Certificate In Advanced Compensation & Benefits

Category: Certificate In Advanced Compensation & Benefits

Course Description

With many markets in the region gearing up for post-recession business growth, many employers are facing a challenge of aligning compensation and benefits practices with business strategies, and implementing advanced compensation techniques that improve the relationship between compensation, employee performance and business results. Potentially uncontrolled business growth poses a new set of risks and challenges that rewards professionals have to plan and prepare for to avoid the pitfalls of pre-recession practices.

All of this now requires many organisations to seek new and advanced ways to motivate and retain their top talent and best performers while maintaining control on compensation budgets. This requires new approaches for highly selective compensation practices to balance the short-term need to manage costs and meet growth objectives with the long-term imperative to retain key performers and grow potential talent.

The aim of this five-day advanced course is to enable delegates to get a better understanding of the latest advanced best practice approaches for performance-related-pay and retention plans. You will get practical guidance to implement your own plans, and achieve better business results through a more effective approach to designing pay-for-performance remuneration plans, including SIPs (Sales Incentive Plans). It will also give practical guidance to enable you to implement your own plans, and achieve better business results through a more effective approach to designing compensation plans.

Who Should Attend

This course is designed for everyone who requires an in-depth advanced knowledge of working with and managing salary structures and compensation and reward issues, including both HR generalists and Compensation And Benefits (C&B) specialists, and professionals who work in HR at all career levels.

Benefit of Attending

  1. Increase your business performance and employee effectiveness by implementing advanced compensation and reward systems that attract, retain and motivate staff
  2. Discover practical steps to implement advanced compensation techniques for market pay benchmarking, managing pay-for-performance and SIPs (Sales Incentive Plans)
  3. Develop solutions for your compensation and reward issues and challenges based on practical case studies and interactive course and clinic discussions
  4. Network with your fellow delegates and Course Director to discuss practical issues of compensation and reward management