Compensation and Benefits Management

Human Resources

Course Info

Duration: 1 Week

City: London

Fees: 3,900

Type: In Classroom

Available Dates

  • Dec-06-2021

    London

  • Dec-27-2021

    London

  • Jan-03-2022

    London

  • Jan-24-2022

    London

  • Feb-07-2022

    London

  • Feb-21-2022

    London

  • Mar-07-2022

    London

  • Mar-28-2022

    London

  • Apr-04-2022

    London

  • Apr-25-2022

    London

  • May-09-2022

    London

  • May-30-2022

    London

  • June-06-2022

    London

  • June-27-2022

    London

  • July-04-2022

    London

  • July-25-2022

    London

  • Aug-08-2022

    London

  • Aug-29-2022

    London

  • Sep-05-2022

    London

  • Sep-26-2022

    London

  • Oct-10-2022

    London

  • Oct-24-2022

    London

  • Nov-07-2022

    London

  • Nov-21-2022

    London

  • Dec-05-2022

    London

  • Dec-26-2022

    London

Dates in Other Venues

  • Nov-29-2021

    Madrid

  • Nov-29-2021

    Istanbul

  • Dec-05-2021

    Dubai

  • Dec-06-2021

    Kuala Lumpur

  • Dec-06-2021

    Paris

  • Dec-06-2021

    Geneva

  • Dec-06-2021

    Amsterdam

  • Dec-06-2021

    Berlin

  • Dec-13-2021

    Istanbul

  • Dec-13-2021

    Madrid

  • Dec-19-2021

    Dubai

  • Dec-20-2021

    Paris

  • Dec-20-2021

    Kuala Lumpur

  • Dec-20-2021

    Geneva

  • Dec-20-2021

    Amsterdam

  • Dec-20-2021

    Berlin

  • Dec-26-2021

    Dubai

  • Dec-27-2021

    Madrid

  • Dec-27-2021

    Istanbul

  • Jan-03-2022

    Kuala Lumpur

  • Jan-09-2022

    Dubai

  • Jan-10-2022

    Istanbul

  • Jan-17-2022

    Paris

  • Jan-17-2022

    Geneva

  • Jan-17-2022

    Amsterdam

  • Jan-17-2022

    Berlin

  • Jan-24-2022

    Madrid

  • Jan-30-2022

    Dubai

  • Feb-06-2022

    Dubai

  • Feb-07-2022

    Kuala Lumpur

  • Feb-13-2022

    Dubai

  • Feb-14-2022

    Istanbul

  • Feb-21-2022

    Paris

  • Feb-21-2022

    Geneva

  • Feb-21-2022

    Amsterdam

  • Feb-21-2022

    Berlin

  • Feb-27-2022

    Dubai

  • Feb-28-2022

    Madrid

  • Mar-06-2022

    Dubai

  • Mar-07-2022

    Kuala Lumpur

  • Mar-13-2022

    Dubai

  • Mar-14-2022

    Istanbul

  • Mar-21-2022

    Paris

  • Mar-21-2022

    Geneva

  • Mar-21-2022

    Amsterdam

  • Mar-21-2022

    Berlin

  • Mar-27-2022

    Dubai

  • Mar-28-2022

    Madrid

  • Apr-03-2022

    Dubai

  • Apr-04-2022

    Kuala Lumpur

  • Apr-10-2022

    Dubai

  • Apr-11-2022

    Istanbul

  • Apr-18-2022

    Paris

  • Apr-18-2022

    Geneva

  • Apr-18-2022

    Amsterdam

  • Apr-18-2022

    Berlin

  • Apr-24-2022

    Dubai

  • Apr-25-2022

    Madrid

  • May-02-2022

    Istanbul

  • May-02-2022

    Amsterdam

  • May-08-2022

    Dubai

  • May-09-2022

    Kuala Lumpur

  • May-09-2022

    Paris

  • May-09-2022

    Madrid

  • May-09-2022

    Geneva

  • May-16-2022

    Berlin

  • May-29-2022

    Dubai

  • June-05-2022

    Dubai

  • June-06-2022

    Madrid

  • June-06-2022

    Berlin

  • June-12-2022

    Dubai

  • June-13-2022

    Istanbul

  • June-13-2022

    Amsterdam

  • June-20-2022

    Kuala Lumpur

  • June-20-2022

    Geneva

  • June-26-2022

    Dubai

  • June-27-2022

    Paris

  • July-04-2022

    Paris

  • July-10-2022

    Dubai

  • July-18-2022

    Istanbul

  • July-18-2022

    Amsterdam

  • July-25-2022

    Kuala Lumpur

  • July-25-2022

    Madrid

  • July-25-2022

    Geneva

  • July-25-2022

    Berlin

  • July-31-2022

    Dubai

  • Aug-07-2022

    Dubai

  • Aug-08-2022

    Kuala Lumpur

  • Aug-08-2022

    Geneva

  • Aug-14-2022

    Dubai

  • Aug-22-2022

    Paris

  • Aug-22-2022

    Madrid

  • Aug-22-2022

    Berlin

  • Aug-28-2022

    Dubai

  • Aug-29-2022

    Istanbul

  • Aug-29-2022

    Amsterdam

  • Sep-04-2022

    Dubai

  • Sep-05-2022

    Berlin

  • Sep-11-2022

    Dubai

  • Sep-12-2022

    Geneva

  • Sep-19-2022

    Istanbul

  • Sep-25-2022

    Dubai

  • Sep-26-2022

    Kuala Lumpur

  • Sep-26-2022

    Paris

  • Sep-26-2022

    Madrid

  • Sep-26-2022

    Amsterdam

  • Oct-02-2022

    Dubai

  • Oct-03-2022

    Kuala Lumpur

  • Oct-03-2022

    Istanbul

  • Oct-03-2022

    Geneva

  • Oct-03-2022

    Berlin

  • Oct-10-2022

    Paris

  • Oct-10-2022

    Madrid

  • Oct-10-2022

    Amsterdam

  • Oct-17-2022

    Kuala Lumpur

  • Oct-17-2022

    Istanbul

  • Oct-17-2022

    Geneva

  • Oct-23-2022

    Dubai

  • Oct-24-2022

    Paris

  • Oct-24-2022

    Madrid

  • Oct-24-2022

    Amsterdam

  • Oct-24-2022

    Berlin

  • Nov-07-2022

    Paris

  • Nov-07-2022

    Madrid

  • Nov-07-2022

    Amsterdam

  • Nov-07-2022

    Berlin

  • Nov-13-2022

    Dubai

  • Nov-14-2022

    Kuala Lumpur

  • Nov-14-2022

    Istanbul

  • Nov-14-2022

    Geneva

  • Nov-21-2022

    Paris

  • Nov-21-2022

    Madrid

  • Nov-21-2022

    Amsterdam

  • Nov-21-2022

    Berlin

  • Nov-27-2022

    Dubai

  • Nov-28-2022

    Kuala Lumpur

  • Nov-28-2022

    Istanbul

  • Nov-28-2022

    Geneva

  • Dec-04-2022

    Dubai

  • Dec-05-2022

    Kuala Lumpur

  • Dec-05-2022

    Istanbul

  • Dec-05-2022

    Amsterdam

  • Dec-12-2022

    Paris

  • Dec-12-2022

    Madrid

  • Dec-12-2022

    Geneva

  • Dec-12-2022

    Berlin

  • Dec-18-2022

    Dubai

  • Dec-26-2022

    Kuala Lumpur

  • Dec-26-2022

    Istanbul

  • Dec-26-2022

    Paris

  • Dec-26-2022

    Madrid

  • Dec-26-2022

    Geneva

  • Dec-26-2022

    Amsterdam

  • Dec-26-2022

    Berlin

Course Details

Course Outline

5 days course

 

Introduction to Compensation and Benefits Management

 

  • What is Compensation and benefits management?
  • Benefits of Compensation and benefits
  • Basic principles of Compensation and benefits management
  • Difference between compensation and benefits
  • Designing the compensation and benefits plan
  • Philosophy of reward
  • Pay structures and systems
  • Reward strategies and the psychological contract
  • Job grades and Career mapping
  • Job evaluation
  • Pay surveys

 

Compensation and Benefits - in Context
 
  • Motivation models, money and motivation
  • Performance management and performance related pay
  • Competency frameworks
  • Team rewards
  • Upward and 360 appraisals
  • Contingent pay
Compensation Structure
 
  • Understanding the different components of compensation policies
  • Understanding the components on which the pay levels get affected
  • How much should we pay for competence?
  • Understanding the basic pay scale
  • The grading scale and progression and spread

 

The International Perspective
 
  • International and multinational perspectives
  • The labour market and Human Resource planning
  • Equality and diversity
  • Job analysis
  • Dynamic organisations and change management strategies
  • The changing context and nature of the employment relationship

 

The methodology of Allowances and Benefits
 
  • Understanding the purpose of allowance
  • The different kinds of work allowance
  • Nature and non-nature of work allowance
  • Understanding the importance of benefits
  • Different categories of benefits

 

Employee Involvement
 
  • Employee engagement
  • Employee participation
  • Trades Unions and Employee Representatives
  • Consultation
  • Involvement in and support of change
  • Practical activities

 

Benefits and Compensation Surveys
 
  • Understanding the regional practises and effective management of benefits program and long – term benefits plan
  • Role of compensation surveys
  • Training on preparation of a compensation survey reports
  • Training on carrying out compensation surveys
  • Review of the course and “Question and Answer session”

 

Current Good Practice
 
  • Flexible benefits
  • National minimum wage
  • Commissions and sales staff
  • Profit sharing
  • Case study
  • Action planning

Course Video