Compensation & Benefit Administration and Reward Management

Compensation & Benefit Administration and Reward Management Training Course

Introduction

This exciting and innovative Human Resource Management training course ” Compensation, Benefit Administration and Reward Management ” will utilise detailed case studies and the latest research to explain reward strategies from an administrative, strategic and human perspective. Managing reward is directly linked to performance, productivity, turnover, attitude and the overall health of an organisation

Compensation, pay, benefits, salary and even praise make up what is called ‘reward’. Reward is an integral and vitally important part of the fabric of any organisation, from small to large and from government to private.

Some of the key features of this training course is that it:

Uniquely explores reward from an administrative, strategic and human perspective
Focuses on how to design compensation to suit the culture of the workplace
Covers the strategic impact of pay and motivation
Explores the effective management of the human resources
Provides a toolkit of useful practices that you can use after the course

Course Objectives

By the end of this training course, participants will be able to:

Describe the key economic, psychological and motivational concepts that influence reward
Discuss the role of reward strategies and policies in an organisation
Contribute to the administration of employee-reward policies and processes
Differentiate between the factors that influence employee satisfaction with the reward system
Defend the case for non-financial rewards in attracting, retaining and motivating people
Design a strategic reward plan

Approved Certificate from