Overview
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Learn how to get compensation and benefits right. Learn about the strategic choices that employers make when developing a total rewards system through compensation and benefits.
Syllabus
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Introduction
- Welcome
- What is compensation?
- Competitive strategy and total compensation strategy
- The legal framework
- Internal alignment
- Organization-specific
- Job-based
- Person-based
- Pay level and the mix of pay forms
- How pay surveys drive compensation decisions
- What the evidence says
- The performance review process
- Incentive plans
- Executive compensation
- A strategic approach
- Legally required employee benefits
- Life and health insurance
- Retirement
- Time-off pay and employee services
- HR technology in compensation and benefits
- International compensation
- Budgeting and communication
- System components
- Next steps
