E-reward has commissioned international Excel for Reward guru Dianne Auld to design, develop and deliver a virtual training programme comprising two diplomas and seven short masterclasses focused and tailored so that we cover all of the essential Excel skills that are relevant to the needs of compensation & benefits professionals.
The diplomas, offer you the opportunity to enhance your learning as you progress from Level 1, a foundational diploma, to Level 2, the expert level.
Plus a series of seven Excel for Reward Masterclasses for those who want to immediately elevate their skills:
- Excel Power Query
- Grading Maps
- Using regression Analysis and Dynamic Arrays
- Transforming Reward Data with Macros
- Excel Dashboards
- Incentive Modelling
- Developing a Pay Range Zone Calculator
When Glaxo Wellcome and SmithKline Beecham merged to form GlaxoSmithKline in 2000, the organisation adopted a new approach to reward. This stresses pay for performance and increases the proportion of pay "at risk" whilst creating and emphasising total reward.
The company's TotalReward package contains Total Cash (base pay, bonuses, and for managers, share options); Lifestyle benefits (which include healthcare, dental care, family support, and employee assistance); a corporate discount scheme; a car scheme; and Savings Choices (a pension plan and two share schemes).
In addition the company puts resources into creating a pleasant work environment, providing development opportunities and encouraging work-life balance. The greatest challenge from a compensation and benefits perspective, it says, has been educating and communicating this new approach to all staff.
For more details see our review, published in the 'News' section of e-reward.co.uk, 21 October 2003.