Open Courses

Compensation Benefits and Industrial Relations

CB7

Introduction

This course will ensure delegates understand the key elements needed to set up a compensation and benefits programme or review the present one within your organisation. Delegates will have the opportunity to explore the most appropriate and effective forms of non-financial rewards and benefits and how to ensure that staff are motivated and managed.

Who should attend

This course is aimed at HR professionals, analysts, co-ordinators and specialists whose roles include industrial relations, compensation, benefits and reward systems within their organisation.

COURSE PROFILE

The Role of Compensation within the Organisation

  • Defining the role and purpose of compensation
  • The importance of perception Communicating the process, thinking and practical application of compensation
  • Understanding the purpose of benefits
  • Deciding what fits and different approaches to benefits packages
  • Linking the reward system to business strategy

Determining Competitive Pay and Benefit Practices

  • Keeping good employees - what will make them stay and stand out from the rest?
  • Intrinsic compensation - job characteristics
  • Extrinsic compensation - adjustments, legal requirements, discretionary benefits Market competitive pay systems
  • Salary structures - Bonus plans

The People Element

  • Developing and keeping positive employee relations
  • Attracting people from outside the organisation
  • Motivating internal employees and matching their expectations
  • Communicating decisions and changes effectively

Industrial Relations

  • The three 'schools of thought' - Pluralist, Unitarist and Radical
  • Management of conflict in industry
  • Collective bargaining
  • How industrial relations impact your business
  • Resolutions of industrial conflict
  • Positive employee relations
SKILLS

By the end of the course delegates will be able to:

  • Understand and manage the compensation and benefits packages
  • Manage the salary structure and retain competitive pay system
  • Link the company reward system to business strategy
  • Create pay and bonus plans
  • Manage industrial relations
  • Implement positive employee relations
COMPETENCIES
  • Communication
  • Compensation and Benefits
  • Industrial Relations
  • Motivating Staff
  • Talent Management
BOOKING

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