Certified in Compensation & Reward Management

Course Overview

This certificate aims to clarify the principles and concepts of compensation and reward management in organizations, including the role of human resources management in dealing with employees, and methods used to provide compensation. It also highlights the importance of maintaining the capable education qualification, the value of developing their skills, and the significance of providing the appropriate atmosphere for them. Several important topics will be addressed in the session such as: Compensation professionals’ goals within a human resource department. Ways to strengthen the payfor-performance link, Health insurance and other benefit programs etc.

Course Objectives

  • Understand the core concepts and processes of Compensation Management and context of Reward Management practices, and to choose effective and new channels to optimize the process
  • Understand different ways to establish pay structures and strengthen the pay-for-performance link
  • Learn the concepts of Payment and employee benefits’ issues for contingent workers
  • Apply the key concepts and components of HR analytics to present/define compensation proposals
  • Understand the impact of local legislations on Compensation and Benefits Policy of the organization

Course Methodology

  • Presentation Slides & Relevant Articles
  • Guided Group Discussions
  • Case studies/Scenarios and Legislations
  • Insightful Videos & Team Tasks

Target Audience

This course is designed for the professionals who work in any area of HR specially working in the fields of total rewards, compensation & benefits, payroll and human capital analytics.

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