A well designed compensation & benefits plan will benefit your organisation by the Job satisfaction as your employees would be happy with their jobs and would love to work for you if they get fair rewards in exchange of their services. they would associate themselves with firms which offer greater chances of promotion, learning and development.
Successful Compensation and benefits managers analyze data to determine the best pay and benefits plans for an organization. They may also monitor trends affecting pay and benefits and assess ways for their organization to improve practices or policies.
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 organisation achieve its strategic objectives. In all organisations,
The course will enable you to design compensation & benefits policies that motivate your employees while keeping their focus on the company’s strategic objectives.
By the end of Compensation and Benefits Management Course you will be able to :
Define what is Compensation and benefits? Explain the importance of Compensation and benefits to attract and retain the right talent
Understand the components of Compensation and benefits management
Strike the right balance between fixed and variable pay for each role/ job
Compensate fairly for the level of experience, technical expertise, competencies that individuals bring to the table
Develop skills to effectively design employee package to achieve win-win for both employer and the employees
Successfully manage to retain the best talent in the competitive marketion
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
Preparing a salary structure and other related policies
Understand the basic compensation survey process
This Compensation and Benefits Management Course is ideal for :
Payroll Specialists, Payroll Leaders and Managers, Recruitment and HR personnel, Independent HR experts, Independent Recruiters and consultants
HR staff who are responsible for the administration of benefits and reward
Compensation and Benefits specialists who are new to the area or are looking for a refresher course
More senior HR Staff who are interested in the strategic value of compensation and benefits
Line Managers and Senior Staff who are responsible for managing and motivating Staff – and need a better understanding of the impact of remuneration
Others who wish to understand about this important subject
Our courses in Istanbul take place at the following locations :
Once you register for this course, we will subsequently send the invoice and course information, including location, trainer, and other logistics.
Pay Attention, Please! The course location is subject to availability; the course time will be precise one week before the course start date! We may change the course location if there is no availability, and we will let you know about the location change once it happens.