Rewards, benefits, and compensation are ways to promote employee motivation and productivity, as they serve as incentives for the work employees perform for their companies. Beyond providing positive outcomes for the organization, these rewards and compensations also offer social benefits and contribute to employee engagement within the company. For this reason, professionals who understand the most innovative motivation strategies are required. With the Course in Compensation and Benefits in Labor Relations, you will gain practical knowledge of the different compensation systems and compensation policies within organizations, as well as how Flexible Compensation Plans work.
Corporativo
10 h
Corporativo
Compensation and Benefits in Labour Relations
The Course in Compensation and Benefits in Labor Relations is aimed at Human Resources professionals who want to specialize in compensation, benefits, and rewards, as well as professionals from other fields who wish to expand their knowledge and orient their career toward the area of labor Compensation and Benefits.
10 h
Corporativo
Objetivos del curso
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To learn how to design, implement, administer, manage, and evaluate various compensation systems and compensation elements within a company.
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To contextualize the role of Compensation and Benefits.
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To identify and define the different compensation elements companies use to reward employee contributions.
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To determine the key aspects for designing a Compensation Policy.
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To understand the different components of salary structure.
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To identify the main compensation indicators currently used to conduct compensation analyses and studies.
¿Para qué te prepara?
Upon completing the course Compensation and Benefits in Labor Relations, you will be able to integrate the best compensation and rewards techniques within a company. You will learn to design, implement, administer, manage, and evaluate various compensation systems and reward elements, as well as understand the operation of Flexible Compensation Plans as a strategic tool that increases employees’ net monetary compensation.
Unidades didácticas
UNIT 1. COMPENSATION AND REWARDS
The new face of compensation
Definition of compensation and rewards: Compensation as a comprehensive model
The importance of the Human Resources Department
UNIT 2. COMPENSAITON POLICY
Concept and objectives of compensation policies
Elements of the compensation package
The importance of the Collective Bargaining Agreement in compensation policies
Benefits of compensation policies: Total rewards model
UNIT 3. DESIGNING COMPENSATION POLICIES
Key considerations in designing compensation and reward policies
Job analysis and description within the organization
Defining the salary structure
UNIT 4. COMPENSATION POLICY MODELS
Compensation policy selection models: Interest, utility, and satisfaction
À la carte model
Performance-based compensation
UNIT 5. FLEXIBLE COMPENSATION
Definition and functioning of flexible compensation
Benefits and advantages of flexible compensation
Difference between benefits in kind and flexible compensation
Differences between employee benefits and flexible compensation
Flexible compensation plan