PARC Strategic Reward Skills Masterclass

16 - 17 May 2019

Oakley Court, Windsor

Following the success and popularity of the three previous PARC Reward Skills Masterclasses, we are including a further, two-day programme in our 2019 schedule.

The PARC 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 need 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 that are most frequently reported by RemCo Chairs as essential to effective performance as the Head of Reward or Group HRD in major companies. These skills are set out below
– specific objectives and key deliverables for each session 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

Prior to the session, delegates will be asked to review their organisation’s strategic business objectives, including as outlined in the annual report, and to assess the alignment between these objectives and their organisation’s: a) approach to talent strategy; b) reward values and principles; and c) major group-wide reward plans. It is important that anyone nominated to attend the programme will have the opportunity to discuss this in advance with relevant members of senior management and, under the guidance of the PARC member, will be set clear actionable objectives linked to the programme deliverables.

Our masterclass is an ideal learning, networking and skills development opportunity for your most able next generation reward and HR leaders. This practical programme is available to one nominee from each PARC member as part of the annual subscription, with an additional charge for accommodation. Extra places may become available at a cost of £1,000 per person.