Total Rewards Academy program

In partnership with The Reward Practice Ltd.

 

Get your WorldatWork - Global Remuneration Professional® (GRP®) certificate and expand both your skill base and your professional peer group network. The Total Rewards Academy is for reward professionals of all seniority levels and also HR professionals with an interest for Reward.

 

Novo Nordisk, Lundbeck, Mærsk, Electrolux, IKEA & more, laid the groundwork working with The Reward Practice Ltd. to tailor a highly effective condensed program structured in three one-week course programs delivered in the span of one year. This is significantly shorter than the 3-5 years customary for the public W@W programs.

 

For 2022, this programme is open to all Scandinavian companies, irrespective of size or industry. It has been a proven concept for all experience levels, and you have the opportunity to be added to the over 200 HR and Rewards professionals from Scandinavia’s finest companies who have already benefited from this unique development programme. 

Course Structure for 2022/23

Each course typically has 25-30 participants in order to facilitate open classroom style discussions. The plan below sets out how the 10 courses are split between the 3 course weeks. The 10 courses follow a logical pattern of learning about Rewards.

 

There is an examination for each course. These can be taken online at your convenience. The objective is to ensure that everyone passes their exams. Recordings of each course are provided for revision and self-study.

 

Case studies

In addition to the 10 courses in the World at Work program, you will benefit from actual case studies from the sponsor companies as well as from Mercer, which this year also includes experiences learned and challenges related to working in the post-COVID world.

 

Case studies will be sent out in advance, but these are mostly for group discussion and no preparatory work is required.

 

On Location or Online

We have a mix of opportunities for you to participate with both face-to-face courses on location in Copenhagen or Malmö, as well as online courses for registrants from APAC / Europe or the Americas, who do not have the option to travel. Limited seats available at Malmö | IKEA and Copenhagen | Lundbeck - hurry to reserve your spot. Seats are offered on a first come basis.

 

 

Foundation Week:

 

Total Rewards Management

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Job Analytics, Evaluation and Documentation

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Base Pay Administration & Pay for Performance

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Scheduled for May / June

Details below

 

Skills Development Week:

 

Market Pay & Pricing

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International Remuneration

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Variable Pay

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Scheduled for November

 

Future Perspectives Week:

 

Business Acumen for Compensation professionals

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Qualitative Principles in Compensation Management

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Strategic Communication in Total Rewards

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International Reporting Standards for Compensation Professionals

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Scheduled for May 2023

 

Schedule for Foundation Week courses

Face-to-face

 

On location

 

May 16th - 20th, 2022

IKEA, Malmö, Sweden

 

--- or ---

 

June 13th - 17th, 2022

Lundbeck, Copenhagen, Denmark

 

Online

 

Online

 

May 30th - June 3rd, 2022

APAC / Europe 

 

--- or ---

 

June 6th - 10th, 2022

Americas

 

Short facts & pricing

 

  • The program will be delivered by The Reward Practice Ltd., a UK company licensed by WorldatWork to provide this programme
  • The primary instructor for delivery of the mentioned courses will be Alan Gibbons, who has worked with Novo Nordisk for 15 years and delivered the Total Rewards Academy Program since 2017
  • The total value of 10 courses is USD 25,000 and requires 25 working days to complete, not including travel
  • With the Total Rewards Academy, the cost saving is significant at a price point of USD 8,350 per person, with travel expenses limited based on the variety of accessibility.

 

 

 

 

What do past participants say?

“The Total Rewards Academy has increased my understanding of all aspects of Rewards, and gave me the chance to study alongside colleagues from Scandinavian companies. It was a great confidence-building and networking experience, and I would recommend it to all Rewards specialists, at all levels, as a great way to get certification and to learn what other leading companies are doing.”

 

Paw Olsen
Senior C&B Specialist
Compensation & Benefits

 Lundbeck A/S

“Very pleased that  I was given the opportunity to participate as it has been a great introduction to Total Rewards. I really appreciate the insights and learnings from the 3 weeks we had together.”

 

Daniel Seco, GRP®
Director Global Mobility
 AB Electrolux

"During my time at Leo Pharma and Novo Nordisk I found The Total Rewards Academy an excellent way to learn and discuss the theories and practices of rewards with peers from different companies while getting the much sought after WorldatWork GRP® certification. It gives great insights to why certain approaches are favored over others, but also provides the opportunity to hear what other leading companies are doing and while doing so extending your professional network. I would recommend it for all who would love to get deeper into rewards theories and practices across all the professional levels."

Sebastian Khalife-Jaeger
Senior Rewards Consultant
Mercer Denmark