In this competitive, global economy reward professionals are expected to go beyond the technical aspects of the job and think like a businessperson. In fact, strategic business understanding was one of eight key differentiators of top performers according to the WorldatWork 2012 Total Rewards Professionals' Career Census.
To gain this understanding, you must embody business acumen skills – knowing what's going on around you and how the business works internally and externally. Having a keen sense of business knowledge is essential for better decision making and driving long-term positive results for your organisation.
This module covers the essential skills, behaviours and actions that support the understanding and development of business acumen – helping you to learn to see "the big picture," understand finance concepts, recognise the important relationship between compensation plans and the bottom line and make wiser decisions.
This course is intended for those individuals who are pursuing the GRP. The course has been designed to provide critical insights around business acumen and explores how the compensation professional can leverage these insights to maximise their role within their organisation.
Our panel of instructors has been recruited from the world's most respected and qualified practitioners, consultants and educators. These highly-experienced experts have dedicated their careers to the total reward profession. They will provide you with the critical advantage of showing you how to apply the facts and theory to real-life business situations that affect your organisation's bottom line.
The members of the UK and Ireland teaching faculty providing our reward management classes are as follows:
Duncan leads the HR and reward work at IES, a leading independent research-based charity which supports improvement in HR and employment practice. He has more than 25 years' experience in reward and HR consulting, research and policy work with Aon Hewitt, PwC and Towers Perrin. He spent five years as Assistant Director General at CIPD. His clients have included companies such as National Grid, and Lloyds Banking Group, as well as public sector bodies such as the Cabinet Office, NHS Employers and EHRC; and third sector employers such as the UN and Cancer Research UK. His work at the moment is focused on medical pay, gender pay, employee financial wellbeing and working in the gig economy.
Duncan is a leading commentator on HR, publishing many articles and books. He has participated on government taskforces concerned with fair pay, engagement, pensions, equal pay and human capital reporting. He advises various remuneration and HR committees as an independent and trustee including Christian Aid & the Pensions Policy Institute. Human Resources magazine placed him in its listing of the top 5 most influential thinkers in UK HR. Duncan has an MA from Cambridge University, an MBA from the London Business School and is a Fellow of the CIPD. He recently obtained his PhD at Kingston University.
Debra has over 30 years’ experience working as a global reward, engagement and communications specialist. Her career spans many blue-chip global organisations, across most sectors and internationally such as Gap Inc., Honeywell, Merlin Entertainment and Reward Gateway. In recent years she’s moved into what Debra calls the ‘pay it forward’ part of her career, which involves writing best-selling books and speaking and teaching across the world, sharing her insights, knowledge and expertise.
Debra is the co-author of Build it: The Rebel Playbook for world-class employee engagement, and author of Effective HR Communication. Both books provide practical tools, tips and stories which are intended to inspire you to take action.
Brid is a Consultant with Gurren Compensation, and is based in Ireland. She is a compensation & benefits generalist with over 25 years' experience. She was worked for several US multinational companies including Intel and Western Digital, and has broad international experience in HR, compensation, benefits, performance management and mergers & acquisitions. During her 16 years with Intel, Brid held a number of senior C&B roles in Ireland and mainland Europe. Having worked with Intel's mergers & acquisitions HR Group for a number of years, Brid has a wealth of experience in managing and aligning C&B programmes and strategies in such companies.
Since joining Gurren Compensation in 2009, Brid has worked with a range of clients in Ireland, Europe, China and the US, providing advice and implementation on C&B strategy and programmes.
Evan is an independent reward consultant working on a retained basis, with over 20 years' reward practitioner experience gained across various sectors including the armed forces, financial services and central government. Evan was until recently Head of Reward for Arup, a leading global engineering firm, and he was previously in a similar role at one of the largest UK government departments. Evan mainly specialises in total reward, employee benefits and wellbeing, including tutoring roles. He is a Chartered Member of the CIPD and founder of The Wellbeing Leader.
Alan is Managing Director of The Reward Practice and is one of Europe's best-known rewards professionals. He had been a Rewards Consulting Partner with both KPMG and PwC, and was also the Global Heads of Reward and Performance Management at Accenture until founding the Reward Practice with a number of former colleagues.
Over the last 25 years, Alan has worked with a large number of Fortune 500 and FTSE 100 companies and has specific rewards experience in banking, retail, brewing, manufacturing, communications and hi-tech companies. He has helped a range of companies with mergers and acquisitions, and has a reputation for getting things done. In the public sector, he has worked extensively in the health service, the police and prison services, and in the education sector. His interests are varied, and currently include the design of more effective incentives, the reduction in HR costs, value-based rewards programmes and the link between risk and rewards in banking.
In 2004, Pat founded Gurren Compensation. Prior to starting his own consulting business, he held a number of senior HR and comp & ben positions for leading multinational companies, including Digital, Intel and Motorola. During his ten-year career with Intel, Pat held positions as C&B Manager for Ireland, Asia Region C&B Director, Europe Region C&B Director and Global Head of C&B Operations. Since founding Gurren Compensation, Pat has worked with numerous clients across all industry sectors on the design and implementation of reward strategies that effectively align with business strategy and organisational goals.
Pat is a certified Global Remuneration Professional (GRP), a Fellow of the CIPD (FCIPD) and a partner at The Reward Practice. He has a wide range of performance improvement and reward management interests and is viewed as an expert in the design of pragmatic HR cost management and cost reduction strategies for organisations needing to reduce costs in a well-structured manner.
Nikolaj (MSc Econ, GradDip Org & Management and GRP® since 2007) is a seasoned rewards professional with more than 20 years of experience in global companies within sectors such as pharmaceutical, oil, banking and engineering. During these years, Nikolaj’s responsibilities within the total rewards arena have ranged from establishment, implementation and communication of:
He has a keen eye on developing solutions that enables managers to make the appropriate decisions to drive and recognise employees who deliver high sustainable performance. Today, Nikolaj is employed as Director of Commercial Development in International Operations in Novo Nordisk, working out of Zurich Switzerland covering Novo Nordisk’s sales operations in 180+ countries outside North America.
Please email us for admin. details regarding our Dublin courses.
E-reward.co.uk's GRP reward courses are hosted in a hotel just off Oxford Street in London's West End shopping district, close to Oxford Circus, Bond Street and Marble Arch London Underground stations.
Address: The Hard Rock Hotel, Marble Arch (formerly The Cumberland), Great Cumberland Place, Marble Arch, London W1H 7DL: www.guoman.com/en/london/the-cumberland.html
Getting to The Cumberland by London Underground:
London is served by five main airports, from the UK's main gateway at London Heathrow to London City Airport in the Docklands. For information on getting to and from London airports to Holborn in central London, visit Transport for London at www.tfl.gov.uk
Please let us know if you have any special requirements as soon as possible so we can plan accordingly.
Delegates are responsible for their own accommodation. There is a huge number of hotels within a mile or so of our venue suitable for most budgets: www.tripadvisor.co.uk/HotelsNear-g186338-d...
|Course Days 1 and 2|
|Morning Break||10.45am to 11.00am|
|Lunch||12.30pm to 1.30pm|
|Afternoon Break||3.00pm to 3.15pm|
|Exam Day 3|
|Exam||9.00am to 12 noon|
A questionnaire on the UK Border Agency web site will help you to decide whether you need to obtain a visa before you travel to the UK. It also contains guidance on the type of visa that you might need. The questionnaire is for all foreign nationals who want to come to the UK.
Please visit: www.gov.uk/check-uk-visa
At registration we will serve you complimentary teas and coffees. Mid-morning break of teas and coffees are served at around 10.45. A light lunch will be served at approx 12.30.
Once the exam scripts have been processed (about three weeks after the event), an email will be sent to you from WorldatWork with instructions on how to log into the WorldatWork web site to view your results.
Log into www.worldatwork.org with your ID and password. Click on My Profile in the upper right and then click on My Education Transcripts.
If you don't receive your exam results, please email or call WorldatWork Customer Relations department at email@example.com or +1 480-951-9191.
Passwords – if you have forgotten your password, under the log in screen at www.worldatwork.org there are tabs that say "I forgot my password" or "I need a password". If you are still having trouble, you can contact Customer Relations (contact information above).
If by chance you are unsuccessful in your exam, WorldatWork Society of Certified Professionals has partnered with Pearson VUE to deliver computer-based certification examinations at city locations throughout the world. The retail rate for an exam only is approx. $200 for members ($270 for non-members). Computer-based testing (CBT) allows you to schedule your exam for the date, time and location that work best for you.
Registration for your exam must be made with WorldatWork, either online at www.worldatwork.org or by calling Customer Relationship Services at +1 480-951-9191 outside of the U.S. and Canada. (Your complete registration and payment must be received before you can schedule your exam.) Your receipt will instruct you to visit www.pearsonvue.com/worldatwork to set up an account with your name and email address.
Once all of the exams have been completed (and passed) a GRP certificate is posted to the participant. We suggest that participants keep their certifications current (every three years). Information about re-certification can be found here: www.worldatworksociety.org
We do not offer individual certificates for passing each exam but a participant can make a copy of their transcript under their My Profile information on the WorldatWork web site if they need a list of what they have taken.
E-reward.co.uk and WorldatWork are both globally recognised companies within the compensation & benefits field. Now we've joined together to host the internationally-recognised GRP qualification for reward professionals in the UK and Ireland.
|Total Rewards Management | GR1 – London||6-8 Nov 2019 London|
|Quantitative Principles in Compensation Management | C3E – London||TBC|
|Strategic Communication in Total Rewards | GR9 – London||TBC|
|Job Analysis, Documentation and Evaluation | GR3 – London||4-6 Dec 2019 London|
|Base Pay Administration and Pay for Performance | GR4 – London||6-8 Nov 2019 London|
|Variable Pay – Improving Performance with Variable Pay | GR6 – London||9-11 Oct 2019 London|
|Market Pricing – Conducting a Competitive Pay Analysis | GR17 – London||TBC|
|International Remuneration – An Overview of Global Rewards | GR7 – London||18-20 Sept 2019 London|
|Business Acumen for Compensation Professionals | C8 – London||18-20 Sept 2019 London|
|International Financial Reporting Standards for Compensation Professionals | T7 – London||4-6 Dec 2019 London|
|Total Rewards Management | GR1 – Ireland||TBC|
|Business Acumen for Compensation Professionals | C8 – Ireland||TBC|
|Variable Pay – Improving Performance with Variable Pay | GR6 – Ireland||TBC|
|Strategic Communication in Total Rewards | GR9 – Ireland||TBC|
|International Financial Reporting Standards for Compensation Professionals | T7 – Ireland||TBC|
|International Remuneration – An Overview of Global Rewards | GR7 – Ireland||TBC|
|Job Analysis, Documentation and Evaluation | GR3 – Ireland||25-26 Sept 2019 Dublin|
|Quantitative Principles in Compensation Management | C3E – Ireland||20-21 Nov 2019 Dublin|
These terms and conditions apply between the person, firm, company or other entity specified on your booking form and E-reward.co.uk Ltd (company number: 4281768). Registered in England and Wales. Registered office 33 Denby Lane, Heaton Chapel, Stockport, Cheshire SK4 2RA, United Kingdom for delegate registrations for the course (including Mastering Reward courses, GRP courses with exam and in-house training courses) specified on your booking form (‘Course’).
Please read these terms and conditions carefully as they contain important information.
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You will pay E-reward.co.uk Ltd any fees specified in your booking form for the Course. Payment to E-reward.co.uk Ltd in GBP British Pounds is by BACS, wire transfer, cheque or credit card. It is a condition of booking that payment must be received by E-reward.co.uk Ltd before the start of the Course or no later than 30 days from the date of invoice, whichever is sooner.
If payment of your fees in full is not received before the Course, E-reward.co.uk Ltd may (at its sole discretion) either require such payment as a condition of your entry to the Course or refuse you entry to the Course.
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You will not have any right to cancel a Contract for the booking of any customised/in-house training courses.
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Please note: We are unable to accept any transfer requests received less than 30 calendar days before the start of the course and no refunds will be made.
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Final Course details will be emailed to delegates at least three weeks before the Course.
You will receive your course materials by post (First Class, Standard delivery) ahead of the Course. Participants registering 0-14 days before the start of the Course will receive their course materials on arrival for registration on Day one of the Course.
Delegates are responsible for their own accommodation.
The Course programme is correct at the time of going to press.
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‘Force Majeure Course’ means any event arising that is beyond the reasonable control of E-reward.co.uk Ltd including (without limitation) speaker or participant cancellation or withdrawal, supplier or contractor failure, venue damage or cancellation, health scares, industrial dispute, governmental regulations or action, military action, fire, flood, disaster, civil riot, acts of terrorism or war.
E-reward.co.uk Ltd reserves the right to change the date or cancel a Course at any time and for any reason without notice. Where circumstances force E-reward.co.uk to cancel a Course, E-reward.co.uk Ltd shall offer you the option of attending any rearranged Course that E-reward.co.uk Ltd chooses to organise.
If you do not wish to accept this offer, then you will (as your sole remedy) be entitled, at your discretion, to receive either a credit note or a refund in respect of your fees received by E-reward.co.uk Ltd for that particular Course.
However, where the Course is postponed for reasons due to a Force Majeure event, any of your fees received by E-reward.co.uk Ltd shall be applied to any rearranged or rescheduled Course and all these Terms and Conditions shall apply to any such transferred booking.
To the fullest extent permitted by the applicable law, E-reward.co.uk Ltd shall not be liable to you for any loss, delay, damage or other liability incurred resulting from or arising in connection with the cancellation or date change of the Course howsoever arising or any venue change.
For the avoidance of doubt, you acknowledge and agree that should the Course date be changed or cancelled, E-reward.co.uk Ltd is not liable for any travel or accommodation costs you may have incurred.
E-reward.co.uk Limited is a registered data controller under number Z7317541.
Your Course registration information will be added to our marketing database but will not be given to third parties without your prior consent.
E-reward.co.uk Ltd uses email addresses for its own purposes of keeping customers informed about Courses and providing product, service and information announcements.
If you supply us with your postal address online, you may receive periodic mailings from E-reward.co.uk Ltd with information on new products and services and upcoming Courses.
If you do not wish to receive information about products and services, please let us know by email (to email@example.com).
To the fullest extent permitted by the applicable law, E-reward.co.uk Ltd excludes:
If E-reward.co.uk Ltd is liable to you for any reason, its total liability to you in relation to the Courses (whether under these terms or conditions or otherwise) is limited to the amount of your fees received by E-reward.co.uk Ltd.
Views expressed by the Course instructors are their own. All advice provided at this course is for general guidance only. Any course delegates relying on information or advice given in the course of such training do so at their own risk.
E-reward.co.uk reserves the right to amend these terms and conditions from time to time. However, you will be subject to the terms and conditions in force at the time you submit your registration.
Last updated: 5th July 2017.