Total Rewards and Human Capital Analytics (ACHRM)
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Program Professional Framework
Total Rewards and Human Capital Analytics (ACHRM)
Program Overview
Reward is usually the largest controllable cost in an organisation, and people data is increasingly expected to justify every reward decision. This course combines both disciplines: the WorldatWork total rewards model, job evaluation and grading, salary structures and market benchmarking, allowances and benefits common in GCC packages, incentive design and pay equity; and human capital analytics covering workforce metrics, compa-ratio and pay position analysis, attrition drivers and simple predictive models, and human capital reporting aligned with ISO 30414. Participants work with sample payroll and HR datasets to build evidence-based reward recommendations.
Learning Outcomes
- ✓Apply the total rewards model to assess the balance of pay, benefits, wellbeing, development and recognition in the employee value proposition.
- ✓Evaluate jobs and design a grade and salary structure with midpoints, ranges and progression rules.
- ✓Analyse market benchmarking data and calculate compa-ratios to determine pay positioning.
- ✓Design a short-term incentive plan linked to measurable performance criteria.
- ✓Build a human capital dashboard covering headcount, workforce cost, turnover and pay equity indicators.
- ✓Use basic statistical analysis to identify drivers of attrition and quantify their cost.
Target Audience
- Compensation and benefits specialists and managers
- HR analytics and HRIS professionals
- HR business partners advising on pay decisions
- Finance staff involved in workforce cost planning
Detailed Program Modules
01Total Rewards Strategy
- The WorldatWork total rewards model
- Reward philosophy and market positioning
- Total rewards statements and the employee value proposition
02Job Evaluation and Pay Structures
- Job analysis and point-factor evaluation
- Grading structures and salary ranges
- Pay progression and promotion rules
03Market Pricing, Allowances and Benefits
- Salary surveys and job matching
- Housing, transport and other allowances in GCC packages
- Medical, leave and end-of-service benefits
04Incentives and Recognition
- Short-term incentive and bonus design
- Recognition programmes and non-financial rewards
- Pay equity and governance of reward decisions
05Human Capital Metrics
- Workforce cost, headcount and productivity indicators
- Compa-ratio, range penetration and pay distribution
- Human capital reporting aligned with ISO 30414
06Applied People Analytics
- Data preparation and quality checks
- Attrition analysis and simple predictive models
- Dashboards and data storytelling for decision makers
Training Methodology
Applied Project & Assessment
Applied Project
Using a sample dataset or anonymised data from their organisation, participants analyse pay positioning against a market benchmark, identify attrition drivers and present a reward adjustment proposal with costed options and a human capital dashboard.
Assessment
Short diagnostic at the start, practical tasks linked to each learning outcome, and evaluation of the applied project against published criteria.
University Certificate & International Accreditation
Professional Certificate accredited by Alzette University in Total Rewards and Human Capital Analytics (ACHRM)
International accreditation: European Institute for Human Resources Management (EIHRM)