Compensation Management
Master the discipline of Compensation Management and refine your HR proficiencies with our comprehensive compensation and benefits course. Acquire insights into principles and types to manage employee rewards expediently.
4.64
Beginner
1.5 Hrs
13.7K+
Ratings
Level
Learning hours
Learners
Skills you’ll Learn
About this course
Compensation management is the discipline for the establishment, formulation, and implementation of sound policies and practices of employee compensation. The actual meaning of compensation is to counter-balance. In human resource management, compensation is the remuneration given to an employee in exchange for their services or contributions to the company. It includes both traditional salary and non-cash incentives. In this course, you'll understand the importance, principles, and types of compensation in human resource management. You'll also understand the basics of executive compensation and the challenges of compensation management.
Read More
Course Outline
Summary
This comprehensive module on Organizational Behaviour, covers the concept, importance, elements, levels, types, and objectives of the field. It provides a deep understanding of the subject to enhance interpersonal and communication skills and create a positive work environment.
Introduction To The Course
What is Compensation Management?
Objectives of Compensation Management
Principles of Compensation Management in HRM
Trusted by 1 Crore+ Learners globally
