This course focuses on building a comprehensive compensation system, addressing various challenges in employee remuneration, such as motivation, retention, and salary discrepancies between new and veteran staff. The curriculum covers key modules like compensation strategy formulation, position value assessment, and salary structuring, ultimately aiming to enhance HR competencies and help businesses retain critical talent. Additionally, it tackles standards for employee promotions and the overall management of pay structures.
What you'll learn
diagnosis and salary survey techniques
formulating compensation strategies
conducting job value assessments
establishing salary grading
designing compensation structures
implementing management systems for employee compensation