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Mercer Total Rewards Strategy (TRS) Program
In today’s competitive and volatile business environment, the Human Resource function is called upon to make competitive salary decisions. In this series, you will learn how to design and implement a scalable compensation program that is suitable for the organization’s specific needs. Whether developing a compensation framework, identifying the ideal mix of rewards, or selecting the right performance measures, this workshops are designed to help you gain the knowledge you need to design and implement a rewards program that is tailor-made for your organization.
Other programs:
Workshops
Workshop 1: Harnessing a Total Rewards Strategy
Hybrid
September 4
SGD 1260 + 9% GST
09:00 - 17:00
- Explore paradigms for a Total Rewards Strategy, alongside handles on segmentation, to meet the increasingly diverse needs of the workforce
- Connecting Total Rewards strategy with organizational strategy
- Reviewing different components of Total Reward
- Design of Total Rewards Vehicles, Implementation and Communication
- Practical case studies and exercises across implementing total rewards components that fit your culture
Workshop 2: Performance Management
Hybrid
October 2
SGD 1260 + 9% GST
09:00 - 17:00
- Learn what performance management is and its impact on organization
- Understand the role of performance culture in driving and sustaining performance
- Explore how we define performance that best reflects the organizational needs
- Learn how performance management enables and reinforces the mindset (process and tool design)
- Explore the principles behind defining performance expectations, performance dialogue, and typical linkages to development and rewards
Workshop 3: Short term incentives and variable pay design
Hybrid
May 28 and November 20
SGD 1260 + 9% GST
09:00 - 17:00
- What is pay for performance, and what are some recent developments?
- Learn what are the different types of variable pay plans
- What are some design steps and considerations when designing your own performance plans?
Workshop 4: Sales incentive plan design
Hybrid
June 19
SGD 1260 + 9% GST
09:00 - 17:00
- Learn what is a sales incentive plan and how it is different than other variable pay plans
- Understand details of different plan options and their applicability
- Overview of design process of a sales incentive plan
- Learn about the ten critical decisions to design a sales incentive plan – including key details such as determining eligibility for sales incentive, mix between fixed and variable pay, upside on earning opportunities and selection of right performance measures, and so forth.
- Latest design trends in sales incentive plans
Workshop 5: Long term incentive plan design
Hybrid
October 30
SGD 1260 + 9% GST
09:00 - 17:00
- Overview of long-term incentives (LTI) and their importance in attracting, motivating, and retaining top talents
- The linkages between incentive and longer-term business performance and strategy
- Different types of LTI: features, advantages and considerations of each type of incentives
- LTI for different growth stages
Virtual workshop 
Face to face workshop Hybrid workshop
Discounts
You may register for any workshops across different programs.
- 4 workshops at 10% discount (Promo code: "SWS10")
- 5 or more workshops at 15% discount (Promo code: "SWS15")
Participants will receive individual certificate of attendance for the completed course.