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.
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
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:
- Group presentations
- Case studies
- Assignments & Tests