Course details
Day 1: The Role of Compensation within the Organisation
- Defining the role and purpose of compensation
- The importance of perception Communicating the process, thinking and practical application of compensation
- Understanding the purpose of benefits
- Deciding what fits and different approaches to benefits packages
- Linking the reward system to business strategy
Day 2: Determining Competitive Pay and Benefit Practices
- Keeping good employees - what will make them stay and stand out from the rest?
- Intrinsic compensation - job characteristics
- Extrinsic compensation - adjustments, legal requirements, discretionary benefits Market competitive pay systems
- Salary structures - Bonus plans
Day3: The People Element
- Developing and keeping positive employee relations
- Attracting people from outside the organisation
- Motivating internal employees and matching their expectations
- Communicating decisions and changes effectively
- Case study
Day 4: Essential skills every compensation manager needs
- Resourcefulness
- Communication
- Negotiation
- Analytical
- Delegator
- Business-wise
- Expertise
- Technical
- Organizer
- Equalizer
Day 5: Industrial Relations
- The three 'schools of thought' - Pluralist, Unitarist and Radical
- Management of conflict in industry
- Collective bargaining
- How industrial relations impact your business
- Resolutions of industrial conflict
- Positive employee relations
Updated on 13 December, 2022
Job roles this course is suitable for:
Industry Principal , Retail and Manufacturing , Industry Principal , Retail and ManufacturingCourse Location
About International Cooperative for New Pedagogy Training & Consulting (CINPAA)
"CINPAA" is a European institution located in Madrid, Spain, specialized in the fields of training, education, and the new pedagogy. Its programs are carried out in various countries starting from the European Union.
Our permanent headquarter is in Madrid, and it has representative offices in Britain and USA, and Other countries .
CINPAA operates worldwide, and it is run by a multinational crew with experience accumulated over more than 20 years.
CINPAA offers programs and services to governmental, non governmental, private, Academic, and educational institutions according to the offered and requested programs, needs, and services.
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