Compensation and Benefits

 

Course Overview

This course is designed to equip participants with essential tools and strategies in compensation and benefits that align with organizational values and support strategic objectives. You will learn how to effectively implement job evaluation, conduct pay surveys, and design competitive pay structures while understanding the importance of statutory and non-statutory benefits in positioning your organization among top employers.

1. Job Evaluation: Discover methodologies for assessing job roles and responsibilities, ensuring fair and equitable compensation across your organization.

2. Pay Surveys: Learn how to conduct and analyze pay surveys to benchmark your organization’s compensation against industry standards and competitors.

3. Pay Structure Design: Gain insights into creating and implementing effective pay structures that reflect your organization’s strategy and values.

4. Statutory Benefits: Understand the mandatory benefits required by law and how they impact your compensation strategy.

5. Non-Statutory Benefits: Explore innovative non-statutory benefits that can enhance employee satisfaction and retention, positioning your organization as an employer of choice.

 

Why Take This Course?

Strategic Alignment: Learn how to align compensation and benefits strategies with your organization’s mission and vision.
Competitive Edge: Acquire the knowledge to design compensation packages that attract and retain top talent in your industry.
Real-World Applications: Engage in practical exercises and case studies that allow you to apply your learning in real organizational contexts.

 

Cost

USD 240

Type of Certification

Certificate