A well-structured bonus system is a key element of effective HR management, directly impacting employee performance and business success. While often mistakenly referred to as a 'Motivation System,' a properly designed HR strategy ensures that bonuses drive desired behaviors without unnecessary financial waste. Through HR management training and HR management courses, HR professionals can learn how to develop performance-based incentives that align with company goals and employee expectations.
Four reasons to enrol now
Don't miss your chance!
Who is this course for
For HR, C&B professionals, managers and Total Rewards experts who face the daunting task of developing a bonus or pay-for-performance system
What the course will give you
A comprehensive set of information, tools and practices in developing company reward systems + understanding how to develop KPIs
Benefit
Those who know how to design workable reward systems act as business partners in the company and are valued twice as much in the market
Difference from other courses
The course provides an immediate understanding of how to identify KPIs in employee performance and develop a bonus system based on KPIs
Course programme on bonuses
Don't miss your chance!
Recorded class with a feedback on the homework
Recorded class with a feedback on the homework
Class 1. What is a bonus system and what tasks it fulfils
- The role of bonuses in the structure of total reward
- Types of bonuses
- How to develop a correct system of bonuses
- Global practices in the field of bonuses
Recorded class with a feedback on the homework
Recorded class with a feedback on the homework
Class 2. Preparing the groundwork. Analysis of staff roles
- Company job analysis
- Job description standard
- Identification of critical success factors for the position
- Allocate responsibilities between positions
- Defining performance expectations
Recorded class with a feedback on the homework
Recorded class with a feedback on the homework
Class 3. Developing employee performance indicators (KPIs)
- What are performance indicators
- The difference between performance and output indicators
- Leading and lagging indicators
- How to develop indicators based on the critical success factors of a position
Recorded class with a feedback on the homework
Recorded class with a feedback on the homework
Class 4. Choosing an appropriate bonus system
- The fee system
- Merit increase or salary review as an alternative to bonus payments
- Commission based scheme
- Bonuses
- Team bonuses
- One-off bonuses
Recorded class with a feedback on the homework
Recorded class with a feedback on the homework
Class 5: Description of the bonus system
- Setting objectives for the bonus system
- Synchronisation of the bonus system with HR Strategy, company strategy
- Balancing the bonus system in the Total Rewards structure
- Template for the description of the reward system for employees
Recorded class with a feedback on the homework
Recorded class with a feedback on the homework
Class 6. Launching a bonus system, budgeting, analysis and management
- How to run the system effectively to make it work
- Tool selection
- Bonus budgeting
- Review of system performance
- Employee opinion survey on the system
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How the course is taught
1
Webinar recording
You watch the recorded sessions at your own pace and study the material. We open 1 lesson per week
2
Homework checked by the course author
Each webinar has a practical task that you must do to get a diploma
3
A case study of the participants
We chat on Telegram and discuss participants' cases remotely
4
Getting a diploma
Students who successfully complete the course assignments will receive a diploma at the end of the course
Diploma of HR Professional after completing the course
So coveted and valuable
So coveted and valuable
- Integrates into Linkedin and HH profiles
- Each diploma has a unique code
- QR code on the diploma leads to the online version
- Impossible to forge
- Issued on a certified Accredible platform (the same place where Rosetta Stone, Google, Udacity, Kaplan University and others issue certificates), look at an example
Who leads?
Course author and facilitator Mike Pritula
- Founder of Mike Pritula Academy
- No.1 Opinion Leader in HR for 2019
- 15 years in HR Wargaming, Preply, iDeals, Starlightmedia, Alfa-Bank
- Top 10 HR in CIS
- Since 2010 engaged in online training
- HRCI representative in CIS
- PHRi certified
- Was the first to launch HRCI online certification preparation courses in Russian
- HR-soft author and startup consultant
- Over 5000 trained HR professionals
- Author of HR competency model
- Author of the most comprehensive HR audit checklist
- HR person of the year in Ukraine (2018) and Belarus (2017)
- Over 100 published articles and presentations
- Over 2 million views on articles
- Author of a column on Lifehacker.ru
- Author of the book "Resume for a million"
HR-persona
by Headhunter Ukraine and Belarus
TOP-20
HR leaders by Headhunter
TOP-5 HR
by delo.ua
#1
HRCI CIS representative
What's inside the employee bonus course
Here is what you will get on the course
Intensive course work
In the course you are not a passive listener, but actively participate in chat during the class and between classes, and practice all the knowledge you have learned and receive feedback from the course author
Tools
You will receive a large number of proven tools that the author has tested in a wide variety of companies, many of which have been developed personally, as well as examples from top companies
Ready-made solutions
You don't have to develop all the solutions yourself. You will get ready-to-use solutions straight away, on a "take-it-or-leave-it" basis. Your only task is to adapt all the tools you receive to your company
Examples
We will have many examples and cases from companies in a wide variety of industries of how they have solved business problems using sourcing tools. You are sure to find many ideas for yourself
Homework assignments
In your homework, you will adapt all the tools and solutions to your business, and the course author will personally check how you did it.
Chat room
All students are added to a dedicated Telegram-chat where they can ask questions and get help, share experiences and find like-minded people and friends.
CONVENIENT STUDENT ACCOUNT
How the course on KPI and motivation works
All resources: webinar recordings, presentations, supplementary materials, are stored in your personal account.
For communication and support, all participants communicate in a dedicated Telegram chat room.
For communication and support, all participants communicate in a dedicated Telegram chat room.
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