Certified Total Reward Professional (CTRP)
STARTs from 9 January, Class: 8-10 pm 8-10 pm BST/ 2-4 pm GMT]- Regular FEE: BDT 36000
- Special Offer: BDT 24000
Training Duration: 2 Months [8 Friday: 7.30-9.30 pm BST] Venue: Online
Trainer Name: 1. Mr. Thomas A Farmer, CCP, SPHR, ACTA , USA 2. Mr. Rupak M Nasrullah Zaidi, Certified Total Reward Professional & Business Consultant, 3. Ms. Sharmin Sultana, Certified Total Reward Professional
Major areas to be covered:
Apply the Total Rewards Approach
- Understand and apply the Total Rewards Approach
- Explain and appreciate the unique purpose of each type of reward
- Understand and apply key motivation theories to predict impact of rewards
- Describe the process for developing compensation and benefits programs
- Support managers and employees on reward issues
- Consider ASEAN regional influences on rewards
Annual Salary Review
- Recommend salary increase budgets
- Manage the salary review process
- Update salary ranges
- Determine employee and location compa-ratios
- Develop salary review guidelines and policies
- Design the manager input and rollup process
- Prepare payroll files and compensation statements
- Help managers communicate pay decisions
Incentives
- Distinguish and select incentive types based on purpose
- Determine total target cash and the pay mix
- Evaluate effectiveness of existing incentives
- Develop a broad-based corporate incentive plan
- Develop a sales incentive or commission plan
- Describe and recommend profit sharing and gain sharing plans
- Communicate incentives to participants
Advanced Benefits
- Manage the benefits function
- Implement insurance strategies
- Manage benefits accounting and funding
- Implement and manage wellness, prevention and flexible benefits
- Manage ASEAN regional benefits
- Implement Work-Life strategies
Rewards Professional Competencies
- Align rewards to performance, using traditional or emerging approaches
- Write and maintain effective reward policies
- Manage communication and change effectively
- Partner with business leaders to meet business needs appropriately
- Collaborate with finance and accounting
Details:
Certified Total Rewards Professional (CTRP)
ATRI Certification is here!
Employers must use every tool available to attract and retain talent. Because of this, the compensation and benefits profession has evolved into total rewards, which is everything an employer receives in return for the work they perform, including both tangible and intangible rewards.
Will your organization continue to compete on salary alone? Invest in your team members by equipping them to manage your rewards programs more effectively within your limited budgets.
We are introducing globally recognized Certified Total Rewards Professional™, Designed & Certified by the ASEAN Total Rewards Institute in Singapore.
Certified Total Rewards Professional (CTRP) Workshop
Normally offered as standalone courses, we are happy to announce a CTRP workshop, for practitioners with more than four years of compensation and benefits experience, wishing to raise their level of impact, deliver greater value and demonstrate their level of competence as a rewards professional or manager.
Workshop Overview
This workshop provides more experienced compensation and benefits managers and professionals an opportunity to achieve certification in a convenient three-day format, based on an assessment of managerial and program design competencies related to base pay structure design, managing the annual salary review, incentive pay design, advanced benefits and other professional competencies such as performance management and communication. The focus is on ensuring emerging total rewards leaders are equipped with the essential knowledge, terminology, theory, methods, and attitudes for driving value through well-aligned rewards practices.
Class discussions are used to develop attitudes and insights in relation to linking pay to performance and value creation, through merit (base pay) and incentives (variable pay). Discussion of advanced benefits creates awareness of trends in cost-sharing, employee responsibility and flexible work arrangements. This is not intended as a skill-building course, but provides formal training in the essential managerial knowledge needed for compensation and benefits.
An assessment exam is included, requiring a 70% passing score for certification, along with evidence (resume or LinkedIn profile) of four years’ experience performing professional-level compensation and benefits duties within an organization.
Learning Objectives
The CTRP Workshop is a three-days learning event [pre-requisite for certification program], in which participants will learn to:
Apply the Total Rewards Approach
- Understand and apply the Total Rewards Approach
- Explain and appreciate the unique purpose of each type of reward
- Understand and apply key motivation theories to predict impact of rewards
- Describe the process for developing compensation and benefits programs
- Support managers and employees on reward issues
- Consider ASEAN regional influences on rewards
Annual Salary Review
- Recommend salary increase budgets
- Manage the salary review process
- Update salary ranges
- Determine employee and location compa-ratios
- Develop salary review guidelines and policies
- Design the manager input and rollup process
- Prepare payroll files and compensation statements
- Help managers communicate pay decisions
Incentives
- Distinguish and select incentive types based on purpose
- Determine total target cash and the pay mix
- Evaluate effectiveness of existing incentives
- Develop a broad-based corporate incentive plan
- Develop a sales incentive or commission plan
- Describe and recommend profit sharing and gain sharing plans
- Communicate incentives to participants
Advanced Benefits
- Manage the benefits function
- Implement insurance strategies
- Manage benefits accounting and funding
- Implement and manage wellness, prevention and flexible benefits
- Manage ASEAN regional benefits
- Implement Work-Life strategies
Rewards Professional Competencies
- Align rewards to performance, using traditional or emerging approaches
- Write and maintain effective reward policies
- Manage communication and change effectively
- Partner with business leaders to meet business needs appropriately
- Collaborate with finance and accounting
Who Should Attend the CTRP Workshop?
This workshop is intended for compensation and benefits managers or professionals with at least four years of hands on experience in an organizational setting. Those with greater compensation and benefits experience will be best prepared to learn and to take the assessment exam on Day 3 afternoon.
This is a certification workshop for those with significant experience; it is not intended for those wishing to explore a move into compensation and benefits, who are doing HR generalist work but have not done C&B, or compensation and benefits practitioners with very narrow experience. Such persons should attend the standalone courses, which include more class discussions, skill-building exercises and networking opportunities.
Certification Requirement:
- Completion of 3 days’ workshop
- Assessment of Resume, work sample, recommendations, or instructor interview
- With 4 years relevant experience or equivalent
- Approval from at least 3 members f the industry panel
Resource Panel:
Mr. Thomas A Farmer, CCP, SPHR, ACTA is Managing Director of Freelance Total Rewards, a Singapore-based consultancy founded in 2013. Formerly with Hewitt and Mercer, Tom has more than 10 years consulting experience, on top of 20 years of corporate experience. He has consulted more than 150 companies on compensation practices. His blogs on total rewards topics have been read by more than 10,000 people in 120 countries. Tom was Vice President, Compensation and Benefits for InterContinental Hotels group for the Americas and Asia Pacific regions, with global responsibility for several business areas and rewards functions. Since 2014, Tom has trained more than 1,000 HR professionals and more than 500 line managers on total rewards topics.
Mr. Rupak M Nasrullah Zaidi, CTRP, sHRBP, BBHR, CKPIP is the President, International Association of People & Performance Development – South Asia. He is Training, Organization Development and HR specialist having more than 20 years’ experience in different industry. He has exposure as HR, KPI & Business consultant at home and abroad. He did consulting work in the area of HR, Compensation & Benefit, Operational Excellence. He is accredited trainer for CTRP Program of ASEAN Total Reward Institute. He is panel trainer of Human Capital Institute – USA, Singapore Training & Development Association – Singapore, Institute of Certified Business Consultants – USA.
Sharmin Sultana Tania, CTRP, CKPIP, sHRBP, CTMP, CLDP, is legend HR Professional having more than 12 years’ experience in Human Resources, Reward Management, Organization Development, Performance Management and Training. She is Certified Total Reward Professional from ASEAN Total Reward Institute, Certified KPI Professional from KPI Institute-Australia & Certified Strategic HR Business Partner’ awarded by Human Capital Institute, USA. She has also been awarded as Certified Learning & Development Professional by Singapore Training And Development Association. She is an Accredited Trainer by ASEAN Total Reward Institute for its CTRP Program.
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