An Intensive 5-day Training Course
Talent Retention Through Remuneration and Training
Managing Pay Scales, Promotions and Provision of Training
CLASSROOM DATES
INTRODUCTION
Retention is an important issue in organizations, regardless of whether the economy is declining or booming across all industries and countries. The challenge to retain key talents in order to sustain a competitive advantage preoccupies the minds of many business leaders. Today’s key employees have many employment options. One question that arises in this context is: how can remuneration and training foster employee commitment? Research reveals that, even though pay and benefits count, one cannot depend on money alone to retain talented employees. Among other things, key motivators include an opportunity to learn and grow and recognition of achievement.
This EuroMaTech training course will cover various areas such as pay and benefits, but also key motivators, which go beyond money such as training, promotion and transfers. However, sometimes parting from employees is unavoidable. Therefore, this training course also offers advice and guidance on how to manage dismissals fairly and effectively.
Key areas covered include:
- The challenge of retaining key talent
- Reward Management
- Designing a pay structure
- Managing promotions
- Managing transfers
- Managing retirement
- Managing disciplining
- Managing dismissals
- Capture the causes of attrition through exit interviews
- How to foster employee commitment?
- Training and Training Needs Analysis
TRAINING OBJECTIVES
- Understand the key aspects of talent retention
- More effectively manage Reward systems
- More effectively design a pay structure
- Describe the issues to consider when making promotion decisions
- Describe the methods for enhancing diversity through career management
- Answer the question: How can career development foster employee commitment?
- More effectively manage promotions, transfers, retirement, disciplining and dismissal
- Understand the key aspects of training
- Have a good understanding how to accurately identify immediate or long term training and development needs
WHO SHOULD ATTEND?
- HR practitioners working with the retention of key employees
- Senior Human Resource staff who wish a future HR management position
- Existing HR professionals who wish to gain a valuable qualification
- All staff who work in Human Resources, Personnel or related areas and personnel new to HR or interested in a career in HR
- Line managers would also benefit from an understanding of the topic and those who manage, supervise or have an organizational interest in HR and want to examine modern practices
TRAINING METHODOLOGY
Dynamic presentations supporting each of the topics together with interactive trainer lead sessions of discussion. There will also be practical sessions where participants have the opportunity to practice and experience related activities. Case studies, videos, small group work, exercises and feedback will be used to facilitate learning.
TRAINING SUMMARY
This EuroMaTech training course is designed to provide the essential skills and knowledge related to Talent Retention through remuneration and training. This training course will allow participants to explore a broad overview of the topic. From the initial introduction, we will explore various issues in sufficient detail to allow participants to consider the implementation of new modern approaches into their organizations and weigh up the potential benefits and advantages of each approach.
TRAINING OUTLINE
Day 1 : The Challenge of Retaining Key Employees
- Identifying and spotting talent potential
- The challenge of retaining key employees
- How to win the war for talent?
- Retention methods and models
- Case study: Retaining technical staff in a competitive market
Day 2 : Reward Management and Designing a Pay Structure
- Reward strategies that are not just based on pay
- How to design and create a benefits and incentives plan
- The psychology of workplace motivation and incentives
- Linking pay to performance and personal improvement
- Building a competency matrix based on real-life performance
Day 3 : Managing Promotions, Transfers, Retirement and Dismissals
- Employee’s manager’s and employer’s career development roles
- Issues to consider when making promotion decisions
- Transfer, retirement, disciplining and dismissal
- Examples of flexible employment and succession planning
- How to foster employee commitment?
- Competency based evaluations
Day 4 : Training as a Tool for Retention and Development
- What is training and why is it important?
- Design a training session - examples and case-studies
- Effective learning objectives and planning
- Types of learning / training methods
- Building a coaching, feedback and work-based appraisal system
- Facilitate the training and other forms of learning
Day 5 : Assessment of Training Needs
- How to identify that you have a need?
- What should a training needs analysis cover?
- Identification of needs at the individual, occupation and organisational level
- Residual, present and future needs in a changing world
- Case study: Performing a training needs analysis
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ACCREDITATION
This activity has been pre-approved by the Human Resources Certification Institute (HRCI). Participants attending this training session are entitled to receive: 25 General Recertification Credit Hours.
The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute’s criteria to be pre-approved for recertification credit
Employee Assistance Certification Commission (EACC), an autonomous credentialing body established by EAPA to maintain and administer all aspects of the CEAP® program, has approved this course for 25 professional Development Hours (PDHs).
The use of this logo is not an endorsement by EAPA of the quality of the course. It means that this course has met the EAPA’s criteria to the pre-approved for CEAP® certification or recertification PDHs.
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
Do you provide assistance with hotel accommodation?
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
Do you offer customized training for organizations?
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
What types of training formats do you offer?
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Can you assist with visa arrangements?
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
Who will be the senior consultant leading the training?
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]