Certified Total Rewards Professional™ (CTRP) Workshop

For practitioners with more than four years of compensation and benefits experience, wishing to raise their level of impact, deliver greater value and demonstrate a higher level level of competence as a rewards professional or manager.

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Course Fee SGD2,695

Accredited by The ASEAN Total Rewards Institute™

Offered virtually in five half-day sessions

22, 23, 24, 29, 30 Aug / 22, 23, 27, 28, 29 Nov 2023

Course Trainer

Tom Farmer

Expert Leader in Total Rewards, CCP, SPHR, ACTA

Tom Farmer is a global total rewards leader with a career spanning over 30 years. As a consultant Tom has advised more than 150 organisations including three of the world’s largest companies (Sinopec, Toyota and Walmart) and led the rewards function globally and regionally in several industries. As an instructor, Tom has trained more than 1,000 HR professionals and 500 line managers on pay topics.

Currently, Tom is owner and Managing Director of Freelance Total Rewards Pte Ltd, based in Singapore, with clients including China Aviation Oil, CrimsonLogic, GroupM, Great Eastern Life, Toyota Tsusho Asia Pacific, Armacell and Peninsula Hotels.

Before starting his own firm in 2013, Tom was with Mercer as Principal and Asia Pacific Leader for Global Mobility, where his clients included Singapore Tourism Board, Singapore Ministry of Defense, AIA, MeadJohnson Nutrition, PTT Group, Sinopec, Kraft Foods, Chartis Insurance, Yum! International, Western Digital, MasterCard, and Hilton Hotels.

Tom moved to Singapore in 2007 as Vice President, Compensation and Benefits, Asia Pacific for InterContinental Hotels Group after holding the same position for IHG’s Americas region. Tom drove a global revision of IHG’s global mobility policy sustainably reducing annual costs by USD 2.6 million, and introduced innovative benefits changes in both the U.S. and Singapore earning HR Excellence Awards in 2008 and 2012.

Prior to joining IHG, Tom was a senior consultant with Hewitt in Atlanta, where he led large (million-dollar) compensation projects for Coca-Cola North America, Freddie Mac, Auburn University, Panasonic, Verizon, The Home Depot and several others.

Who Should Attend

This workshop is intended for compensation and benefits managers or professionals with at least four years of hands on experience in an organizational setting.

This is a certification workshop for those with significant experience; it is not intended for those wishing to explore a move into compensation and benefits, who are doing HR generalist work but have not done C&B, or compensation and benefits practitioners with very narrow experience. Such persons should consider the Certified Total Rewards Specialist (CTRS) Workshop, aimed at those newer to compensation and benefits.

Testimonial

“Tom is incredibly knowledgeable and experienced expert in total rewards. I can learn new idea from him and be inspired by him constantly. Thank you for being so informative, comprehensive and articulate!”

“This training is what I’ve been looking for! It gives me more solid framework to my current role. Tom was great. Communicative and he understand our pain point.”

“Total rewards in ASEAN context is really a good learning opportunity to learn best practice & best tip. Tom Farmer is a brilliant facilitator & knows substantially a lot, merging western & Asian context, updated with latest trends & was successful in creating a delightful workshop experience”

Course Introduction

This Certified Total Rewards Professional™ (CTRP) Workshop provides more experienced compensation and benefits managers and professionals an opportunity to achieve certification in a convenient three-day format, based on an assessment of managerial and program design competencies related to base pay structure design, managing the annual salary review, incentive pay design, advanced benefits and other professional competencies such as performance management and communication. The focus is on ensuring emerging total rewards leaders are equipped with the essential knowledge, terminology, theory, methods, and attitudes for driving value through well-aligned rewards practices.

Class discussions are used to develop attitudes and insights in relation to linking pay to performance and value creation, through merit (base pay) and incentives (variable pay). Discussion of advanced benefits creates awareness of trends in cost-sharing, employee responsibility and flexible work arrangements. This is not intended as a skill-building course, but provides formal training in the essential managerial knowledge needed for compensation and benefits.

An assessment exam is included, requiring a 70% passing score for certification, along with evidence (resume or LinkedIn profile) of four years’ experience performing professional-level compensation and benefits duties within an organization.

All material will be presented to address the new reality of virtual work, economic uncertainty and focus on supporting the bottom line through effective total rewards.

Levels of Rewards Competencies

The ATRI CTRP Certification Workshop is designed for HR or C&B practitioners who wish to strengthen and assess their ability to design and manage compensation and benefits programs that create value for their employers. The workshop is currently run virtually over three consecutive full days. For more experienced C&B professionals you may consider to attend our CTRF course.

Learning Objectives

Following the CTRP Workshop, participants should be able to perform and successfully complete assessment of the following:

Apply the total rewards approach
Manage the annual salary review
Design effective incentives
Develop advanced benefits aligned to needs and business objectives
Use work-life, recognition and growth to attract, retain and motivate
Evaluate the pay for performance link in light of recent trends
Be an effective partner to business and HR leaders

Course Modules

Recommend salary increase budgets
Manage the salary review process
Update salary ranges
Determine employee and location compa-ratios
Develop salary review guidelines and policies
Design the manager input and rollup process
Prepare payroll files and compensation statements
Help managers communicate pay decisions

Bonus Materials

Salary Increase Guideline Matrix template
Manage Salary Planning Input template

Distinguish and select incentive types based on purpose
Determine total target cash and the pay mix
Evaluate effectiveness of existing incentives
Develop a broad-based corporate incentive plan
Develop a sales incentive or commission plan
Describe and recommend profit sharing and gainsharing plans
Communicate incentives to participants

Bonus Materials

Sample incentive plan documents
Corporate incentive review guide

Manage the benefits function
Implement insurance strategies
Manage benefits accounting and funding
Implement and manage wellness, prevention and flexible benefits
Manage ASEAN regional benefits
Implement Work-Life strategies

Bonus Materials

Supplemental Retirement Scheme (Singapore)
Multinational Pooling reference material
Article on Retention-based pay

Align rewards to performance, using traditional or emerging approaches
Write and maintain effective reward policies
Manage communication and change effectively
Partner with business leaders to meet business needs appropriately
Collaborate with finance and accounting

About ASEAN Total Rewards Institute™

The ASEAN Total Rewards Institute™, or ATRI, is a collaboration of leading human resources and total rewards practitioners to provide professionals the opportunity to be trained and certified in the field of compensation and benefits in the ASEAN regional context.

ATRI is owned by Freelance Total Rewards Pte Ltd, a Singapore-based total rewards management consulting and training firm, led by Thomas A. Farmer, CCP, SPHR, ACTA. The firm has advised dozens of clients in Southeast Asia and beyond, and was established in 2013. Tom is a former Principal with Mercer and a former Vice President, Compensation & Benefits for InterContinental Hotels Group. He has trained over 2,000 HR professionals and over 600 line managers on pay-related topics. You can find more information from ATRI official website about the certification.

Frequently Asked Questions

Have questions or need help? Please feel free to get In touch with us 🙂

enquiry@hrd-future.com

(65) 6980 7730

To ensure learners have sufficiently acquired the competencies taught in this course, an assessment may be taken for certification. Certification as a Certified Total Rewards Professional™ (CTRP) will be valid for as long as the certificate holder remains active in the HR profession. Certification requirements include:

Successful participation in the 3-day certification workshop (brief absences are ok if unavoidable):
Passing score of 70% on the exam, ie. 28 of 40 items:
Minimum of 4 years experience in or involvement with compensation and benefits: and
Concurrence of two ATRI panel members.

The exam is 100% multiple choice, and is administered online, the afternoon of day 3, normally requiring 30-45 minutes, although an entire hour is available. A thorough review of exam-related content will be held just prior to the exam.

You can register online by filling the registration form on our website. Alternatively, you can also register by email or phone.

To register by e-mail, please send the delegates name, job title, email address, company name and telephone number to enquiry@hrd-future.com or alternatively you can email the scanned copy of the completed registration form.

For more information, please call +65 69807730

All our public events are conducted in English, unless otherwise stated. English subtitle are available for some of the online courses.

The registration fee includes admission to the events, exam and cert for certification courses.

For in-person course, a comprehensive set of documentation material in digital format or only printed format for some of the course distributed at the venue, lunches and 2 refreshment breaks for in-person classes. Hotel accommodation and travel costs are not included in the registration fee; however, we do have corporate rates with the hotel venue. Email to enquiry@hrd-future.com for more information.

There is no deadline for registration. However, for some courses, sometimes we do limit the number of delegates to ensure optimum course interaction. We advise you to register as early as possible in order to avoid disappointment and to allow adequate time for our administration process. for in-person class, if you need to register on the day itself (walk-in registration), then kindly contact our customer service department at +65 69807730.

Full payment must be received within seven (7) working days upon receipt of invoice or before the event date, whichever is earlier. A LOU with company stamp is requested for those organizations that cannot make payment on time.

Payment Mode

(1) BANK TRANSFER (USD/SGD only)

Account Name: HRD Future Pte Ltd
Account Number: 695-207639-001
Beneficiary Bank: Oversea-Chinese Banking Corporation Limited
Beneficiary Bank Address: 65 Chulia Street OCBC Centre Singapore 049513
Swift Code: OCBCSGSG

For other currencies, we may provide you a different bank account depends on currencies. Email to enquiry@hrd-future.com for more information.

(2) CHEQUE

Please make all cheques payable to: HRD Future Pte. Ltd. (Appliable in Singapore Company only)

(3) CREDIT CARD

We are using Stripe as the credit card payment gateway. Additional credit card charges per transaction are applied. Please contact our team for more details.

Can I change the name/details of the delegate(s) after registration?

Yes, a name can be changed at no additional cost. Please email enquiry@hrd-future.com providing the details of the delegate(s) you wish to replace and the details of the replacement(s). This email should include:

Full names, titles and positions in company
Company name
Direct telephone (for any urgent purpose)
Delegate’s email address (for us to send the Pre-Course Reading Material and Questionnaire)

I have registered for an event but I can no longer attend, what is your cancellation policy?

Cancellation policy can always be found in the Terms & Conditions section of your registration form. Basically, cancellations can be made if it is submitted more than 30 days prior to the event.

For cancellations received less than 30 days prior to the event, you have several options:

You can send a replacement as we do substitution free of charge
If no one from your organisation can attend, formal written request for withdrawal is required and an acknowledgement sent out. If the request is done before a month of the commencement date, a credit voucher is issued to the organization to be used within 12 months of the date of issuance.

Can I get a copy of the delegate list prior to the event?

We do not disclose delegate list prior to the event taking place. A list of participants will be available at the event only.

Can I get a copy of the course materials prior to the event for self-study?

Yes for some of the courses. However since we always update course materials closer to the event date to ensure all data is most updated, we are only able to provide course materials approximately one week before the event dates. A full payment is requested in order to receive the course material in advance.

What is the dress code for the event?

Most of our delegates who attend our courses prefer to wear business/ smart casual clothing. No shorts please. You can also bring optional formal clothing for your personal dinner or networking functions.

Who should I inform about my dietary requirements?

We will email you the event details letter approximately two weeks before the day of the events. You can highlight any special dietary requirements by reply the email.