect the design and
delivery of global rewards
· Discover
primary similarities and differences when developing a
compensation/remuneration strategy
· Gain
an overview of benefits in different regions that may serve as a starting
point for developing a global benefits strategy
· Explore
work-life, performance & recognition, and development & career
opportunities and their effect on attraction, motivation and retention
throughout the world
· Find
out several approaches and issues associated with managing international
assignments
· Discuss
emerging marketing trends and the future of global rewards
This basic-level course
offers an overview of international remuneration and its role within global
organizations. It includes summaries of reward practices in various
countries and regions of the world, a discussion of international
assignments and reward strategies, an analysis of the differing influence
of governments on remuneration practices and the role of remuneration and
rewards within the overall global management of human resources. On the
fourth morning, an optional certification exam is administered covering the
content of this course.
......................................................................................................................................................................
Who Should Attend
This
course is recommended for HR generalists and specialists from all functions
seeking a broad understanding of total remuneration policy and practices
around the world. It serves as an
overview of global practices in total remuneration. It also serves as an
introduction to global strategy.
......................................................................................................................................................................
What You Will Learn
Globalization, Remuneration and Total Rewards
• Globalization
• The global business environment
• Total remuneration
Influences on Reward Systems
• Influences on total rewards
• The impact of culture
• Other influences
• Government controls
• Influence of technology
• Rewards planning
• Common-sense global practices
Global Compensation Practices
• Elements of compensation
• Factors to consider in compensation/remuneration
• Base pay delivery
• Variable pay delivery
• Executive compensation
• Common-sense global practices
• Summary of compensation challenges
Global Benefits Practices
• Benefits
• Influences on global benefits planning
• Global benefits strategy
• Government programs
• Company programs
• Global benefits trends
• Examples of country-specific rewards
Work-Life, Performance and Recognition, Development &
Career Opportunities
• Total rewards in the global workplace
• Global performance management
• Global employee assistance programs
• Attraction and retention
Managing International Assignments
• Definitions
• Evolution of international assignments
• International assignments
• Compensation systems
• Retirement issues
• Other issues
Cross-Border Mergers and Acquisitions
• Definitions of key terms
• Cross-border mergers and acquisitions
• The role of human resources
• The importance of culture
• Other global M&A issues
• Successful cross-border mergers and acquisitions
The Future of Global Rewards
• Becoming a strategic partner
• Global trends in total rewards
• Emerging markets
• Developing a global action plan
• The future of globalization
Global Remuneration Practices
• Elements of remuneration
• Factors to consider in remuneration
• Base pay delivery
• Variable pay delivery
• Executive remuneration
• Common-sense global practices
• Summary of remuneration challenges
Global Benefits Practices
• Benefits
• Influences on global benefits planning
• Global benefits strategy
• Government programs
• Company programs
• Global benefits trends
• Example of country specific rewards
The Global Work Experience
• The global work experience
• Attraction and retention
• Global employee assistance programs
Managing International Assignments
• Definitions
• Evolution of international assignments
• International assignments
• Remuneration systems
• Retirement issues
• Other issues
Cross- Border Mergers and Acquisitions
• Definitions of key terms
• Cross-border mergers and acquisitions
• The role of HR
• The importance of culture
• Other global M& A issues
• Successful cross-border mergers and acquisitions
The Future of Global Rewards
• Becoming a strategic partner
• Global trends in total rewards
• Global performance management
• Emerging markets
• Developing a global action plan
• The future of globalization
......................................................................................................................................................................
Credits
GRP: Required;
Certificate in Global Remuneration: Required; Recertification: 2 course, .5
Exam
CEUs: 1.5 Course, .3 Exam; CCP or CBP Equivalency: T9
|
