Business, HR and Remuneration Courses

Short Term Incentive Scheme Design

In-House

21C Ed logo
Short Term Incentive Scheme Design Training Course

1-day course

Address the attraction of variable pay, the link to “pay at risk” and leave with the knowledge and understanding of the implementation considerations, mechanics, underlying principles, and rules that are required to design effective schemes.

IPM and SARA logos

Who should attend this course?

Remuneration Managers, Remuneration Analysts, Chief Financial Officers, HR Managers, and Executives.

Key Objectives

  • Terminology, definitions and differences;
  • The business case for implementing variable pay and incentive schemes;

  • Design considerations;
  • How to select the most appropriate scheme;
  • The common formulae used and the main features of each scheme;
  • Typical incentive scheme headings – an aid to scheme design;
  • Critical success factors and lessons learned

Are there any prerequisites for attending this course?

Yes, you need to have a background in Remuneration and Finance.

Accreditation

This course is accredited by two highly prestigious bodies in the Remuneration and Reward field – SARA and IPM – and CPD points will be awarded for completing this course.

IPM and SARA logos

In-house Training Rates

All our courses can be run In-house and can be customised to suit your organisation’s needs.

  • 1-10 delegates: a flat daily rate of R26 775.00
  • PLUS a daily fee for each additional delegate of R3 000.00

2026 Public Training Courses and Rates

We run a select few of our most popular in-house courses as Public Courses during the year.

Please click on the table below for a larger view of the 2026 Public Course Dates.

Public Training Courses 2026
  • 1-day courses:
    R6900.00 ex. VAT per delegate;
  • 2-day courses:
    R13 800.00 ex. VAT per delegate
  • 3-day courses:
    R20 700.00 ex. VAT per delegate;
  • 4-day courses:
    R27 600.00 ex. VAT per delegate
  • 5-day courses:
    R34 500.00 ex. VAT per delegate

Please note that all public training courses require upfront payment by your organisation. If any delegate cannot attend, they may transfer their place on the course to any other person from the organisation. Terms & Conditions will be sent to you on booking.

Regional Contacts

If you are interested in any of our courses, or if you have any queries, please fill in the contact form or speak to one of our regional contacts for more information.

Leanne Visser
General Manager,
Western Cape & Northern Cape

Chimoné Zaayman
Head of Training

Thandeka Dube
Training Coordinator

 

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