Compensation and Benefit Management

Course Description

By monitoring both cashable and non-cashable tangible benefits that are directly aligned to strategic investment, benefits management helps provides clear, objective evidence as to how the investment is performing. 

This course looks at the basic building blocks of effective compensation and benefits administration and then goes on to explore the strategic dimensions - how the whole process can add real value for money and help the organization achieve its strategic objectives. In all organizations, it is important that the administration and management of compensation and benefits are of the highest quality.

What Do Participants Learn?

• Develop A Clear Understanding Of Reward Philosophy And Strategy
• Demonstrate How The Component Parts Of Reward Strategy Fit Together
• Explore Issues Surrounding The Effective Management Of The Human Resource
• Describe Why Staff Are The Most Expensive Resource Of The Organisation
• Evaluate New Practices That Might Benefit Their Organization

Who Should Attend?

• HR Staff
• Compensation And Benefits Specialists 
• More Senior Hr Staff Who Are Interested In The Strategic Value Of Compensation And Benefits
• Line Managers And Senior Staff
• Others Who Wish To Understand About This Important Subject

What Will the Learning Experience Include?

Phase: 1

Introduce

• Comprehensive pre-program activities include:
• Web-based information forms & surveys completed by attendee.
• Direct consultation with the attendee about the expectations.

• During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
• Participants learn from expert trainers who have both academic and business experiences.
• Highly applicable training content & instructive activities for adding depth to training topics.
• **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.

Phase: 2

Explore & Practice

Phase: 3

Apply

• Apply & sustain the learning experience by using this ongoing support:
• To ensure participant has new skills or behavior progress.
• Optional, fee-based mentoring & coaching with the trainer.
• Training materials & additional documents (e-books, pdf files, presentations and articles)

• Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
• Participant's Evaluation
• Trainer's Evaluation

Phase: 4

EVALUATE