The Compensation And Benefit Design Training Course

Derived from: BASHKER D. BISWAS'S COMPENSATION AND BENEFIT DESIGN Optimize Your Talent Management Techniques for Employee Retention and Engagement

The Compensation & Benefit Design Training Course Overview:

Discover the ultimate HR analytics course tailored for HR professionals. This Compensation & Benefit Design Training Course offers a deep dive into strategic HR management and planning, compensation training courses, and HR certification programs. Designed as the ultimate HR management course, this program also includes specialized topics like international tax planning, audit issues, and employee health programs.

 

Target Audience:

  • HR Managers
  • Compensation Analysts
  • Financial Advisors
  • Business Analysts

This course addresses gaps in HR analytics, compensation management, and international tax planning.

 

Targeted Organizational Departments:

  • Human Resources
  • Finance
  • Operations

The course offers insights into HR planning, cost classification, and internal control system accounting.

 

Targeted Industries:

  • Healthcare
  • Finance
  • Manufacturing

Given the critical nature of compensation and benefits in these industries, topics such as base salary vs basic salary and sales compensation plans are covered.

 

Course Offerings:

  • Understand HR analytics and innovations in workforce planning
  • Master cost-sensitive classification
  • Explore SaaS sales compensation models

 

Training Methodology:

The five-day course includes interactive sessions, case studies, and group work. We use HR analytics and metrics to drive understanding and practical application. With a balanced mix of theoretical HR foundation course content and real-world HR training course in Trivandrum examples, we ensure your learning is holistic and practical.

 

Course Toolbox:

  • Compensation and Benefits Training Workbook
  • International Tax Planning Checklist

 

Course Agenda:

Day 1: Introduction to Compensation and Benefits

  • Topic 1: Introduction to Compensation and Benefit Design
  • Topic 2: Role of Compensation in Talent Management
  • Topic 3: Understanding Basic Financial Terms
  • Topic 4: Business Strategy and Compensation Design
  • Topic 5: Case Study: Effective Compensation Strategy
  • Reflection & Review: Summarize key points and discuss takeaways

 

Day 2: Legal and Ethical Framework

  • Topic 1: Legal Requirements in Compensation
  • Topic 2: Ethical Considerations
  • Topic 3: Discrimination and Equal Pay
  • Topic 4: International Compensation Laws
  • Topic 5: Case Study: Avoiding Legal Pitfalls
  • Reflection & Review: Summarize key points and discuss implications

 

Day 3: Components of a Comprehensive Compensation Package

  • Topic 1: Base Salary and Hourly Wages
  • Topic 2: Short-term and Long-term Incentives
  • Topic 3: Benefits: Health, Retirement, etc.
  • Topic 4: Non-monetary Benefits
  • Topic 5: Case Study: Creating a Balanced Compensation Package
  • Reflection & Review: Summarize key points and discuss balance in compensation

 

Day 4: Implementing and Communicating Compensation Plans

  • Topic 1: Steps in Implementing Compensation Plans
  • Topic 2: Importance of Communication in Compensation
  • Topic 3: Technology Tools for Compensation Management
  • Topic 4: Addressing Employee Queries and Concerns
  • Topic 5: Case Study: Successful Compensation Plan Rollout
  • Reflection & Review: Summarize key points and discuss communication strategies

 

Day 5: Review and Future Trends

  • Topic 1: Review of Key Concepts
  • Topic 2: Current Trends in Compensation and Benefits
  • Topic 3: The Future of Remote Work and Its Impact on Compensation
  • Topic 4: Challenges in Compensation and Benefits
  • Topic 5: Case Study: Adapting to Future Trends
  • Reflection & Review: Summarize the course and discuss future learning objectives

 

How This Course is Different from Other Courses:

What sets this course apart is its comprehensive nature, merging HR management course objectives with financial and legal considerations. From the cash flow impact of payment terms formula to the nuances of international tax planning, this course has it all.

credits: 5 credit per day

Course Mode: full-time

Provider: Agile Leaders Training Center

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