Shaping reward policies, systems and processes in line with the global business context
In a globalising world, with companies and organisations acting more internationally, rewards become more complex to manage. How can you see the clear links between business strategy and reward? How can you integrate HR and rewards into a process of change? And how do you deal with specific issues such as global mobility, expatriation, cultural differences, etc.?
“We spoke and listened to international organisations, and those are the three key challenges they face when it comes to rewarding,” says Xavier Baeten, Professor of Reward and Governance. Together with two partner business schools, being Grenoble Ecole de Management and ESCP Europe, Vlerick has now developed a new 12-day programme. Xavier Baeten: “With the new Global Reward Management Programme, our aim is to tackle these challenges from a strategic rather than a purely operational point of view. But, of course, we also pay a lot of attention to the development of concrete reward systems in line with the strategic business context. In this respect, we offer a mix of concepts, tools, business testimonials and case studies.”
The programme is aimed at high potentials in the field of HR and Compensation & Benefits or VPs working in companies conducting business in multiple countries and willing to take on a more strategic role.
The programme consists of four modules, taking place in Ghent, Grenoble, Berlin and Brussels. The main topics include:
- Strategic reward management: making it happen
- Rewards as a driver of change and employee behaviour
- Specific global reward issues: intercultural differences, expat and mobility management, centralisation vs decentralisation
- Presentation of an in-company project and sharing experiences with reward managers.