Remuneration Strategy for HR Management(RSHM)
The remuneration strategy differentiates the organization on the job market and builds the attractiveness of the company for the top talents. They love to be hired by the attractive organization; they do not like to be hired by the average company offering the same conditions as any other average organization in the industry.
Establishing a remuneration strategy can also be important in promoting and rewarding those behaviors that the organization sees as critical for success.
Learning Objectives:
- Define remuneration strategy
- Importance of alignment in compensation
- Explore the importance of equity and fairness in compensation
- Explain the importance of performance management
- Explore the objectives of compensation
- Explain the ways of organizational commitment
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This module is specially designed for every individual who needs to understand Remuneration Strategy for Human Resources management and achieving implications of their day-to-day decisions and the impact they have on their life when working with other employees.
The module shall be delivered by way of:
- Lectures
- Demonstrations
- Video
- Group presentations
- Case studies
- Assignments & Tests
Each training group will have their training resources tailor made to meet their specific training requirements. The delivery method will be adjusted accordingly.
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