Total Rewards India'24: Gurugram - Speakers & Sessions

This session delivers an in-depth technical examination of the evolving Total Rewards framework, transitioning from traditional, monetarily-focused models to a more integrated and strategic approach. We will dissect how modern Total Rewards systems increasingly incorporate non-monetary components, including career development opportunities and holistic employee well-being initiatives, and analyze their implications for reward strategy. Emphasis will be placed on the role of personalization and flexibility in designing reward packages tailored to diverse employee needs. The session will also investigate the transformative effects of artificial intelligence and advanced technologies on reward management and analytics. Further, we will explore the integration of sustainability and corporate social responsibility (CSR) into reward strategies, assessing their impact on organizational performance and employee engagement. Finally, we will examine the ramifications of evolving regulatory landscapes, such as pay transparency requirements, through detailed case studies and practical examples.

Key takeaways:

Understanding the shift from traditional, monetary-focused compensation to a more holistic Total Rewards framework, emphasizing a balanced approach that integrates both financial and non-financial elements.
Explore how effective reward packages are now designed with a focus on personalization and flexibility, catering to diverse employee needs which helps enhance engagement and satisfaction.
Delve into the evolving regulatory requirements, such as pay transparency and equity mandates which are influencing Total Rewards strategies.
Acquire insights on how advanced technologies, including artificial intelligence and data analytics are transforming reward management.

Amidst the sea of discussions on 'Business Transformation' 'Innovative Business Models,' 'The Future of Work,' and 'Future of Rewards,' we've delved into the crossroads of multi-industry business model dynamics and the evolving landscape of work. These forces have undeniably left their mark on Compensation strategy and execution. Within this context, the Compensation Role finds itself in a perpetual state of evolution. What lies ahead for the Compensation Role in this dynamic landscape? Join us for an exclusive session with John Radford and Navneet Rattan to uncover the unprecedented and reshape your understanding of the Compensation role 2.0.

Key takeaways:

Uncover the expansive landscape shaping the Compensation role, placing it within the broader context of transformative business and talent forces.
Explore the future Key Result Areas (KRAs) and anticipated outcomes, providing a roadmap for the evolving responsibilities of the role.
Delve into the upcoming skills and competencies demanded by the future of Compensation landscape, ensuring you're equipped to navigate the evolving demands of the profession.
Acquire actionable insights on strategic focus areas for professional development. Discover how to leverage these insights to make a profound impact on both organizational success and employee engagement.

Hosted by Compport

This TED-style talk will cover several critical topics centered around well-being. We will begin by examining the fundamental importance of well-being and how it significantly influences overall productivity. The discussion will then shift to exploring practical strategies that organizations can adopt to foster a comprehensive approach to well-being. This approach encompasses not only mental and physical health but also emotional and spiritual wellness. Speaker will also address the integration of Diversity, Equity, and Inclusion (DEI) principles as essential components of a holistic well-being strategy. By presenting actionable insights and real-world examples, this talk aims to provide valuable guidance for creating healthier, more productive work environments.

Key takeaways:

Understanding the crucial role that well-being plays in enhancing overall productivity and effectiveness in the workplace.
Exploration of holistic, comprehensive strategies and methodologies aimed at fostering behavior change and promoting well-being across the entire organization
Actionable tips and strategies for effectively engaging employees across all dimensions of well-being to create a culture of well-being, not just a program.

Incorporating Artificial Intelligence (AI) into Total Rewards is crucial for organizations looking to optimize their compensation and benefits strategies. AI applications enhance personalization and efficiency in rewards delivery, bridge platform gaps, and predict the impact of reward programs. This knowledge equips HR professionals to strategically adopt AI solutions, align rewards with organizational goals, and foster employee satisfaction, ensuring modern HR practices stay agile and competitive.

Key takeaways:

Understand how AI has impacted HR and compensation data.
Learn where the market is today and what the next 5 years may hold.
Identify ways an organization using AI may enhance its strategy even further to achieve business outcomes in line with AI-ethics.
Identify the steps, processes, and tools needed to implement AI-driven solutions.
Explore ideas on partnering with your IT team and develop an AI-based compensation model.
Make compensation processes efficient, fair, and compliant and position your organization as an employer of choice.

Hosted by CompUp

The panel discussion on "Executive Compensation: Balancing Stakeholder Needs and Regulatory Demands" aims to provide a foundational understanding of the key elements, frameworks, and complexities involved in executive compensation. It focuses on equipping participants with essential knowledge to navigate the intricacies of setting and managing executive pay structures. The discussion covers the critical balance between addressing stakeholder expectations and complying with regulatory requirements, offering valuable insights for professionals looking to master this complex field.

Key takeaways:

Grasp the significance of executive compensation for organizations, shareholders, and stakeholders, and its governance implications.
Learn strategies for aligning executive compensation with shareholder interests to drive long-term value and performance, while also considering the impact on overall employee morale and organizational equity.
Understand key regulatory requirements affecting executive compensation, such as disclosure mandates and performance-based pay rules, and how to ensure compliance while maintaining transparency.
Develop strategies to handle the complexities of executive compensation, including balancing various stakeholder needs, adapting to regulatory changes, and managing public perception.
Identify the components of executive compensation, including incentive design considerations, tailored for different organization types and their unique challenges.

Today's AI and tech-savvy world of work demands a strategic blend of financial rewards and recognition programs essential for driving employee engagement and performance. This keynote session will discuss the emerging trends in total rewards and non-monetary incentives that enhance the overall employee experience, all through an AI and tech-driven approach. Additionally, the session will emphasize the importance of building a culture of recognition, delivering personalized reward experiences, and aligning programs with the needs of the new-age workforce, with a special focus on Gen Z.

Key takeaways:

Leverage AI to create personalized and impactful reward experiences that meet today's workforce's unique and evolving needs, particularly Gen Z.
Focus on building a culture of recognition to reinforce positive behaviors and enhance overall employee satisfaction.
Develop fool-proof strategies to deliver real-time incentives using technology, boosting engagement and performance.

Hosted by AdvantageClub.ai