Basics of Total Rewards

Date: February 29, 2024
Time: 8:00 am - 8:30 am (Registration and Breakfast for on-site participants) | 8:30 am - 4:30 pm (Curriculum)
Location: Waltham Woods Conference Center, 860 Winter St., Waltham, MA
Registration Fee: $350 Members | $450 Non-members
(Includes breakfast and lunch)


About the Curriculum

Total Rewards is an increasingly dynamic field and is becoming more and more instrumental in engaging, attracting, and retaining talent.  Aligning "total rewards" offerings – compensation, benefits and recognition – with organizational goals and the employee value proposition is paramount to keeping total rewards relevant and resonating with the workforce.

The Basics of Total Rewards program is designed for individuals who are new to the field of total rewards. This comprehensive program will equip participants with essential knowledge about the key components of total rewards, enabling them to understand, develop, and manage effective total rewards strategies.
   

Format

  • Lectures and Presentations: Engaging sessions led by experts in the field, providing theoretical frameworks and practical insights.
  • Case Studies: Real-world examples and case studies to apply theoretical knowledge to practical scenarios.
  • Interactive Workshops: Hands-on exercises and group discussions to enhance participant understanding and collaboration.
  • Q&A Sessions: Opportunities for participants to seek clarification and deepen their understanding of specific topics.

 

Sessions

1. Total Rewards Overview

  • Introduction to Total Rewards: An exploration of the fundamental concepts and principles that underpin the total rewards approach in the workplace.
  • Evolution and Importance: Understanding the historical context and the critical role total rewards play in attracting, retaining, and motivating talent.

2. Total Rewards Strategy

  • Aligning with Organizational Goals: Strategies for creating total rewards programs that are closely aligned with organizational objectives and values.
  • Employee Value Proposition (EVP): Crafting a compelling EVP that resonates with the workforce and distinguishes the organization as an employer of choice.

3. Compensation

  • Base Pay and Variable Pay: Exploring the different components of compensation, including base salaries, bonuses, and incentives.
  • Pay Structures: Understanding how pay structures are designed and administered to ensure fairness and competitiveness in the market.

4. Health and Welfare

  • Employee Health Benefits: Overview of health insurance, wellness programs, and other initiatives that contribute to employees' overall well-being.
  • Welfare Programs: Discussion on additional benefits such as family support, childcare, and flexible work arrangements.

5. Retirement

  • Retirement Plans: A detailed examination of various retirement savings and pension plans, helping participants navigate the complexities of these offerings.
  • Financial Wellness: Guidance on promoting financial literacy and wellness among employees to ensure a secure retirement.

6. Wellness

  • Holistic Well-being: Understanding the holistic approach to employee wellness, covering physical, mental, and emotional well-being.
  • Wellness Initiatives: Exploration of workplace programs and initiatives that promote a healthy and balanced lifestyle.

 

Faculty

Total Rewards Overview

 Total Rewards Strategy

Compensation

Health & Welfare

Retirement

Wellness

Tom Wilson
Founder/Principal
Wilson Group
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Lisa D'Entremont
Head of Total Rewards
Cabot Corporation
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Shawna Oliver
AVP, Head of Global Benefits & Wellness, Manulife
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Ben Gilde
Partner, Boston Retirement Practice Leader
Aon
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 Philip Swayze
Vice President & East Region Practice Leader, Health & Performance  HUB International
Read Bio

 

Intended Audience

While all levels of benefits-industry professionals will profit from the broad foundational content offered in NEEBC's Basics of Total Rewards, the course is intended to be particularly valuable for those earlier-in-career or expanding disciplines. 

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$350 Members | $450 Non-members
(Breakfast and lunch are included.)