• Identify current financial challenges around the rising cost-of-living (COL).
• Build a competitive compensation programme to maintain employee motivation and commitment.
• Understand the role of employers in ensuring fair pay and the ethical considerations involved in matching pay to COL.
• Know how much can external benchmarking be relied upon in determining appropriate compensation levels.

• Revisiting cost-sharing models and incentivising employees to choose lower-cost care options to control healthcare expenses.
• Discover how to implement alternative payment methods and virtual primary care networks to improve employee health and reduce healthcare spend.
• Leverage benchmarking to control healthcare expenses, help the organisation save costs, and ensure financial stability.

• Exploring a collaborative approach between C&B, HR, and stakeholders to develop comprehensive and effective mental health programs.
• Identifying key components for developing a holistic mental health strategy within a total rewards framework.
• Measuring the impact of programs by linking mental health support to engagement and organizational performance.
• Fostering long-term sustainability of mental health support programs through feedback loops and employee engagement for continuous improvement.

• Learn how to conduct a needs assessment to gather feedback on what employees want and need in a retirement plan.
• Explore the benefits and costs of different retirement plan options, as well as strategies to design a plan that is both attractive and cost-effective.
• Discover how to effectively communicate retirement plan details, providing investment education, and encouraging participation through matching contributions and other incentives.

• Learn how to leverage data and analytics to optimise your compensation and benefits decisions.
• Discover the types of rewards data available and how to analyse it to unlock its potential.
• Model the cost and impact of changes on attraction, retention and engagement.

• An HR director turned advocate highlights the legal issues and requirements around benefits administration
• Comprising real life case studies and anecdotes:
  • Ensuring compliance in your employees’ C&B strategy
  • Handling dispute resolution through practical solutions

• Identify skill gaps within organisation, enabling employers to develop training programmes that improve employee skillsets and support career development.
• Shift from traditional role-based compensation towards a more flexible, skills-based approach to attract and retain employees with the right skillsets.
• Adapt to the evolving nature of work by prioritising critical, in-demand skills when developing rewards strategies.

This one-hour workshop session will provide an overview of the latest advanced best practice approaches for designing the total remuneration packages for each grade and benchmarking them against external pay market data. This session will give practical guidance to enable attendees to build a total remuneration benchmark and achieve better business results through a more effective approach to pay benchmarking and designing compensation plans. 

**Upon completing this workshop, participants will receive a certificate of participation.