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Performance-Based Rewards & Remuneration System Brochure - Web

This two-day Workshop provides a comprehensive and systematic assessment and evaluation of the components of a total reward and remuneration strategy and its linkage to the performance management system. It will evaluate “best practices”, propose new ideas and highlight how to implement new or change existing reward practices within organisations.

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sharkiller13
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1K views1 page

Performance-Based Rewards & Remuneration System Brochure - Web

This two-day Workshop provides a comprehensive and systematic assessment and evaluation of the components of a total reward and remuneration strategy and its linkage to the performance management system. It will evaluate “best practices”, propose new ideas and highlight how to implement new or change existing reward practices within organisations.

Uploaded by

sharkiller13
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Performance-based Rewards &

Remuneration System
Achieve Employee Satisfaction through a holistic Rewards
Strategy
A Performance-based Rewards & Remuneration Strategy is targeted,
Performance-based differentiated and aligned with an organisation’s corporate
system is in line with
directions, ethos and operating culture. Rewards & remuneration
the global banking in-
dustry's remuneration
strategies must in reality be unequal and fitted to different
system. "The system ... categories of staff. There is no such thing as one size fits all.
will give flexibility to
banks to reward the This two-day Workshop provides a comprehensive and systematic
right officers in promot- assessment and evaluation of the components of a total reward and
ing their products and remuneration strategy and its linkage to the performance
services to customers," management system. It will evaluate “best practices”, propose new
ideas and highlight how to implement new or change existing
Hamidah Naziadin, reward practices within organisations.
President Malayan
Commercial Banks’
Association (MCBA) Course Content

• Understand the foundations required for a Performance-based


Rewards & Remuneration Strategy
Crowne Plaza • Appreciate the key components and its impact on Rewards
Mutiara, Kuala Management

Lumpur • Assess and Evaluate effectiveness of your existing reward


practices
26th & 27th
• Clarify and Assess financial rewards management practices
May, 2008
• Understand applications of flexi-benefits
(Monday &
• Gather innovative tips and practices for non-financial rewards
Tuesday)
• Define an integrated Performance Management System
• Link Performance and Rewards Systems

LSW INTERNATIONAL
SDN. BHD. (761055-K) Key Takeaways
623, Block B, Mentari
Business Park, Jalan PJS • Total Reward Strategy Framework
8/5, Bandar Sunway,
46150 Petaling Jaya, • Best Practices – Financial Rewards
Selangor Darul Ehsan,
Malaysia. • Best Practices – Non-Financial Rewards
Tel. : +603 5637 2379
Fax.: +6 03 5637 0366 • Practical advice on refining Performance Management &
E-mail: Rewards Systems Application
[email protected]

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