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Exam Number : T1-GR1
Exam Name : Total Rewards Management Exam
Vendor Name : Worldatwork
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Knowing what is required for an effective total rewards strategy will set you apart as a human resources professional. In this course, you will learn how to design and implement a total rewards program that meets your organizations specific needs and includes an ideal mix of rewards across the six rewards elements:
- Compensation
- Benefits
- Work-Life Effectiveness
- Recognition
- Performance Management
- Talent Development

Designed for new HR professionals, HR generalists and line managers, this course will empower you with the basic skills and knowledge to create a successful total rewards strategy for your organization. While developed to be an introduction to the total rewards system, the content goes beyond the basics to cover more advanced syllabus such as aligning total rewards with your organizations culture, HR goals and business strategy.

Introduction to Total Rewards
Learn about the evolution of HR rewards; the total rewards model, strategy and approach; and drivers and elements of total rewards strategy.

Compensation Discover the factors influencing compensation. Learn about base pay structure and design as well as differential pay and variable pay.

Benefits
Learn what influences benefits and about income protection for benefits and pay for time not worked programs.

Work-Life Effectiveness
Learn the basics of work-life effectiveness, the work-life professional and work-life portfolio.

Recognition
Learn about the value of recognition programs and how to use them to drive results along with the different types of recognition plans and programs.

Performance Management
Gain knowledge about performance management and learn about pay for performance, principles of merit pay programs, base pay investment and merit increase guidelines.

Talent Development
Discover the role of talent development in total rewards and learn about the types of talent development opportunities and how to measure their effectiveness.

Total Rewards – Pulling it All Together
Finish with a review of the total rewards system, process and design considerations to ensure you walk away with the knowledge to design and implement a total rewards program tailor-made for your organization and that communicates the value of total rewards.



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Worldatwork Rewards outline

a way to put in force worker performance experiences | T1-GR1 boot camp and real questions

notwithstanding you might also have simply launched your small company, bringing structure to the workplace is a imperative task. Your human materials leader’s potential should be invaluable as you put into effect an worker performance program. personnel are encouraged by way of receiving remarks about their capabilities, capabilities and accomplishments. Likewise, many personnel admire feedback that helps enrich their weaknesses. enforcing a efficiency evaluate application will get your enterprise off to a fine birth.

discuss the numerous forms of efficiency reports along with your human materials chief. she can explain the merits of pay-for-performance, 360-degree studies, pressured distribution and worker self-assessment strategies. The classification you come to a decision to use will rely upon your company’s dimension, the employee to supervisor ratio and the areas wherein your employees are evaluated.

make the most of the competencies you won from human supplies to determine how each type of performance assessment works surest in your corporation. you probably have a excessive worker to supervisor ratio, you may also are looking to trust a evaluation software that doesn’t require an inordinate amount of time from managers. you are going to doubtless want your managers to dedicate the vast majority of their time to constructing their departments in a newly formed small company.

check with the government management team and human substances to get opinions on the appreciated program. compare the merits and disadvantages for each and every classification of performance assessment program and the way every one could be implemented. reach a consensus concerning the class of evaluate application.

can charge you human materials chief with creating the classification of efficiency review your executive leadership prefers. Work at the side of human supplies to be sure the company philosophy, mission and values are woven into the efficiency necessities. The performance specifications are what you predict of personnel within the approach of job obligations, achievements, productivity, interpersonal advantage and motivation degrees.

improve a practising software for managers and supervisors on a way to use the brand new performance overview software. Your human elements chief and practicing professional will collaborate to create practicing that addresses primary supervisory and management talents, and teaches them how to use the evaluate forms.

Convene an all-employee assembly to clarify the performance assessment program. deliver examples concerning the benefits of the application, answer any questions employees have comparable to software effectiveness and objectivity. accept as true with employee self-contrast if the all-employee meeting reveals that employees wish to have a say in evaluating their own efficiency.

set up a date certain on which the evaluation length will begin and conclusion, how the appraisal meetings might be held and what to expect after the appraisal meeting, equivalent to earnings increases, bonuses or different worker rewards.

References

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author Bio

Ruth Mayhew has been writing seeing that the mid-Nineteen Eighties, and she has been an HR field depend professional on the grounds that 1995. Her work seems in "The Multi-Generational personnel within the fitness Care business," and she has been referred to in numerous publications, including journals and textbooks that focal point on human elements administration practices. She holds a master of Arts in sociology from the tuition of Missouri-Kansas metropolis. Ruth resides within the nation's capital, Washington, D.C.

the way to examine efficiency contrast Practices the way to Administer an outstanding performance Appraisal gadget efficiency Appraisal systems in businesses methods, options or equipment for Appraising performance a way to outline a efficiency Appraisal application comparison of Job performance How Is an employee comparison completed by means of HR? efficiency Appraisal desires & Measures An employee comparison of a manager the way to Maximize employee performance With Bonuses a way to construct Visionary leadership Planning assessment innovations



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