Reward & Progression

This project is scheduled for re-development.
If you’d like to work through it, please let us know so we can guide you through the best approach!
– Team VCA

Course Content

Reward: Sample Project Plans (Player-Coach) 4 Steps

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Equitable Pay (Player-Coach)

Perks (Player-Coach)

Time Off (Player-Coach)

Resourcing (Player-Coach)

Compensation

Create An Equitable Pay Plan 7 Steps

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[01] Define Your Compensation Philosophy (60-90 mins)

[02] Let Your Team Know Changes Are Coming (30-60 mins)

[03] Create Your Salary Grid (20-30 mins)

[04] Align Billion Dollar Team Roles With Levels (30-60 mins)

[05] Calculate Compensation For Each Person (30-60 mins)

[06] Set Your Roll-Out Timeline & Communicate With Team (90-120 mins)

[07] Update TCH & Roll Out New Pay Rates (Variable)

Checkpoint: First Steps

Benefits

Define Your Perks 5 Steps

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[01] Determine your Perks Budget (30 – 60 minutes)

[02] Brainstorm and Select Values-Driven Perks (30 – 60 minutes)

[03] Determine the Trigger For Each Selected Perk (30-60 Minutes)

[04] Create a Roll-Out Timeline For Each Perk / Set of Perks (60-90 Minutes)

[05] Update TCH & Roll Out Perks (Variable)

Checkpoint: Midway Point

Time

Define Your Time Off Policies 6 Steps

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[1] Define your Dream Time Off Policy (30 – 60 minutes)

[2] Research State/Provincial and Federal Labor Law Around Time Off (including statutory holidays, vacation pay, etc) (30-60 Minutes)

[3] Create your Proposed Time off Policy by Validating your Dream Time Off Policy against your Resourcing (60-90 Minutes)

[4] Align Your Proposed Time Off Policy with the Legal Requirements and Update to Cover Any Gaps (30-60 Minutes)

[5] Set Your Roll-Out Timeline & Communicate with Team (60-90 Minutes)

[6] Update TCH & Roll Out New Time Off Policy (Variable)

Determine How You’ll Handle Resourcing 9 Steps

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[1] Determine What Your Implied Time Resourcing & What is Needed to Sell and Deliver Your Core Offer (60-90 Minutes)

[2] Define your Time Resourcing Philosophy (30-60 Minutes)

[3] Define your Money Resourcing Philosophy (30-60 Minutes)

[4] Define your Energy Resourcing Philosophy (30-60 Minutes)

[5] Define Boundaries for When, How, and What the Team Needs to Adapt to Resourcing / Availability Changes (30-60 Minutes)

[6] Create Systems for Maintaining Resourcing Requests / Information (60-90 Minutes)

[7] Define your Risk Management Strategy (60-90 Minutes)

[8] Set Your Roll-Out Timeline & Communicate with Team (60-90 Minutes)

[9] Update TCH & Roll Out New Resourcing Policy (Varying)

Checkpoint: Wrap Up

Course Content

Compensation

Course Includes