Five days course outline:
Day 1: Introduction to Compensation and Benefits Management
- What is compensation and benefits management and why is it important?
- The history and evolution of compensation and benefits management
- The main types and methods of compensation and benefits management
- The sources and types of compensation and benefits regulation and standards
- The role and impact of compensation and benefits on organizational performance and society
Day 2: Compensation and Benefits Strategy and Plan
- The role and importance of compensation and benefits strategy and plan
- The types and sources of compensation and benefits information and how to access and analyse it
- The process and techniques of compensation and benefits strategy and plan, such as stakeholder analysis, compensation philosophy, and benefits design
- The best practices and challenges of compensation and benefits strategy and plan
- The case studies of compensation and benefits strategy and plan, such as Google, Starbucks, and Netflix
Day 3: Compensation and Benefits Systems and Structures
- The role and importance of compensation and benefits systems and structures
- The types and features of compensation and benefits systems and structures, such as salary structures, pay grades, pay ranges, and pay bands
- The process and techniques of compensation and benefits systems and structures, such as job evaluation, pay surveys, and pay equity
- The best practices and challenges of compensation and benefits systems and structures
- The case studies of compensation and benefits systems and structures, such as Apple, Tesla, and Coca-Cola
Day 4: Compensation and Benefits Tools and Platforms
- The role and importance of tools and platforms for compensation and benefits management
- The types and features of tools and platforms for compensation and benefits management, such as Excel, SPSS, R, Python, Tableau, and Power BI
- The process and techniques of using and managing tools and platforms for compensation and benefits management
- The best practices and challenges of using and managing tools and platforms for compensation and benefits management
- The case studies of using and managing tools and platforms for compensation and benefits management, such as Amazon, Microsoft, and McDonald’s
Day 5: Compensation and Benefits Communication and Evaluation
- The role and importance of communication and evaluation for compensation and benefits management
- The types and modes of communication and evaluation for compensation and benefits management, such as reports, dashboards, infographics, and surveys
- The process and techniques of communication and evaluation for compensation and benefits management, such as communication plan, data analysis, and feedback loop
- The best practices and challenges of communication and evaluation for compensation and benefits management
- The case studies of communication and evaluation for compensation and benefits management, such as Facebook, ExxonMobil, and Procter & Gamble