Total Rewards and Workforce Strategies
The complexities of managing and administering employee benefit plans in today's environment require knowledge and skills in a variety of areas, especially when it comes to total rewards and workforce strategies. This two-day course is designed to connect you with experts in the field for a deep dive into these topics. Explore current and future trends in total rewards and how to make strategies work for your organization's needs. Network with your peers and learn from their experiences to gain insights into what could work for your participants. Take the opportunity to learn ways to optimize your plan to create a successful program for your participants.
Topics Covered
- Understanding business needs, workforce needs and total rewards strategies
- Designing a total rewards strategy to support your organization's goals
- Adapting total rewards strategies to organizational change
- Optimizing and auditing total rewards
- Advanced analytics to make your strategies work
- Current trends
- Future trends
Course Outline
Day 1
- Total Rewards - Personal Exercise
- Total Rewards and Your Workforce Value Proposition
- What is "total rewards"?
- Total rewards program components
- Business Strategy
- Building blocks
- Building block #1: Business life cycle
- Building block #2: Driving forces
- Building block #3: Competitive strategy
- Building block #4: Culture
- Workforce Strategy Fundamentals
- Workforce composition
- Jobs vs. skills
- Workplace
- Key Stakeholders
- Identifying stakeholders
- Stakeholder demands
- Defining Your Business Total Rewards Strategy
- Total rewards key program components
- Transactional vs. relational rewards
- Drivers of total rewards
- Valuing and comparing total rewards
- Developing a total rewards "portfolio"
- Connecting the Total Rewards Strategy to Your Business Needs
- Common business events
- What is the impact on the workforce?
- Composition
- Skills and Capabilities
- Organization design
- What behavioral changes are needed?
- Aligning Total Rewards Strategies to Broader Business/Talent Strategies
- Defining a business strategy
- Defining a talent strategy
- Integrating business, talent and the total rewards strategy
Day 2
- Branding Your Business Through a Workforce Value Proposition
- Brands that work
- “Branding” your business with a total rewards strategy
- How to implement your brand proposition
- Workforce Strategy and Key Analytics
- Critical workforce segments
- Demographic data/generational personas
- Linkage of workforce analysis to the total rewards strategy
- Developing a Total Rewards Strategy
- Five-phase approach methodology
- Guiding principles
- Financial impact analysis
- Communications/change management
- Implementation “dangers”
- Future Trends in Total Rewards Strategies
- Change
- Workforce value proposition
- Trends and uncertainties
- Case Study
Throughout the course, attendees will participate in multiple exercises on the various topics that are rolled up into the final case study. The final case study outlines a fictitious company that has expanded into three businesses whose total rewards practices are not aligned with the current business strategies of the overall business. Working in small groups, participants will build and recommend a new total rewards strategy that will meet the objectives outlined by the parent company and allow for the flexibility to make each unique business successful. The total rewards strategy will require addressing all components of the worker value proposition, including compensation, benefits, work-life and development/learning programs. All recommended total rewards strategies should look to enhance overall worker satisfaction by delivering a strategy solution using a "human-centered design" approach.
Course Applies To
Pricing
July 16 - 17, 2025
Fairmont Chicago, Millennium Park, Chicago, IL
Through June 2, 2025
US$1,400.00
Member
US$1,620.00
Nonmember
After June 2, 2025
US$1,700.00
Member
US$1,920.00
Nonmember
Pricing
October 8 - 9, 2025
Hilton Austin, Austin, TX
Through August 25, 2025
US$1,400.00
Member
US$1,620.00
Nonmember
After August 25, 2025
US$1,700.00
Member
US$1,920.00
Nonmember
Pricing
May 1 - 2, 2026
Hilton Scottsdale Resort & Villas, Scottsdale, AZ
Through March 16, 2026
US$1,495.00
Member
US$1,715.00
Nonmember
After March 16, 2026
US$1,795.00
Member
US$2,015.00
Nonmember
Continuing Education
Educational sessions at this program can qualify for CEBS Compliance credit. Visit www.cebs.org/compliance for more information.
Agenda
Wednesday, July 16 - Thursday, July 17, 2025
Fairmont Chicago, Millennium Park, Chicago, IL
Handout Dates: July 9 - September 17, 2025
8:00 AM - 5:00 PM
Downloads
8:00 AM - 3:00 PM
Downloads
Wednesday, October 8 - Thursday, October 9, 2025
Hilton Austin, Austin, TX
8:00 AM - 5:00 PM
8:00 AM - 3:00 PM
Friday, May 1 - Saturday, May 2, 2026
Hilton Scottsdale Resort & Villas, Scottsdale, AZ
The selected event has no sessions.