Design Effective Incentives MasterClass
Online MasterClass | 08 & 09 November, 2021
This course is designed to equip human resources professionals in developing and improving the use of variable pay to support annual business results. While management may oppose raising fixed costs such as base salary and allowances, owners and leaders of organizations generally embrace the use of variable pay which is generally self-funded when designed properly, and can significantly change employee behaviors, alignment of effort, motivation and attraction/retention of higher-performing talent.
The course covers the basic concepts in terminology surrounding variable pay including pay mix, types of incentives, team versus individual, line of sight, eligibility, performance measures and metrics, target setting and incentive plan diagnostics. The course focuses on corporate bonuses, sales compensation, profit sharing and gainsharing designs, and covers affective communication of incentives as well. Ample time is provided for open discussion including discussion of participant incentive challenges at work.
Design Effective Incentives MasterClass
Online MasterClass | 08 & 09 November, 2021
EVENT INTRODUCTION
This course is designed to equip human resources professionals in developing and improving the use of variable pay to support annual business results. While management may oppose raising fixed costs such as base salary and allowances, owners and leaders of organizations generally embrace the use of variable pay which is generally self-funded when designed properly, and can significantly change employee behaviors, alignment of effort, motivation and attraction/retention of higher-performing talent.
The course covers the basic concepts in terminology surrounding variable pay including pay mix, types of incentives, team versus individual, line of sight, eligibility, performance measures and metrics, target setting and incentive plan diagnostics. The course focuses on corporate bonuses, sales compensation, profit sharing and gainsharing designs, and covers affective communication of incentives as well. Ample time is provided for open discussion including discussion of participant incentive challenges at work.
Who should attend?
The course will be highly beneficial for those with responsibility for managing designing, administering or reviewing incentive compensation plans including corporate bonuses, sales compensation or other forms of variable pay. Participants should have at least 2 years of experience doing compensation and benefits within a generalist or specialist role.
Past Clients
Testimonials
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The level of professionalism of the trainer. Fine-tuned program without wasting time
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Managing Director – European pharma company
Testimonials
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Clear and interesting way of presenting issues, good examples and very knowledgeable trainer.
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HR Director - Multinational company based in Europe
Testimonials
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Excellent trainer, super skilled, funny and extremely dynamic
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M&A Professional
Testimonials
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This training was interesting and I would love to attend more trainings like this.
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HR Professional
Testimonials
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All lectures of the trainer was exactly what I was looking for and it was directly related to my experties and area that I am working. On top of that he prepared all lectures in a very practical way and also took his time to asnwers to the questions and he made sure that we got the asnwer. The organization of this class was also very good.
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Pharmaceutical professional
Testimonials
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Comprehensive overview with very knowledgeable and experienced trainers. The break-out sessions were great as they made the course more interactive and allowed us to apply the concepts in practice.
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Banking professional from Europe
About GLC EUROPE
Global Leading Conferences is specialized in designing, creating and executing impactful, and pragmatic Conferences, Masterclasses and in-house training.
We take pride in empowering thousands of professionals around the world to learn, network, make connections, and do business with thought leaders and visionaries across multiple industries.
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Specialized in planning, designing, and organizing interactive, impactful, and pragmatic B2B events, GLC actively collaborates with professionals in major sectors, such as Finance, Pharmaceutical, Human Resources, Health & Safety, and Energy to understand the challenges and issues that each industry endures.
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The MANAGEMENT
GHAZAL ZOHREHNEJAD
Managing Director / Co-founder
LÁSZLÓ ÁRVAI
Managing Director / Co-founder
KRISZTIÁN ÖTVÖS
Managing Director / Co-founder
