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    Assessment2 TRP

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    api-460871523
    The document outlines the total reward package (TRP) for employees at The Knowledge Institute, a medium-sized educational company, including base pay, benefits like retirement plans and paid time off, transactional rewards like discounts, and relational rewards focused on development, recognition, and career growth. The TRP is designed to engage and motivate employees through competitive compensation and a supportive work environment focused on learning and achievement.

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    Assessment2 TRP

    Uploaded by

    api-460871523
    93 views13 pages
    The document outlines the total reward package (TRP) for employees at The Knowledge Institute, a medium-sized educational company, including base pay, benefits like retirement plans and paid time off, transactional rewards like discounts, and relational rewards focused on development, recognition, and career growth. The TRP is designed to engage and motivate employees through competitive compensation and a supportive work environment focused on learning and achievement.

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    assessment2 trp

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    The document outlines the total reward package (TRP) for employees at The Knowledge Institute, a medium-sized educational company, including base pay, benefits like retirement plans and paid time off, transactional rewards like discounts, and relational rewards focused on development, recognition, and career growth. The TRP is designed to engage and motivate employees through competitive compensation and a supportive work environment focused on learning and achievement.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    93 views13 pages

    Assessment2 TRP

    Uploaded by

    api-460871523
    The document outlines the total reward package (TRP) for employees at The Knowledge Institute, a medium-sized educational company, including base pay, benefits like retirement plans and paid time off, transactional rewards like discounts, and relational rewards focused on development, recognition, and career growth. The TRP is designed to engage and motivate employees through competitive compensation and a supportive work environment focused on learning and achievement.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 13

    TOTAL REWARD

    PACKAGE
    (TRP)
    Student: Ghazi Albalushi
    Student ID: 201700481
    Class: 005
    INTRODUCTION

    ▹ What is Total Reward Package? 2

    ▹ Purpose of the TRP.

    ▹ Why it is important?
    THE
    KNOWLEDGE
    INSTITUTE
    Single branch, meduim
    sized company, 45
    employees.
    “
    •Aim: Offer the best educational
    experience to students by providing
    several programs by well trained and
    experienced educators.
    •Vision: Deliver the highest level of
    knowledge and understanding about
    the programs to our students and
    workers.
    •Mission: Teach students with the
    highest efficiency with a reasonable
    price and quality and flexible hours.

    4
    OUTCOMES OF THE TRP

    ▹ More engaged ▹ Motivate the


    employees with employees to
    the organization. learn more. 5

    ▹ Build the incentive ▹ To increase the


    for the employees. productivity level.
    ELEMENTS OF THE TRP

    ▹ Base pay ▹ Work ▹ Learning and


    ▹ Benefits Experience Development.
    ▹ Recognition, 6
    Achievemen
    t and Growth
    BASE PAY

     13.5 BD per day

     30 days of work (including weekend holidays)


    7

    Total of 405 BD per month.

    Indemnity leave.
    BENEFITS

     Payment for days Retirement plan:


    not worked, • 8% of monthly salary.
    including: 8
    • 32.400 BD a month.
    • weekend holidays
    • annual vacations
    • sick leaves
    • bereavement
    leaves.
    WORK EXPERIENCE

     Job  Discounts: Annual charity 9


    sharing/rotation. • 50% event.
    discount for
    employees.
    RECOGNITION,
    ACHIEVEMENT AND
    GROWTH

     Thank you  Performance Job advancement. 10


    emails. reviews and
    Employee of the future goals:
    year: • 1:1 meetings.
    •During the
    charity event.
    •Appreciation
    certificate.
    LEARNING AND
    DEVELOPMENT

     Sales management courses: 11

    • In cooperation with Tamkeen.

    • Effective communication in sales.

    • Sales techniques course.


    Summary
    Base salary
    Indemnity leave
    Transactional Retirement plan Total
    rewards Payment for day remuneration
    not worked

    Job
    sharing/rotation
    Total
    50% discount reward 12
    Performance package
    Relational review & future Non-financial
    rewards goals rewards
    Jab advancement
    Effective
    communication
    course
    Sales techniques
    course.
    THANKS!

    Any questions?
    13

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