Courses
Total Rewards Management
Course description
Now a days competitive environment, top talent is costly and mobile. Therefore, to avoid the inevitable retention issues or price-wage inflation, organizations are faced with the need to review their compensation packages and take a broader ‘total reward’ strategic approach. The impact of Covid-19 across the world has changed the perception of pay and reward for employers and employees alike.
What will you learn in this course?
2: Create an effective process towards understanding the job
3: Conduct effective job evaluation process
4: Develop your strategy towards internal and external equity
5: Assess the gap size and take considerable actions
1: Develop an understanding on the total rewards package
Acquired skills
Job AnalysisJob EvaluationSalary SurveyGrading structureCompa-Ratio CalculationsMerit based increment