Developing a Remuneration Strategy Self-Study Course

A remuneration strategy cannot be designed in isolation. Before an organization can determine how to pay its people, it must first be clear about where the business is heading and what it is trying to achieve. These long-term goals are expressed through strategic business objectives. This course explores how to define strategic business objectives and why they are the essential first step in designing a remuneration strategy.

TOPICS DISCUSSED

• Define Strategic Business Objectives
• Link HR Objectives and Strategic Goals
• Define Remuneration Objectives
• Consult with Stakeholders
• Consider Key Factors
• Calculate and Design Pay Grades
• Communicate the Strategy
• Monitor and Evaluate
• Key Tax Considerations