Management Training

Compensation: How to Develop Effective Reward Programs

Duration: 1 Days (10 am to 5 pm with one hour lunch break)

Cost: $ 799 + GST

Course Outline

This course will give you a solid, fundamental understanding of the field of compensation and serve as a primary resource as you implement new programs or improve existing ones.

Learn how to:

• Determine and maintain pay levels that will attract, retain, and motivate
• Develop compensation policy guidelines that reflect the company's values and culture
• Meet the seven basic objectives when implementing an effective compensation plan
• Integrate performance, productivity and business results into the compensation process
• Adjust compensation plans to address a company's changing needs

Course Objective: Gain information and skills needed to implement new or improve existing compen sation programs.