Introduction to Benefits and Compensation
Schedule: May 7 - June 25, 2020
Schedule: Online, Anytime
Developing, Maintaining, and Managing Plans
Total rewards encompasses six components — compensation, benefits, work-life effectiveness, recognition, performance management and talent development — that collectively define an organization's strategy to attract, motivate, retain and engage employees. The challenge of developing, maintaining, and managing benefits and compensation plans is a critical and costly function for any organization and represent key components of a Total Reward Program.
The objective of this course is to provide a basic understanding of compensation and benefit plans including strategy, key concepts, terminology, legal & regulatory compliance, policy and plan development, structure, & design, communication and administration.