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Certified Compensation &

Benefits Professional
www.ibeforum.com

Sandrine Bardot 13th - 16th May 2024 | Kuala Lumpur, Malaysia


Certified Compensation & Benefits Professional

Course Overview Key Takeaways


The whole training provides a small base of theoretical info  Recognise why having a Rewards policy helps you drive all
where needed, but is more importantly based on Sandrine’s your efforts in Total Rewards
28-year experience in the high-tech, telecom, O&G, retail,  Assess multiple ways of creating the midpoints of your
manufacturing, finance and real estate industries in Europe, salary ranges starting from scratch
the Middle East, Africa, as well as government in the GCC.
 Learn how to use your salary review budget to design
As a result, it’s full of practical ideas, examples, and includes your merit matrix, and how to include multiple levels of
case studies/exercises. In an easy-going style, she shares variability in the merit matrix.
tricks and anecdotes to make it easy for participants to  Maintain control over your costs and organisational
apply some of these concepts and new skills when they structure through guidelines for tightening the criteria for
return to work. eligibility to promotion
 Master the important principles that should always
Sandrine encourages the delegates to participate (she likes underline how you design incentives at your company
to make it conversational, not like a grand lecture) and ask (annual bonus, sales incentive), with case studies
questions, share their situation…
 Understand how to link employee engagement to rewards
and recognition
 Discover how to think about optimising End of Service and
health benefits
What delegates say about
Receive practical tips for getting buy-in for any Rewards
Trainer courses

project

I enjoyed the relaxed manner of the workshop as it


allowed time for discussion. An LTI has been designed for
(my company’s) top management however the questions
will help in my understanding of the process, in order to
Who should attend ?
implement it more effectively.
2 main audiences will benefit from this training
Rebecca Jeffs, Head of Talent and Reward, Serco,
UAE  Senior Compensation practitioners and experienced HR
professionals who have to assess, review and design
Sandrine is an amazing trainer and facilitator, she has
new schemes for their organisation. You will discover
excellent skills of making the information flow and easy
understandable by the attendees at different levels. I have practical techniques, best practices and actual examples
attended her workshop in Dubai (…) which focused on from other global companies, based on the trainer’s
designing employees retention schemes, where she gave
extensive experience as well as the interaction with other
some excellent examples and doable action plan in building
up own retention scheme. During the workshop she participants.
responded with a very practical comprehensive approach
for some cases raised by the attendees
 Finance professionals or General Managers who are
Khalid Sawalha, Director of HR and Corporate Affairs, Al
involved in pay, bonus, budget and other Rewards-
Badia Cement, Jordan
related activities. This training will give them the
background required to make the right decisions for their
Sandrine is a reference. We benefited a lot for her
experience. She’s definitely a great consultant. organisation.

Juliette Abou Rahal, Personnel and Compensation &


Benefits Manager, Murex, Lebanon

imroze.shaik@ibeforum.com
om | 1 347 514 7333 | +91 990 195 5118 | www.ibeforum.com | info@ibeforum.com
Certified Compensation & Benefits Professional

Course Outline
Expert Profile
Section 1 : The Reward policy
You will understand the “big picture” of defining your pay
Sandrine Bardot philosophy, and why it is a cornerstone of all other C&B
activities.
GCC government, semi-government and private
organisations rely on Sandrine’s advisory services to assess,  How it all fits together
design, or implement their C&B, performance management,
 The reward mix
recognition and employee wellness programmes.
 Steps to designing a new compensation structure
Through her exposure to multiple industries, countries and  Factors influencing policy design
challenges, Sandrine learned how “good” Compensation
& Benefits approaches support your company strategy,
improve employee engagement and retention, and increase Section 2 : From survey to salary
control over human capital costs. ranges
A multiple award winner, she delivers hands-on, pragmatic You will learn why you should not have more than 3 salary
methods with her clients, ensuring that the projects will have ranges. You will uncover how to flawlessly participate to
immediate impact and business value and don’t remain “an salary surveys. You will also master the basics of mathematics
idea on the shelf”.
for managing midpoints, and understand which elements to
look at when updating your salary ranges.
She spent 28 years specialising in International Compensation
& Benefits at Philips, France Telecom, Sita, Apple, Microsoft,
Fiat Group based out of Europe then in the UAE, at Majid  5 steps to a salary structure
Al Futtaim and Mubadala, leading Performance and Reward
 Defining pay : various options
globally for these two prestigious regional organisations
before setting up her boutique consultancy. • Trade-offs when designing salary ranges
• Narrow banding
Find details about her career, and connect with her on • Broad banding
LinkedIn at : http://linkedin.com/in/sandrinebardot or join • An alternative
her LinkedIn group Ladies in Reward.

 Salary Benchmarking
Sandrine loves to share what her years of experience in
the field have taught her, and also delivers public trainings • Why participate in surveys
as well as individual coaching for career-oriented HR • What to benchmark
professionals.
• Make or buy decision
• Design your own survey
As part of her outreach to educate the HR community on
these topics, she authors a blog, Compensation Insider. • Criteria for selecting the right survey
com, with over 300 articles published to date. She is also • Preparing the survey file
a regular speaker at HR conferences and private events in • Initial interpretation of the survey results
the region.

 Creating your salary ranges

1 – the maths behind :

• Target position to market


• The world of percentiles (including extrapolating
percentiles from market data)
• Defining “the market”
• Defining your peer group
• Aging data
• Lead/lag approaches

imroze.shaik@ibeforum.com
om | 1 347 514 7333 | +91 990 195 5118 | www.ibeforum.com | info@ibeforum.com
Certified Compensation & Benefits Professional

2 – set up your midpoint Section 4 : Incentives


• Handling the Fixed/Variable ratio This module focuses on the theories that underline incentive
• Calculating weighted mean/average schemes. We will then cover some principles around
• Setting up the midpoint incentive design, and discuss payout curves in detail. You will
be able to understand the mechanics of the scheme in your
organisation, so that you can perform payout calculations
3 – Finalise the salary range
accurately.
• Create minimum and maximum
• Step and midpoint progression  Background on incentives
• Smoothing and rounding
• What is the purpose of variable pay ?
• Overlap
• Bonuses vs incentives
• Symmetry of the salary range
• Different types of incentives
• What to do with outliers
• Eligibility to various incentives
• Tips for calculating bonuses
4 - General considerations on salary ranges

 Incentive plan design

Section 3 : Salary reviews and • Linking incentive design to company strategy

promotions • 5 questions to design an incentive plan


• Essentials on bonus payout curve
We will discuss which criteria to use for awarding salary
• Fixed/variable pay ratio
increases and promotions, in which order to apply the
• Design ownership
increases, how to set your budget, and the principles
behind merit matrices for individual salary increase
 Sales Incentive Plans
recommendations. Promotions will also be covered.
 Steps to design a sales compensation plan

 Salary increases :  Strategy alignment, eligibility and pay

• Employee position in the salary range • Strategy and job alignment

• Your pay philosophy : how does an employee • Who should be on the Sales Incentive Plan ?
move through the range ? • Fixed/variable pay ratio
• Different types of merit increases • Upside opportunity
• Preparing the salary increases
• The order of salary increases  Plan mechanics
• Setting the budget • Commission vs quota
• Categories of Sales measures
 Merit matrices • Categories of targets
• Example of a typical merit matrix • Managing quotas
• Principles in creating merit matrices • In Real Life example
• Advanced use of matrices • Payout calculations
• Uses of merit matrices • Performance period – discrete vs cumulative
• Out of cycle merit increase
 Assessing the plan
 Promotions • What should be improved in incentive plans ?
• Promotions numbers – background • General considerations on SIP assessment
• Individual criteria for promotion • How quota achievement should be distributed
• Typical promotion increases in the GCC • Pay differentiation
• Quota performance analysis

 Case study : analyse my SIP !

imroze.shaik@ibeforum.com
om | 1 347 514 7333 | +91 990 195 5118 | www.ibeforum.com | info@ibeforum.com
Certified Compensation & Benefits Professional

Section 5 : Retention, recognition Section 9 : Tricks of the trade


and engagement And now, it’s “let’s do it!” time ! Through real-life examples, we
Discover metrics that indicate a potential decrease in will discuss how to get buy-in from the CEO and CFO on your
employee engagement, watch recommendations from projects, and how to use a compensation communication
world-famous Dan Pink, and learn about designing matrix. We will conclude with Sandrine sharing some ideas
recognition schemes. to help you continue your learning in-house.

 What is employee engagement?  Defining and using a compensation


communication matrix
 Engagement and business results
 Factors influencing employee engagement • 4 steps to creating your 2 matrices
• How to use the matrix
• Demographic factors
• External factors
 Get Executive buy-in :
• Company factors
• GCC specifics • Example : calculating the impact of your program
• Communicating the value of your plan
 Hard metrics and soft metrics
 Autonomy, mastery and purpose  • Lunch and learn – your growth journey

 Are you in danger with your top performers?


 Linking engagement to rewards
 Designing your retention scheme
 In Real Life : a customer service retention scheme
 Specific design considerations for retention
schemes vs other STIs For an in-house training option, alternative
dates & locations kindly contact IBEForuM
 Recognition schemes

• The value of recognition programs We are happy to add extra content


• Traditional types of recognition plans to the programme to meet additional
requirements from your company.
• Recognition scheme categories
• Formal recognition “payout” example Arif Ulla | +91 984 511 3293
arif.ulla@ibeforum.com

Section 8 : Benefits
To round up the Total Rewards approach, we will cover
benefits

 Background on benefits

• Main types of core benefits


• Defining your benefits approach
• Why flexible benefits ?

 End of Service / pensiosn

• Defined Benefit vs Defined Contribution


• The EOS challenge in the GCC

 Healthcare
 Employee wellbeing

imroze.shaik@ibeforum.com
om | 1 347 514 7333 | +91 990 195 5118 | www.ibeforum.com | info@ibeforum.com
Certified Compensation & Benefits Professional
13th - 16th May 2024 | Kuala Lumpur, Malaysia

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