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