Certificate In Advanced Compensation & Benefits

Course details

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 both SIPs (Sales Incentive Plans) and LTIPs (Long-Term 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.