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Course of Compensation, Benefits, and Rewards Management


Summary

The British Academy for Training and Development presents this training program titled "Compensation, Benefits, and Rewards Management", aimed at equipping HR professionals and decision-makers with the skills and tools required to design and manage integrated and equitable compensation systems. These systems support the strategic goals of the organization while enhancing employee satisfaction and retention.

In today's highly competitive labor market, salary and incentive systems are no longer mere administrative tools—they are strategic drivers that shape organizational culture, motivate performance, and attract talent. This program addresses the critical aspects of compensation and benefits policy design, and offers practical solutions for aligning rewards with organizational performance. It also explores the latest global trends and practices in this vital HR function.

Grounded in international standards and best practices, this program empowers participants to build transparent, effective, and motivating compensation systems that balance employee expectations with institutional needs.

Objectives and target group

Who Should Attend?

  • HR and personnel managers overseeing compensation and benefits policies.

  • Compensation and rewards specialists seeking to develop both technical and strategic skills.

  • Department managers involved in reward-related decisions.

  • Professionals and leaders aspiring to gain deep expertise in institutional reward systems.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

  • Gain a comprehensive understanding of compensation and benefits systems and their role in achieving organizational objectives.

  • Differentiate between various types of compensation and select the most appropriate for their organization's context.

  • Acquire skills in designing salary structures linked to job roles, levels, and performance.

  • Analyze internal and external salary data to ensure competitiveness and pay equity.

  • Develop integrated reward and benefits policies that enhance employee loyalty and retention.

Course Content

  • Introduction to Compensation and Benefits Systems
    • Core concepts of compensation and their importance in modern workplaces

    • Classification of benefits and compensation: fixed, variable, monetary, and non-monetary

    • The role of rewards in promoting performance culture and institutional excellence

  • Legal and Ethical Framework of Compensation
    • Legal standards for salary and benefits under local and international regulations

    • Ensuring pay equity and fairness across the organization

    • Addressing bias and ethical challenges in incentive delivery

  • Designing Salary and Compensation Structures
    • Job evaluation methods and linking to grades and pay bands

    • Key factors influencing base pay and allowances

    • Developing scalable and flexible salary grids suited to the organization’s nature

  • Salary Analysis and Market Benchmarking
    • Collecting and analyzing salary and benefits market data

    • Conducting benchmarking studies to determine market positioning

    • Making strategic compensation decisions based on market indicators and budget constraints

  • Managing Rewards and Incentives
    • Types of rewards: performance-based, annual, spot bonuses, and motivational rewards

    • Long-term vs. short-term incentives: when and why to use them

    • Cultural and social considerations in incentive program design

  • Linking Compensation with Performance
    • Building a performance-based incentive system linked to individual and organizational KPIs

    • Challenges in conducting fair and objective performance evaluations

    • Strategies to align rewards with business outcomes and strategic goals

  • Managing Employee Benefits
    • Overview of benefit types (insurance, retirement, flexibility, leave, etc.)

    • Designing attractive and balanced benefit packages for diverse employee groups

    • Balancing benefit costs with their perceived value to employees and the organization

  • Employee Retention Strategies
    • The role of compensation and benefits in reducing turnover

    • Building a culture of recognition and reward

    • Global case studies of effective reward systems that improved loyalty and performance

  • Developing an Effective Compensation and Benefits Policy
    • Steps to creating a clear and comprehensive compensation policy

    • Policy documentation and internal implementation procedures

    • Tools for regular evaluation and review to ensure effectiveness and relevance

  • Future Trends in Compensation Management
    • Shifting towards outcome-based and value-driven compensation

    • Leveraging digital technologies and AI in compensation planning

    • Personalizing benefits to meet employees’ needs and lifestyles

Course Date

2026-01-05

2026-04-06

2026-07-06

2026-10-05

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£4300 / Member

Members NO. : 2 - 3
£3440 / Member

Members NO. : + 3
£2666 / Member

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