Developing a Reward Strategy

CIPD Training
Course summary
2 days
935 GBP excl. VAT
Open / Scheduled

Course description

Developing a Reward Strategy - 2 day course - CIPD Training

This two-day Developing a Reward Strategy course provides a practical introduction to the process of reward strategy development through action planning, case studies and group discussions. You'll gain the skills, theory and specialist knowledge needed to implement effective reward strategies, and associated processes, to build on your organisation’s success. As part of the programme you'll build the first steps to develop the reward strategy for your organisation.

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Suitability - Who should attend?

Developing a Reward Strategy is perfect for you if you’re a senior HR or reward practitioner with responsibility for remuneration strategy, policy and development. The course is suitable for those in the private, public and voluntary sectors. You’ll discover the theoretical and practical issues in developing a reward strategy, and how to develop your own reward strategy unique to your organisational circumstances.

In-house training

All CIPD Training programmes can be run in-house, where we can tailor the content to your organisation’s unique needs. 

Outcome / Qualification etc.

This course can make a huge difference to you and your organisation in a number of ways. You'll learn to improve employee and organisational performance with a competitive reward strategy to gain maximum return from your reward investment.

Training Course Content

The course outline is as follows:

What is a reward strategy?

  • objectives and success measures

    Understanding the reward environment

    • business environment and organisational needs
    • HR environment
    • employee motivation and needs
    • organisation values

    Reward strategy design

    • total reward
    • strategy development
    • links with other HR programmes
    • developing the plan, tools, communication, success measures
    • the change process 

    Reward components

    • overview of reward tools and techniques (as appropriate for the group)
    • total reward
    • programme options
    • success measures

    Evidence-based strategy design

    • understanding the framework
    • evidence-based success criteria
    • measures

    Reward philosophy

    • Guiding principles
    • examples

    Reward strategy development

    • the process of developing a reward strategy
    • current practice

    Implementing your reward strategy

    • the paradoxes
    • barriers to success
    • enablers

    Action planning

    • learning from extensive case studies
    • develop the first building blocks for your reward strategy.

    Why choose CIPD Training

    Over 100 years of experience

    Join over 25,000 professionals currently studying

    100+ short courses


    Non-member Fee: £935 + VAT

    CIPD Member Fee: £850 + VAT

    About provider

    CIPD Training

    Shaping the future of the HR and L&D profession. The CIPD is championing better work and working lives, setting the benchmark for excellence in people and organisational development.  With more than 100 programmes, CIPD Training is one of the UK's...

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    Contact info

    CIPD Training

    151 The Broadway
    SW19 1JQ London

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    Average rating 5

    Based on 1 reviews

    Jo, HR Manager
    Both tutors were excellent – very knowledgeable and also willing to give their time during breaks to discuss specific issues.
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