Compensation and Benefits in Labor Relations

Name: Compensation and Benefits in Labor Relations
Brand: Educa PHAROS
SKU: AFO02989S
Availability: InStock

Corporate

Digital Skills

Duration

10 a.m.

PRESENTATION

Rewards, benefits, and compensation There are ways to promote employees motivation and productivity, as they serve as incentives for the work employees do for their companies. In addition to yielding positive results for the organization, these rewards and compensation packages also offer social benefits and contribute to employee engagement within the company. For this reason, professionals who understand the most innovative motivation strategies are required. With the Course on Compensation and Benefits in Labor Relations, you will gain practical knowledge of the different compensation systems and compensation policies within organizations, as well as how Flexible Compensation Plans work.

Objectives

To learn how to design, implement, administer, manage, and evaluate various compensation systems and compensation components within a company.
To put the role of Compensation and Benefits.
To identify and define the different compensation components companies use to reward employee contributions.
To determine the key aspects for designing a Compensation Policy.
To understand the different components of salary structure.
To identify the main compensation indicators currently used to conduct compensation analyses and studies.

Syllabus

UNIT 1. COMPENSATION AND REWARDS The New Face of Compensation Definition of Compensation and Rewards: Compensation as a Comprehensive Model The Importance of the Human Resources Department UNIT 2. COMPENSATION POLICY Concept and objectives of compensation policies Elements of the compensation package The importance of the Collective Bargaining Agreement in compensation policies Benefits of compensation policies: Total rewards model UNIT 3. DESIGNING COMPENSATION POLICIES Key considerations in designing compensation and reward policies Job analysis and description within the organization Defining the salary structure UNIT 4. COMPENSATION POLICY MODELS Compensation policy selection models: Interest, utility, and satisfaction À la carte model Performance-based compensation UNIT 5. FLEXIBLE COMPENSATION Definition and functioning of flexible compensation Benefits and advantages of flexible compensation Difference between benefits in kind and flexible compensation Differences between employee benefits and flexible compensation Flexible compensation plan

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Are the Educa PHAROS courses eligible for credit?

Many courses can be credited toward the master's programs at Structuralia.

Facts about our area

+ 1.483

Hours

+88.999

Minutes

264

Courses

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Why is Educa PHAROS the best solution?

Educa PHAROS is a next-generation training model that places a company’s human capital at the forefront. Through a platform that adapts to each company’s corporate identity and offers a total of more than 900 courses, it provides tailored training for each organization. The unlimited flat-rate plan provides each company with the number of courses that best suits its needs, as well as the ability to determine which employees will have access.