Certificate in Compensation & Reward Management

Why Attend?

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.

The course will touch on all areas of “fixed” compensation management, including grade structures, salary structures and payscales, allowances, and non-financial reward plans.

Benefits Of Attending

• Increase 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 HR strategy
• Implement a grading system with a basic salary structure and pay scheme, or update 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

Learning Objectives

1. Understand the importance of compensation and reward management: Students should recognize the significance of compensation and rewards in attracting, motivating, and retaining employees. They should grasp the impact of effective compensation strategies on organizational performance and employee engagement.

2. Comprehend grade structures and their role: Students should be able to explain the concept of grade structures and understand how they help establish internal equity within an organization. They should learn how to design and implement grade structures that align with job requirements, skills, and responsibilities.

Who Should Attend

This course is designed for everyone who requires an appreciation or an in-depth knowledge of pay strategy, pay benchmarking, designing payscales and compensation structures, and managing salaries of employees as part of a Total Reward framework. This includes anyone who needs to be involved in compensation and salary structures, including all employees in HR at all levels of VPs/Directors/Managers/Specialists/Analysts/Generalists

Course Information

Delegates can earn up to 24 CPEs

Course Methodology

You will be provided with the information you need to make changes to your grading and salary structure. You will have an opportunity to test various ideas and to establish what may work for you. You will also be given access to various tools and techniques, as well as information on the latest trends and developments both in the region and indeed globally. This course will involve working on practical case studies to gain detailed handson experience using the various tools and techniques that will be discussed throughout the course.

Delivered by Robert

Recognised globally as a leading expert in compensation, benefits, HR & performance management across industries & countries.

Certified by CPD UK

The CPD Certification Service is an independent accreditation centre working across all sectors, disciplines and further learning applications and supports policies of institutional and professional organisations globally.

Run this course in-house

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