COMPENSATION BENEFIT ADMINISTRATION & REWARD MANAGEMENT TRAINING

Compensation Benefit Administration & Reward Management Training will use extensive case studies and the most recent research to illustrate reward techniques from an administrative, strategic, and human standpoint. Managing rewards is intimately related to an organisation’s performance, productivity, turnover, attitude, and general health. Compensation, money, perks, salary, and praise are all examples of rewards. Therefore, the reward is an essential and fundamental element of the fabric of every organisation, large or small, public or private.
What is referred to as a reward includes compensation, wages, perks, salary, and even praise. A reward is an essential and fundamental element of the fabric of every organisation, large or little, public or private.

For the course’s full details, click on Compensation Benefit Administration & Reward Management

JK Michaels institute also offers other products and courses, including APICS LOGISTICS AND SUPPLY CHAIN MANAGEMENT COURSE, CONTRACT MANAGEMENT, Symptoms and Cure of Poor Contract Management, APICS LOGISTICS AND SUPPLY CHAIN MANAGEMENT, COMPETITIVE INTELLIGENCE MASTER CLASS, and COMPETITIVE INTELLIGENCE TRAINING.

COURSE BENEFITS

Organizational Benefits.

• To inspire employees to increase productivity yield
• It keeps the workforce moving.
• maintain employee motivation to achieve more
• It enables the firm to reward its personnel based on their performance and help them excel in their endeavours.
• Employee motivation has increased.
• Increase Employee Loyalty.
• Productivity and profitability have increased.
• People Stay Because of Job Satisfaction.

Personal Benefits.

• maintain employee motivation to achieve more.
• performance and enables them to thrive in whatever endeavour they undertake.
• Employee motivation has increased.
• Increase Employee Loyalty.
• Productivity and profitability have increased.
• Job Contentment.

COMPENSATION BENEFIT ADMINISTRATION & REWARD MANAGEMENT TRAINING LEARNING OUTCOME

By the end of the course, participants should be able to:

• Explain how fundamental economic, psychological, and motivational ideas impact reward.
• Discuss the role of a company’s incentive schemes and policies.
• Help with the management of employee-reward rules and procedures.
• Distinguish the elements that affect employee satisfaction with the incentive scheme.
• Make a case for non-monetary incentives in attracting, keeping, and inspiring employees.
• Create an intelligent reward scheme.
• Explain how economic, psychological, and motivational ideas impact reward.
• Discuss the role of a company’s incentive schemes and policies.
• Assess the fairness and equality of their organisation

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