CIPD People Management

CIPD Level 7 Advanced Award in Reward Management

Qualification
Level: Advanced   /   Suitable for in-house

The CIPD Level 7 Advanced Award in Reward Management programme gives you the in-depth technical knowledge and skills to develop tailored reward strategies and solutions that support real organisational and business needs.

Hear from the experts!

Attend a free online open evening to find out more about the qualification and discover whether it's the right one for you! Find out more and register your free place

 

 

 

Details

Dates and Availability

  • Start Date: 17 March 2015
  • Location: London
  • Availability: Spaces
  • Start Date: 16 June 2015
  • Location: London
  • Availability: Spaces
  • Start Date: 22 September 2015
  • Location: London
  • Availability: Spaces
  • Start Date: 01 December 2015
  • Location: London
  • Availability: Spaces
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Details

The ideal qualification if you’re looking to gain relevant, in-depth technical knowledge of reward management and the skills needed to effectively develop tailored strategies and solutions that support real organisational and business needs.

This unique programme brings the CIPD’s research, knowledge and training expertise together with leading practitioners and consultants in the field, to provide you with a recognised qualification based on leading-edge thinking and highly practical approaches.

Hear from the experts!

Attend a free online open evening on 14 October to find out more about the qualification and discover whether it's the right one for you!

Find out more and register your free place

The CIPD Level 7 Advanced Award in Reward Management can also be provided in-house. This is a cost-effective approach if you have a number of people who require training. You choose where and when you want our trainers to deliver. We can also tailor the programme to suit your precise organisation needs. To speak to an adviser about your particular requirements, call our in-house training team on +44 (0)20 8612 6202.

Who is it for
The CIPD Level 7 Advanced Award in Reward Management qualification provides a means of professional recognition in the field of reward management. It is relevant for pay and reward specialists and HR generalists wishing to either continue in a generalist role or specialise in reward.
Benefits

On successful completion of the programme, you’ll be able to:

  • assess and utilise all the key components of reward management, including contemporary approaches and developments
  • diagnose reward issues and determine an appropriate fit between reward schemes and the business and wider external context
  • apply reward knowledge and skills with confidence in public, private or voluntary sector settings
  • optimise the effectiveness of reward budget spending
  • ensure that pay systems are not discriminatory
  • develop the reward programme so that it is adaptable and does not become a source of competitive disadvantage
  • analyse the relationship between the environment, strategy and systems of reward management
  • explore the conceptual apparatus and theoretical debates informing reward management
  • critically discuss traditional, contingent and knowledge bases for transactional and relational rewards
  • design internally consistent reward structures that recognise labour market and equity constraints
  • analyse executive and expatriate rewards in an international context.
Content
Course Module 1 : Introductory Workshop - Duration: 1

This introductory workshop helps you to understand the structure and requirements of the CIPD Advanced Level Award in Reward Management programme. It identifies the opportunities, challenges and sources of help and support available. It covers some general aspects of reward management.

By the end of the workshop, you’ll be able to:

  • identify the key requirements of the Award
  • define the components of reward
  • analyse the links between reward, the organisation and the external environment
  • explain the factors that influence people to join or leave an organisation
  • identify the factors that create engagement and motivate employees to deliver high performance
  • evaluate the skills required of reward specialists.
Course Module 2 : Base and Variable Pay - Duration: 2
This two-day course module focuses on structuring and managing base pay; designing variable pay programmes, and delivering on-going financial support to your business organisation.
Course Module 3 : Benefits, Pensions and Share Schemes - Duration: 2 days
This two-day course module will give you the the confidence, knowledge and skills to make an influential contribution to the management of your organisation’s benefit plans, pensions, and share schemes.
Course Module 4 : Reward in Context - Duration: 2 days
This practical and interactive two-day course module uses case studies to deliver the specialist knowledge needed to aligning reward strategy with the business, HR and organisational strategy. It addresses the reward environment in which the organisation operates and looks at the resources required to manage reward schemes.
Course Module 5 : Global Mobility - Duration: 1 day
This one-day course module will help you develop specialist knowledge in global mobility and be better equipped to manage your company’s assignment programme, develop and negotiate expatriate packages and manage the interface with third party providers.
Course Module 6 : Revision Workshop - Duration: 1 day
Accreditation
Upon successful completion of the programme, you’ll be awarded the CIPD Level 7 Advanced Award in Reward Management. The qualification is accredited by the CIPD, and equivalent to QCF level 7.
How to gain

To gain the CIPD Level 7 Advanced Award in Reward Management, you must attend: 

 

  • Introductory Workshop (one-day)
  • Base and Viable Pay course module (two-day)
  • Benefits, Pensions and Share Schemes course module (two-day)
  • Reward in Context course module (two-day)
  • Global Mobility course module (one-day)
  • the revision workshop (one day)

 

Successfully complete 

  • three case studies
  • one written assignment
  • independent learning

 

Pass the Reward Management examination. The exam is 2 hours plus 10 minutes reading time.

Special features

First-class tutors

Whether you’re doing a course, qualification, or in-house programme, the tutors you will meet have in-depth knowledge of their subject, and combine academic expertise with years of hands-on business and industry experience. They are passionate about their specialist areas, and have proven time and time again their ability to facilitate top-quality learning and provide the best possible learning experience. So, whilst theory and models matter (and you’ll get them), they are skilled in helping you ‘translate’ them into your day-to-day reality.

Take a look at the Tutors tab on this page to view biographies of just some of the tutors you’re likely to meet on the programme. Why not look them up on Google – we’re proud of the fact that many of our tutors are among the UK’s leading experts in their specialist area.

 

Comprehensive additional resources – on and offline

You’ll be provided with comprehensive documentation and reference material to support you in your studies, including textbooks (where relevant), in addition to which (on most programmes) you’ll also have access to an online Virtual Learning Environment (VLE). The VLE includes extensive additional learning resources and links to articles, research, surveys and practical tools relevant to your studies. It also enables you to network with your fellow learners and participate in networked discussion forums facilitated by your tutor between face-to-face learning days. Plus you’ll find tips and guidance on how to do assignments, and for exam-based qualifications, revision tips, past exam papers, examiner’s reports, online exam tutorials and much more.

 

A blended approach

Most of our programmes take a blended approach – combining face-to-face learning with self-study and online working (via the Virtual Learning Environment). This powerful mix is one of the best ways to achieve sustained skills enhancement, and also minimises the time you need to spend away from the office.

 

Practical and applicable

For your learning to work, it has to be relevant to your workplace. That’s why our programmes focus on providing you with the knowledge, skills and confidence to apply your learning back at work straight away. You’ll explore your own needs and issues, as well as share experiences, challenges and insights with other participants and your expert tutor. We constantly update and improve our programmes, to ensure they are aligned with your changing needs and prepare you for the issues facing your profession.

 

You’ll be given extensive resources to help you put your learning into practice as soon as you return to work. Our qualification programmes provide you with comprehensive documentation and reference material to support you in your studies.

 

Other unique features of this programme include:

  • discounted attendance at the CIPD Annual Reward Conference
  • complimentary place at a CIPD Reward Forum event.
Course Tutors

Mrs Ray Parmenter

Mr Simon Richardson

Currently Head of Global Mobility at Total Reward Solutions, a ‘boutique’ Reward Consultancy established in October 2005. A founder member of the business responsible for all aspects of running the Global Mobility business including business development, managing outsourced assignment programmes and client advisory services. Technical areas of specialisation include expatriate compensation and benefit design, tax and social security planning, assignment cost tracking, global mobility policy development and the legal issues associated with assignment contracts. Previous roles include Senior Manager at PwC setting up an internal Global Mobility function between 1996 and 2003 and managing Logica assignees between 1989 and 1996.

Mr Mark Childs

Mark is Managing Director of the Total Reward Group, comprising the boutique reward consultancy Total Reward Solutions and the specialist search and interim practice Total Reward Careers. He has previously headed up global compensation and benefits in Fidelity Investments, Seagram, Chubb, Reckitt & Colman plc and Forte plc. His early career was as an HR Generalist, with an academic background in industrial relations. Mark is a Chartered Companion and former Vice President Reward of CIPD. During this time he was chief architect of CIPD’s Advanced Award in Reward Management and is Tutor for the Pensions, Share Schemes and Benefits module. A Fellow of the Institute of Consulting, Mark is a former member of the CBI’s National Employment Policy Committee and author of Personnel Today’s One Stop Guide to Reward Management. He is an experienced reward adviser and currently Chairman of the Remuneration Committee of Atlantic Equities LLP.

Mr Denis Crowe

Denis is a freelance reward management consultant and until August 2011 worked as the Head of Reward Consulting at Pilat HR Solutions. In 2012 Denis set up his own consulting business, Denis Crowe Consulting Limited. Prior to January 2005, Denis worked as a senior manager in PricewaterhouseCoopers’ human resource consulting practice. His expertise encompasses all aspects of reward management, including: high level reviews of payment systems and reward strategies; pay and grading reviews; performance incentive arrangements; and market pricing of jobs including salary and benefit surveys. He has led a wide range of remuneration engagements in both the public (including executive agencies) and private sectors, across European and International locations. Most of these involved a wider review of business objectives and linking reward policies and practices to business requirements.

Mr Clive Wright

Clive is Director of Hyperion HR Ltd. The company provides HR and reward consulting services to business leaders and HR Directors. He established Hyperion after leaving Mercer in 2009 following 8 years as a Principal working with FTSE 100 and international companies. Prior to joining Mercer he fulfilled senior global HR and Reward roles for major international companies. Clive served as Chair of the CIPD Reward Forum for eight years and currently delivers both the ‘Developing a Reward Strategy’ and 'Reward in Context' courses. He is a Visiting Professor at City of London Business School and the Council Director of the European and Asia-Pacific Compensation and Benefits Councils of The Conference Board.
Dates and fees

Full Up-front Qualification Fee £4,599 + VAT, Member fees: £4,599 + VAT

 

Module by Module Payment Option

You can either pay the full fee up-front, or pay on a course module by course module basis. If you choose to pay course module by course module, you'll be invoiced for the introductory workshop (including all the programme resources), four course modules and the revision workshop on an individual basis for the total fee of £4,829 + VAT.

 

The fees include all tuition, personal tutor support, assessment, examination fees, course material and access to the dedicated Virtual Learning Environment. They do not include travel, accommodation or registration as a studying member of the CIPD, mandatory for all candidates who are not already CIPD members. 

Module 1 - Advanced Award in Reward Management Introductory Workshop, Duration: 1 day

  • 17 March 2015, London / Availability: Spaces
  • 16 June 2015, London / Availability: Spaces
  • 22 September 2015, London / Availability: Spaces
  • 01 December 2015, London / Availability: Spaces

Module 2 - Base and Variable Pay, Duration: 2 days

  • 20 January 2015, London / Availability: Spaces
  • 21 April 2015, London / Availability: Spaces
  • 23 July 2015, London / Availability: Spaces
  • 03 November 2015, London / Availability: Spaces

Module 3 - Benefits, Pensions and Share Schemes, Duration: 2 days days

  • 24 November 2014, London / Availability: Spaces
  • 23 February 2015, London / Availability: Spaces
  • 18 May 2015, London / Availability: Spaces
  • 21 September 2015, London / Availability: Spaces
  • 17 November 2015, London / Availability: Spaces

Module 4 - Reward in Context, Duration: 2 days days

  • 15 December 2014, London / Availability: Spaces
  • 16 March 2015, London / Availability: Spaces
  • 29 June 2015, London / Availability: Spaces
  • 12 October 2015, London / Availability: Spaces
  • 08 December 2015, London / Availability: Spaces

Module 5 - Global Mobility, Duration: 1 day day

  • 09 February 2015, London / Availability: Spaces
  • 20 April 2015, London / Availability: Spaces
  • 14 September 2015, London / Availability: Spaces
  • 17 November 2015, London / Availability: Spaces

Module 6 - AARM Revision Day, Duration: 1 day day

  • 29 January 2015, London / Availability: Spaces
  • 10 July 2015, London / Availability: Spaces

People who have been on this course say

The qualification has opened my eyes to the rest of the world again. You learn from the experiences of other people on the course and where they are going, and I think it pushes you again. Karen