Total Rewards: Modern Compensation & Benefits by Worldatwork

Job Grading | Incentive Design | ESOP | Salary Structure | Radford | Pay Equity | KornFerry | Mercer | AON | Bonus Plan
4.21 (84 reviews)
Udemy
platform
English
language
Human Resources
category
Total Rewards: Modern Compensation & Benefits by Worldatwork
6โ€ฏ934
students
8 hours
content
May 2025
last update
$29.99
regular price

Why take this course?

๐ŸŒŸ Master Total Rewards: Elevate Your HR Mastery with Cutting-Edge Compensation & Benefits Strategies! ๐ŸŒŸ


Course headline:

Learn advanced Total Rewards strategies to design competitive compensation systems and retain top talent effectively.


What youโ€™ll learn:

  • ๐Ÿ† Comprehensive Total Rewards System: Master the art of balancing compensation, benefits, work-life balance, performance management, and career development to ensure a holistic approach to employee rewards.
  • ๐ŸŽฏ Strategic Alignment: Develop Total Rewards strategies that seamlessly align with your business objectives and reinforce company culture.
  • ๐Ÿ’ฐ Compensation Design: Grasp the fundamentals of compensation structures, including market trends and pay equity.
  • ๐Ÿš‘ Benefits and Perks: Explore a variety of employee benefits, flexible benefit plans, and innovative work-life balance initiatives that can set your organization apart.
  • ๐Ÿš€ Performance-Based Rewards: Link remuneration to individual and organizational performance for a dynamic and responsive compensation model.
  • ๐Ÿ’ก Budgeting and Evaluation: Learn how to thoughtfully allocate resources for your Total Reward initiatives and how to measure their effectiveness over time.

Course Program:

This course is packed with 14 in-depth lessons, offering 50% more content than the previous version. Here's what you can expect:

  1. Introduction to Total Rewards: Dive into the components of Total Rewards and the critical role HR professionals play in this field.
  2. Developing a Total Rewards Strategy: Learn how to link reward strategies to business goals and align them with company culture.
  3. Designing Total Rewards Elements: Cover the processes for creating, implementing, and communicating effective reward elements within your organization.
  4. Compensation and Job Evaluation Basics: Understand the importance of job analysis, salary structures, and market alignment.
  5. Salary Market Reviews: Master conducting market comparisons using data-driven insights to support compensation decisions.
  6. Job Grading and Pay Structures: Establish a grading system and develop a base pay structure that's fair and competitive.
  7. Sales Compensation Fundamentals: Learn how to design reward systems tailored for sales teams, ensuring their efforts align with company objectives.
  8. Executive Compensation and Global Rewards: Explore approaches for rewarding top managers and managing reward systems across different geographical locations.
  9. Linking Pay to Performance: Integrate compensation with performance metrics like KPI, MBO, and OKR effectively.
  10. Cash Incentives Programs: Implement various incentive schemes including referral and retention incentives that motivate your employees.
  11. Benefits and Work-Life Balance: Strategically plan employee benefits and promote a healthy work-life balance within the organization.
  12. Total Rewards Budgeting: Learn how to budget for all aspects of Total Rewards, ensuring prudent financial management.
  13. Evaluating Total Rewards Effectiveness: Discover methods to assess and improve your Total Rewards programs.
  14. Certification and Real-World Application: Receive personalized feedback on hands-on assignments and join a community for networking and case discussions.

Who should enroll:

This course is ideal for:

  • HR Professionals: Deepen your expertise in employee reward systems to enhance organizational effectiveness.
  • Compensation and Benefits Specialists: Expand your knowledge base to incorporate comprehensive Total Rewards strategies.
  • Business Leaders and Managers: Understand and implement effective reward systems to drive employee performance and productivity.
  • HR Consultants: Offer advanced solutions in employee motivation and retention to deliver value to your clients.

Join the Total Rewards Revolution!

๐ŸŽ“ Enroll now to master cutting-edge compensation and benefits strategies. By understanding and applying Total Rewards principles, you'll be equipped to attract, motivate, and retain top talent in todayโ€™s competitive landscape. Donโ€™t miss this opportunity to elevate your HR expertise and contribute to the success of any organization! ๐Ÿš€


Enhance Your Expertise, Drive Organizational Success with Master Total Rewards Today!

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6353027
udemy ID
22/12/2024
course created date
26/12/2024
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