Compensation & Benefits - APG Learning
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compensation & benefits

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Compesition and Benefits

Compensation & Benefits

Compensation and benefits (abbreviated “C&B”) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. While compensation and benefits are tangible, there are intangible rewards such as recognition, work-life and development. Combined, these are referred to as…

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Course Detail

Duration

2 Days

Modules

Hours

Start Date

Course Provider:

APG Learning

4,237.00 6,000.00

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About Course

Compensation and benefits (abbreviated “C&B”) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. While compensation and benefits are tangible, there are intangible rewards such as recognition, work-life and development. Combined, these are referred to as total rewards. The term "compensation and benefits" refers to the discipline as well as the rewards themselves. This type of program outlines an equitable process for compensating employees. A well-structured program with a good balance of wages, benefits and rewards will support an organization to remain competitive in today's labor market and ensure sustainability in the future.  

Modules

  • Expectations & Workshop Objectives
  • Overview Of Workshop
  • Introduction to Compensation Management
  • The significance of Economic Theories and Compensation Management
  • Theory of Compensation Management and job design
  • Performance related compensation
  • Handling Negotiation in Compensation
  • Attrition and Compensation Management
  • How to Manage Executive Compensation
  • Designing Sales Compensation Plans
  • Understanding Strategic Compensation Plan
  • Quantitative tools and Innovation In Compensation
  • International Compensation Management

Learning Outcomes

Learning Objectives of the work shop:

  • Learn the significance of designing different kinds of Compensation & Benefits
  • Managing different Compensation Plans
  • Understanding International Compensation Management

Benefits

The Purpose Of Compensation In An Organization:

  • Attract & retain employees
  • Motivate workforce & sustain high morale
  • Meet legal requirements
  • Motivate personal growth

What are the responsibilities of someone in compensation, benefits and rewards?

Basically, people who work in compensation and benefits are responsible for devising policies for an organization’s salary, bonus and incentive schemes. These might include:

  • Salaries
  • Bonuses
  • Commission
  • Company cars
  • Pensions
  • Life assurance
  • Profit sharing
  • Dental plans
  • Medical insurance
  • Vouchers

 

Capital bonds reward schemes.They are then in charge of administering, managing and evaluating the payroll, salary structures, and incentive schemes. Basically, they make sure that the right people get the right amount of money, at the right time.

Who Should Attend

Students, working professionals, HRs, Trainers, Managers, CEO’s, MD’s, etc.

For details

Call: 9130070133

Email: contact@apglearning.in

Visit: www.apglearning.in

Certificate

Certificate providers: APG Learning

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