Developing a Compensation and Benefits Package Certificate
Be-a.co.uk
Summary
- Exam(s) / assessment(s) is included in price
- Tutor is available to students
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Overview
There is a lot more to attracting high-quality applicants than simply putting out a compelling advert. Even a positive workplace culture may not be enough. To ensure that your company recruits and retains the very best in your industry, you need to put together a fair and comprehensive compensation and benefits package. Not only does offering this type of care to your employees make them feel more valued, studies show that it can boost productivity and reduce turnover.
This course provides you with important information about how to develop a compensation package and benefits plan, regardless of what type of workplace you run or manage. We begin by discussing the law and how it relates to the payment of staff members. The course then moves on to cover the details behind creating a compensation plan that is sure to attract the best applicants. Next, strategies for finding the best benefits package are discussed. Finally, we go into detail about when you should review your plans.
CPD
Description
- What constitutes “compensation” and what is classed as a “benefit”
- The types of compensation employers must pay according to the law
- How you can reward your top performing employees
- The types of benefits you can provide for your staff
- Why it is easier to manage some benefits on your own
- What to do if your recruitment process seems slower than usual
- Learning why you need a written contract and what it should contain
- Determining the best way to reward high-performing staff members
- Understanding why you need to define your corporate philosophy before setting your wages
- Learning the best way to find a benefits supplier that suits your needs
- Learning when is the best time to review your policies
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.