Course Overview
- Course Title: Performance Rewards: KPI-Based Recognition System Design
- Instructor: Pritula Academy
- Target Audience:
- HR professionals
- Business managers
- Compensation specialists
- Prerequisites:
- Basic understanding of HR processes and organizational structure
- Familiarity with employee performance management concepts
- Interest in compensation, employee motivation, or Total Rewards strategies
- Willingness to apply concepts to real business scenarios during homework tasks
Curriculum Highlights
- Key Topics Covered:
- Foundations of Compensation Strategy
- Role Analysis & Success Metrics
- Building KPIs and Performance Indicators
- Choosing the Right Compensation Model
- Documenting and Communicating the System
- Launching, Budgeting, and Monitoring
- Key Skills Learned:
- Understand the role of incentive systems within Total Rewards strategy
- Identify key objectives and outcomes of performance-based compensation
- Analyze employee roles and define performance expectations
- Conduct job analysis and define success factors for each position
- Develop effective KPIs and differentiate between output and performance indicators
- Choose the right performance-linked pay structure
- Design a clear and motivating incentive structure that aligns with business goals
- Integrate rewards into the HR strategy and company-wide performance system
- Create employee-facing documentation to communicate the system effectively
- Launch and manage a performance pay system with tools, budgeting, and employee feedback
- Monitor system effectiveness and make data-driven improvements
Course Format
- Duration: 3.5 hours on-demand video
- Format: Self-paced online course
- Resources:
- 6 downloadable resources
- Access on mobile and TV
- Closed captions
- Audio description in existing audio
- Certificate of completion