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Aon HewittRewards & Benefits Practice

Aon Hewitt Middle East Rewards AcademyCertified Rewards Professional

What is Reward Academy?

Reward Academy is a two day certified training program for human resource practitioners across the Middle East. With a focus on the fundamentals of rewards and their practical application in the workplace, the Academy is designed to equip the learners with the knowledge, tools and techniques to tackle rewards related issues in their organizations.

The Need

The Middle East market is growing at a rapid pace and slowly shifting from compensation to a greater focus on total rewards. A rewards professional is seen as an integral part of the human resource strategy and is expected to have the know-how about the practical application of its principles at the workplace. Aon Hewitt recognizes this need and hence created the Reward Academy to build the capability levels in the region and develop a pipeline of knowledgeable, practical, result-oriented rewards professionals across the Middle East region.

Who Should Attend It?

HR professionals specializing in rewards, wanting to refresh their concepts and discuss issues they face, as well as new practitioners keen to develop their fundamentals in rewards.

Learning Objectives

• Learn about key technical areas related to rewards and their practical application

• Delve into the basics of total rewards and understand its linkage to organization strategy and performance management

• Equip self with the tools and techniques for managing concepts such as reward strategy, job evaluation, base pay management, compensation and benefits benchmarking and incentives

• Understand and be able to manage barriers that prevent effective implementation of best practices to manage rewards

• Share your experiences and gain insights from reward experts as well as other professionals from a variety of industries across the region

About the CourseAn instructor-lead course intended to facilitate greater understanding of the principles of rewards and equip learners with the tools and techniques to tackle rewards-related issues at their workplace. The course covers essentials of total rewards, bringing a mix of theoretical knowledge and first hand experience contextualized to ensure a tailored delivery to our learners based on region, sector and level. Our team of facilitators ensure an interactive and inclusive approach to reach out to each and every learner and draw out unique experiences and examples.

The Academy also uses a live voting tool (individual responses are kept completely confidential) whereby participants can record their responses to some interactive questions interspersed with the course content to highlight the market practice in rewards and talk through these taking live examples. This tool was introduced in the region last year through our trainings as well as other presentations and has been an instant success with all clients.

Course FeeUSD 5,000 per participant for two days. We also offer an option of in-house training for organizations interested in hosting it only for their employees.

Course Venue

The Academy will be hosted at our Middle East Headquarters:

Address: Aon Hewitt Middle East DIFC, Al Fattan Currency House, Tower 2, Level 5 T: +971 4 3896 300 Dubai, United Arab Emirates

Course Overview: Wednesday 27th - Thursday 28th May 2015

Concept of Total Rewards• Introduction to the total rewards approach

and its key elements

Reward Strategy Articulation• Importance of articulating a reward strategy

aligned to organizational strategy

Job Evaluation and Grading Structure• Concept of job evaluation, key factors to be

considered

Key factors to consider• Compensation benchmarking

• Introduction to the concept and approach

• Key factors to be assessed, understanding how to interpret and apply market data

Base pay management• Defining pay ranges to reflect your

organization’s reward strategy, internal equity and external competitiveness

Short term incentives• Types of incentives, selecting the right

vehicle and designing an appropriate plan

Executive Compensation & Long term Incentives• Understanding the uniqueness of executive

compensation and its design contours

Employee benefits management• Leveraging employee benefits to structure

the total rewards package to attract and retain key talent

Linkage between Rewards and Performance Management• Critical linkages and mechanisms of

Rewards to Performance

Day 1 Day 2

Next course will be held on the 27th & 28th of May, 2015

Any change in dates will be communicated prior to the Academy

to all learners.

Contacts

Reuben Bent Senior Consultant+971 56 115 6441reuben.bent@aonhewitt.com

Aon Hewitt empowers organizations and individualsto secure a better future through innovative talent, retirement and health solutions. We advise, design and execute a wide range of solutions that enable clients to cultivate talent to drive organizational and personal performance and growth, navigate retirement risk while providing new levels of financial security, and redefine

health solutions for greater choice, affordability and wellness. Aon Hewitt is the global leader in human resource solutions, with over 30,000 professionals in 90 countries serving more than 20,000 clients worldwide.

For more information on Aon Hewitt, please visit http:// www.aon.com/middle-east

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