Managing Global Total Rewards - Direct

Develop impactful Total Rewards programs designed for workforces across the globe.

Global operations and expansion come with critical challenges. Virtually every organization is navigating operations in a global marketplace which requires vital insights for attracting, retaining, and engaging a diverse workforce around the world. You need a comprehensive framework for evaluating global Total Rewards and compensation designs that are created with local sensitivity and a cohesive rewards philosophy aligned with your organizational strategy.

In this course, you’ll learn the considerations to examine as you create impactful Total Rewards programs and fully optimize them to attract and retain high-performing individuals on a global scale.

After taking this course, you will understand:

• How to navigate the complexities of managing compensation and rewards in a multinational setting.
• The determinants influencing mobility choices and methods for ensuring equitable pay across your workforce.
• How other Total Rewards components such as recognition, career growth, and well-being can support and optimize a global workforce.
• The key factors that impact successful cross-border mergers and acquisitions.

To complete this course, learners will need a working knowledge of material covered in prior GRP courses, including the WorldatWork Total Rewards model, compensation fundamentals of a Total Rewards strategy, labor regulations, base pay systems, variable pay programs, and market pricing.

Learners should plan to spend 7.5 hours in class and 7.5 hours on self-guided work. To acquire your GRP certification, you must pass the required certification exam accompanying this course. A practice exam is provided within the course materials to test your readiness and help identify knowledge gaps where you might need additional study. This is the course equivalent of International Remuneration: An Overview of Global Rewards (GR7).

Who Will Benefit?

This course is ideal for professionals working towards earning their GRP designation, those who want to gain broader knowledge of global remuneration policies and practices, and those who lead geographically dispersed teams or expatriate employees and need a foundation to help them reward and motivate globally diverse work groups.

Course Credits 

WorldatWork Certification: 
Successful completion of this course and its accompanying exam can be applied to the Certified Compensation Professional (CCP) and Global Remuneration Professional (GRP) certifications.

WorldatWork Recertification:

• Course — 2.0 recertification credits
• Exam — 0.5 credits

CEUs:

• Course — 1.6 credits
  
• Exam — 0.9 credits

HRCI Recertification:

• Course — 16 classroom hours
  

SHRM Recertification:

• Course — 16 classroom hours

Following the course, all students are required to complete a course survey. Space is limited and will be granted on a first-come, first-served basis.