Learning Options

International Remuneration-An Overview of Global Rewards
Certification Course: T9

Strike a Global Balance

This basic-level, two-day course offers an overview of total remuneration and its role within global organizations. It includes summaries of remuneration practices in various countries and regions of the world, a discussion of expatriate pay strategies, an analysis of the differing influence of governments on remuneration practices and the role of remuneration within the overall global management of human resources.

• Examine why companies globalize and the impact of it
• Look at cultural issues and influences that affect the design and delivery of global rewards
• Discover primary similarities and differences when developing a compensation/remuneration strategy
• Gain an overview of benefits in different regions that may serve as a starting point for developing a global benefits strategy
• Explore work-life, performance & recognition and development & career opportunities, and their effect on attraction, motivation and retention throughout the world
• Learn several approaches and issues associated with managing international assignments
• Discuss emerging marketing, trends and the future of global rewards

Who Should Attend

This course is recommended for HR generalists and specialists from all functions seeking a broad understanding of total remuneration policy and practices around the world. It serves as an overview of global practices in total remuneration. It also serves as an introduction to global strategy.

What You Will Learn

Globalization, Remuneration and Total Rewards

• Globalization
• The global business environment
• Total remuneration

Influences on Reward Systems

• Influences on total rewards
• The impact of culture
• Other influences
• Government controls
• Influence of technology
• Rewards planning
• Common-sense global practices

Global Compensation Practices

• Elements of compensation
• Factors to consider in compensation/remuneration
• Base pay delivery
• Variable pay delivery
• Executive compensation
• Common-sense global practices
• Summary of compensation challenges

Global Benefits Practices

• Benefits
• Influences on global benefits planning
• Global benefits strategy
• Government programs
• Company programs
• Global benefits trends
• Examples of country-specific rewards

Work-Life, Performance and Recognition, Development and Career Opportunities

• Total rewards in the global workplace
• Global performance management
• Global employee assistance programs
• Attraction and retention

Managing International Assignments

• Definitions
• Evolution of international assignments
• International assignments
• Compensation systems
• Retirement issues
• Other issues

Cross-Border Mergers and Acquisitions

• Definitions of key terms
• Cross-border mergers and acquisitions
• The role of HR
• The importance of culture
• Other global M&A issues
• Successful cross-border mergers and acquisitions

The Future of Global Rewards

• Becoming a strategic partner
• Global trends in total rewards
• Emerging markets
• Developing a global action plan
• The future of globalization

	Credits CCP: Elective CBP: Elective Recertification: 2 course, .5 Exam CEUs: 1.5 Course, .3 Exam CPEs: 16 CPIM/CFPIM/CSCP: 14 points PHR/SPHR/GPHR recertification hours: 16
	Course book amendments
	Faculty
	Test your knowledge

Consider Bringing This Course to Your Location This professional development program and others offered by WorldatWork can be customized to meet the unique needs of your organization and delivered at your location. For more information, contact a Corporate Education Resource Manager at 877/710-5970 or 480/905-5980.