Reward and Benefits System Development

Smart employers know that keeping quality employees requires providing the right
compensation and benefits package Compensation includes wages, salaries, bonuses and commission structures Properly compensating employees shows you value them as workers and as human beings When people feel valued, they feel better about
coming in to work

About this Course

Smart employers know that keeping quality employees requires providing the right
compensation and benefits package Compensation includes wages, salaries, bonuses and commission structures Properly compensating employees shows you value them as workers and as human beings When people feel valued, they feel better about coming in to work
Overall company morale increases and people are motivated to come to work and do a good job Additionally, when employees know there are bonuses or commissions, they are increasingly motivated to deliver grander results Bonus and commission compensation plans become a focal point for success.

Reward and Benefits System Development training course will utilize detailed case studies and the latest research to explain reward strategies from an administrative,
strategic and human perspective Managing reward is directly linked to performance, productivity, turnover, attitude and the overall health of an organization Compensation, pay, benefits, salary and even praise make up what is called reward Reward is an integral and vitally important part of the fabric of any organization from small to large and from government to private

Upon completing this Course successfully, participants will be able to:

  • Describe the key economic, psychological and motivational concepts that influence reward
  • Discuss the role of reward strategies and policies in an organization
  • Contribute to the administration of employee
    reward policies and processes
  • Differentiate between the factors that influence employee satisfaction with the reward system
  • Defend the case for non financial rewards in attracting, retaining and motivating people
  • Design a strategic reward plan
Cropped development team discussing about structural systems of engineering at the meeting desk.

5850 USD

About this course:
Venues

London

Duration:

5 Days

Date

20th Oct 2024

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