PLEASE NOTE: In this time of Covid-19 we will be offering this course either face-to-face or online via Zoom

Short Term Incentive Scheme Design

1-day course

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

Who is this course
aimed at?

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

 

Are there any prerequisites for attending this course?

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

 

Is this course accredited?

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.

Course content and outcomes

At the end of this course you will  clearly understand:

  • 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.

What other courses does 21st Century offer?

21st Century ED offers one and two-day courses that cover all areas of Remuneration and HR.

 

 

more courses

2021 course dates

25 February

17 May

23 August

10 September

11 November

The course content has been split into two Zoom modules – one in the morning and one in the afternoon.

Module 1:

09h00 – 12h00

Module 2:

13h00 – 16h00

In order to participate in the Zoom course, please fill in the forms below and we will get back to you with further details.

1-day Public Course Rate

R 5 250.00
(per delegate, excluding VAT)

Public Course Package Rates

If you – or any company employees – would like to attend more than one public training course, or more than one person from your company would like to attend any of the courses, we highly recommend purchasing one of our packages.

  • Structured according to the number of delegate days
  • Discounts of up to 30%
  • Valid for a year
  • Specific to the company (not to the delegate) so can be used:
    • by any number of employees
    • in any combination
    • for any course/s

If you would like to purchase a package, please fill out the booking form

In-house Rates

for between 5 and 10 delegates*,
a flat daily rate
of

R 19 950.00

+ a daily fee for each
additional delegate
of

R 1 750.00

We can tailor-make this course, or customise any combination of courses to suit your organisation’s needs.

If you would like to run this course in-house at your company, please contact us and will will get back to you ASAP.

* Please note that we need a minimum of 5 delegates in order to run this course.

Contact us

Please familiarise yourself with the TERMS & CONDITIONS before booking

Terms & Conditions

Regional Contact Details

Head Office:

Sharlene Herandien
Training Manager, Johannesburg & Gauteng

Johannesburg

Eastern Cape & KwaZulu Natal:

Penny Petrou
General Manager, Eastern Cape & KZN

Eastern Cape & KZN

Western Cape & Northern Cape

Leanne Visser
Regional Manager, Western & Northern Cape region

Western & Northern Cape

BOOKING FORM: Courses & Packages

  • Section A: Company Information:

  • Please ensure that you fill in all the necessary requirements before submitting the form.

  • Section B: Delegate Information:

  • Section C: Purchasing Options:

  • Choose how you would like to pay. Fill in all the fields that are applicable, choosing AT LEAST ONE purchasing option.

  • Section D: Invoicing Information:

  • This section contains the details of the financial contact person within your company who would receive the invoice.

  • Section E: Signoff

  • This section must be signed off by a person in your company who has the authority to purchase this course/package/s.