Course Details

Total Rewards

Webinar: ID# 1037329
Live on 6/25/2020 from 12:00pm till 1:30pm EST or via On-Demand
About This Course:
Total rewards are the programs, practices, and elements that collectively define an organization's strategy to attract, motivate, and retain employees.

These elements are commonly defined as compensation, benefits, performance/recognition, career development, and Work-Life balance.

This training session reviews the concept of total rewards, and explains the various types of rewards, both direct and indirect.

Learning Objectives

Upon completion of this course, you and/or your team will be familiar with:

  • Monetary and non-monetary rewards provided to attract, motivate, and retain employees
  • Rewards objectives
  • Cost-effective compensation for the organization
  • Internal, external, and individual equity
  • Creating an internally-consistent compensation plan while being market competitive
  • Building pay structures that recognize employee contributions
  • Understanding the role of employee benefits in the compensation package
  • Discussing executive compensation and the various incentives
  • Performance enhancement for the organization
  • Performance recognition and talent management
  • Compensation of the flexible workforce: contingent workers, contractors, temporaries, consultants and the legal implications to the company
  • The concept of pay for performance
  • The relationship between performance and merit pay
  • The impact of globalization on compensation and benefit systems, expatriate compensation, and global benefits
  • Legal compliance with all laws and regulations
Total Rewards
Live on 6/25/2020 from 12:00pm till 1:30pm EST or via On-Demand
Course Details
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