Implementation of compensation and benefits policy
A compensation and benefits strategy is of critical value in human resources management, requiring a good understanding and an adapted approach.
This training is designated for those who want to go one step further and develop a remuneration strategy aligned with corporate strategic objectives. It aims to support values by driving the right behaviors and improving retention, development and attraction of talent through a unique and rewarding journey.
Ensure your company’s remuneration policy remains fit for purpose, non-discriminatory, clear and fair for your staff.
Duration: 4h
Language: Available in English and French. The supporting material is only available in English.
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
Course content can be customised on demand under specific conditions.
Objectives
By the end of this training, participants will be able to:
- describe the challenges, the fundamental principles and drivers of an effective remuneration strategy;
- document and develop a compensation and benefits policy;
- understand the conceptual framework for the remuneration policy in the HR context of their organisation;
- tailor the Employee Value Proposition (EVP) in a way that increases individual engagement;
- understand the importance of adequate communication of the remuneration policy and EVP.
Content
- Develop your practices - How to enrich the content of your remuneration policy with target, incentive, performance management process and assessment criteria
- Align to your strategic objectives - How to improve your remuneration strategy and bring into line your company values and behaviours
- Implement and increase awareness of your remuneration strategy - How to promote your remuneration policy across the company and deal with employee concerns in a professional and confidential manner. Provide relevant reporting
- Models of compensation benefits - Fixed or variable remuneration, most common benefits in Luxembourg
Target audience
Anyone who is or could be involved in a compensation and benefits area
Our lead experts
This training is coordinated by Vinciane Istace, Partner at PwC Luxembourg and delivered by People and Organisation experts.
Vinciane Istace is a partner in the People, Experience and Change service team at PwC Luxembourg with over 30 years of experience. She has led the HR function at PwC, structuring operational capabilities and co-designing the firm’s HR strategy. Currently, she oversees the People and Process Outsourcing practice, providing clients with payroll, immigration, and HR administration support, as well as strategic HR advisory services. Vinciane combines deep HR technical expertise with extensive experience in fostering positive workplace interactions. She is also a diversity and inclusion leader, head of communication and PR, and a regular speaker at conferences, with notable projects including the EIB Gender Strategy Evaluability and university HR transformation initiatives.
