Certificate In Compensation & Reward Management

Category: Certificate In Compensation & Reward Management

Course Description

Fundamental components of compensation and reward management and HR involve working with grade and basics salary structures. These are often taken for granted. Rather than make changes, HR and reward professionals try to fit the ever changing needs of their employees into a system that may not have been reviewed for many years.

Our compensation and benefits courses will touch on all areas of compensation and reward management. This includes grading structures, salary structures and payscales, allowances, pay reviews, bonus and incentive schemes, benefits and non-financial reward opportunities such as recognition and retention schemes. Our reward management courses will provide delegates with the information and guidance to ensure their salary and grading structure meets business needs, while allowing the company to attract and retain employees in an increasingly competitive market.

  • Determine the purpose of warehouse management systems and a description of their costs and benefits.
  • Discuss the build-versus-buy choice is discussed.
  • Define the organizational impact and describe the short and long-term effect.
  • Understand how to buy a WMS, the project team that must be assembled, the marketplace for commercial systems.
  • List the types of systems available and how to go about choosing among them, the creation of a Request for Proposal and the evaluation of responses.
  • Apply a methodology for justifying/funding a system for installation, as well as an ongoing operation and maintenance.

Who Should Attend

This compensation and benefits management course is designed for all everyone who requires an in-depth knowledge of working with, and managing, salary structures and reward issues. This includes all professionals who work in human resources at all career levels and all specialists who work in compensation and benefits.

Benefit of Attending

  • Increase your business performance and employee effectiveness by implementing compensation and reward systems that attract, retain and motivate staff
  • Align your basic salary structures and grades, and compensation and reward systems to your business objectives and human resources strategy
  • Discover practical steps for implementing a grading system with a basic salary structure and pay scheme, or for updating your existing compensation structures
  • Develop solutions for your own compensation and reward issues and challenges based on practical case studies, and interactive course and clinic discussions
  • Network with your fellow course delegates and course tutor to discuss practical issues that will help you in your workplace