Compensation Management (Corporate Training)

Introduction

This three-day course focuses on the critical aspects of compensation management, including salary structuring, benefits administration, and reward strategies. It equips HR professionals with the skills to design and implement compensation systems that attract, motivate, and retain top talent while ensuring internal equity and market competitiveness.

Flexible Fee Scheme

The following fee scheme applies to online courses only. For in-person and virtual classrooms, please contact us

• Band A:Government projects and multinational companies pay the full fee.
• Band B:International NGOs and local companies get 25% discount using code: BANDB25
• Band C:Local NGOs, educational institutions and companies that have less than 50 employees get 40% discount using code: BANDC40
• Band D: Self sponsored knowledge seekers pay a nominal fee only and get 85% discount using code: BANDD85

Who's this course for

• HR Managers and Compensation Specialists
• Payroll Managers
• Rewards and Benefits Managers
• Compensation Consultants

Learning Objectives

• Develop a comprehensive understanding of compensation management principles.
• Learn how to design equitable and competitive salary structures.
• Explore the role of compensation in employee motivation and retention.
• Understand how to administer various types of employee benefits and rewards.
• Master the use of market data and benchmarking in compensation planning.
• Gain insights into legal and ethical considerations in compensation practices.

Outcome for the Course Sponsor

Sponsoring this course will provide HR teams with the ability to create more effective and competitive compensation packages, helping to attract and retain high-performing employees. This, in turn, enhances organizational competitiveness, improves employee satisfaction and loyalty, and ensures that compensation policies are aligned with both market standards and internal objectives, while mitigating risks of pay-related legal challenges.