Improving Performance with Variable Pay

A smart approach to variable pay ensures increased employee motivation and higher workforce engagement that delivers extraordinary organizational performance and results. 

In this course, you will learn how to design and manage effective programs for recognition, bonuses and incentives that meet your organization’s goals by motivating employees to perform their best. 

What You Will Learn:

• Common business strategies and how to align them with variable pay programs. 
• The different types of variable pay plans—including incentive plans, bonus plans, and recognition plans—and how they work. 
• Internal and external factors affecting variable pay. 
• A systematic process for designing a variable pay plan that includes three phases: pre-design, design and funding and distribution. 
• How to implement, communicate, and evaluate variable pay for program effectiveness. 

Additional Information

This course is ideal for professionals who are responsible for designing, assessing, and maintaining variable pay plans, including HR and Finance teams. We recommend taking  Improving Performance with Variable Pay as the fourth course toward your CCP and GRP certification.  

To get the most out of the course, you will need to have working knowledge of the WorldatWork Total Rewards model, the Total Rewards regulatory landscape and base pay systems.  

You should plan to spend approximately 9 hours in a virtual class and 6 hours on self-guided work. Prework may be required in preparation for the first day of class.  

You must pass the required certification exam accompanying this course to progress toward acquiring the CCP or GRP certification. A practice exam is provided within the course materials to test your readiness and help identify knowledge gaps where you might need additional study.

Based in India? Contact india@worldatwork.orgOpen in a new tabEmail for India-special course pricing.

Policies

View our Return/Cancellation policies and more here.