Performance and Reward Management:

Performance management is a complicated function that encompasses activities such as: joint goal setting, continuous progress review, frequent communication, feedback and coaching for improved performance, implementation of employee development programmes and rewarding achievements. It can be regarded as a systematic process by which the overall performance of an organisation can be improved. The programme will:

• develop learners’ understanding of the principles and practices of performance and reward management in corporate contexts,
• provide theoretical and practical understanding of the diverse approaches to reward management,
• facilitate a critically reflect on the strengths and limitations of these approaches.

Target Audience

This course is valuable for Managers, Leaders and Supervisory staff and those with responsibility for managing the performance of others.

Training Content

• Models of performance and reward management.
• Psychology of reward management.
• How performance management operates as a form of reward.
• How performance and reward management is influenced by the external environment.
• How the internal context of an organisation influences the choice of performance and reward management strategies.
• Relationship between performance and reward management and workforce learning and development.
• Performance and reward management systems and procedures in an organisation.
• Different methods of measuring employee and organisational performance.
• The nature and operation of team reward, its potential and drawbacks.

Duration

The performance and Reward Management course has a total of eight (8) contact hours.