Workshops
Total Rewards Management
Course description
This Program equips participants with the essential skills to design and manage effective compensation systems. Trainees will gain a solid understanding of total rewards, pay determinants, and equity principles. They will learn how to conduct job analysis and evaluations, develop salary structures, and align internal and external equity through market benchmarking. The program also covers compa-ratio analysis and practical solutions for salary gaps, enabling participants to implement fair and performance-based compensation strategies.
What will you learn in this course?
1.Explain the Components of Total Rewards
2.Identify Key Factors Influencing Employee Compensation
3.Understand Compensation Strategies and Equity Concepts
4.Conduct Effective Job Analysis
5.Understand Salary Survey Terminology
6.Master Informal Salary Survey Techniques
7. Explore Job Evaluation Methods and the HAY System
8.Build a Salary Structure
9.Conduct Salary Gap Analysis