Masterclass – Strategic Reward Skills
10–11 May 2018
Following the success and popularity of the Masterclasses in 2016 & 2017, we are again oﬀering the opportunity to PARC member companies to nominate a participant this year.
The PARC Strategic Reward Skills Masterclass is aimed at prime succession candidates to current Heads of Reward in major listed companies. The programme is also well suited for aspiring, or newly promoted Corporate HR Directors, who wish to develop a more strategically focused set of reward skills for their interface role with the Remuneration Committee and Main Board.
Run over two consecutive days, the Masterclass will focus in particular on those skills which are most frequently reported by RemCo Chairs as essential to effective performance of Group HRDs or Heads of Reward in major companies. These skills are set out below – (specific session objectives and key deliverables are available on request):
• the ability to develop a ‘grounded’ reward strategy – aligned with business strategy
• the ability to review / assess and contribute to RemCo eﬀectiveness
• the ability to review / assess the eﬀectiveness of longer term incentive arrangements – and develop clear alignment to sustainable, long-term performance
• the ability to design / conduct a risk audit of reward.
With an expert faculty and guest speakers, this practical programme will be available to one nominee from each PARC member company as part of the annual subscription with a charge of £300 for (single night) accommodation.
Additional places may become available at a cost of £1,000 per person. However, numbers will be limited to ensure the opportunity for full participation in discussions.
Prior to the session, delegates will be asked to review their organisation’s strategic business objectives, including as outlined in their annual report, and assess the alignment between these objectives and the reward values and principles set out in the remuneration report and any internal ‘reward strategy’ documentation.