Developing a Compensation & Benefits Package Certification

Developing a Compensation and Benefits Package Certification

There is a lot more to attracting high-quality applicants than simply putting out a compelling advert. Even a positive workplace culture may not be enough. To ensure that your company recruits and retains the very best in your industry, you need to put together a fair and comprehensive compensation and benefits package. Not only does offering this type of care to your employees make them feel more valued, studies show that it can boost productivity and reduce turnover.

This course provides you with important information about how to develop a compensation package and benefits plan, regardless of what type of workplace you run or manage. We begin by discussing the law and how it relates to the payment of staff members. The course then moves on to cover the details behind creating a compensation plan that is sure to attract the best applicants. Next, strategies for finding the best benefits package are discussed. Finally, we go into detail about when you should review your plans.

You Will Learn:

• What constitutes ''compensation'' and what is classed as a ''benefit''
• The types of compensation employers must pay according to the law
• How you can reward your top performing employees
• The types of benefits you can provide for your staff
• Why it is easier to manage some benefits on your own
• What to do if your recruitment process seems slower than usual

Anyone can take up this course upon interest in anytime you want, anywhere you want, all you need is a smart phone/tablet/computer connected to the internet.

Upon completion, you will have a test with multiple choice questions and there is no limit on the number of attempts.

CPD

Benefits of Taking This Course:

• Learning why you need a written contract and what it should contain
• Determining the best way to reward high-performing staff members
• Understanding why you need to define your corporate philosophy before setting your wages
• Learning the best way to find a benefits supplier that suits your needs
• Learning when is the best time to review your policies

Course Duration - 1 hour and 15 minutes

Online Courses Learning is a provider of career essential courses. Simple understandable media content, concept oriented learning which helps develop career opportunities in the corporate World.

The learning experience has been designed from the ground up keeping your success in mind.

You can study at your own pace and from the comfort of your own home.