Learn about the fundamental concepts of compensation, benefits, rewards and total rewards. Learn how to link your compensation philosophies and strategies to your organization goals and HR objectives. Learn about job evaluations and job pricing, and their significance in setting salaries and employee rewards. Learn about the key statistical methodologies used in compensation research and data analysis. Learn how to design appropriate and relevant total compensation plans and reward programs. Learn about the principles of evaluating performance and linking performance to effective rewards. Learn about market compensation and benefits benchmarking surveys, and how to use the market data results in determining your internal salary levels. Learn how to develop performance-based pay systems, and other variable pay programs. Learn how to design compensation structures and flexible pay plans based on tax laws and statutory compliances. Learn how to design effective reward communication programs for your business success.

• Create awareness for the Participants on one of the most progressive and powerful Talent Management Tools used today. • Develop the required skills that the Participants would require to design and implement Competency Framework and Mapping exercises independently. • Help the Participants to streamline the Recruitment & Selection, Performance Management, Learning & Development and Career & Succession Planning functions of their organization. • Identify the current and required Competency Levels of the Employees for their Jobs, do the gap analysis and work on their Developmental Plans in a structured manner. • Help the Participants learn what an Assessment Center is and how to design a successful Assessment Center independently on their own. • Use Assessment Centers as an effective decision support system (DSS) for Recruitment & Selection, Performance Management, Learning & Development and Career & Succession Planning processes in their own Organization. • Help to create an objective and integrated system for implementing and tracking Employee Performance, Employee Promotion, Employee Development and Employee Reward systems. • Use Assessment Centers to design an effective feedback system for Employees to identify and develop their critical areas of Competencies required for performing on their Job.

Learning Objectives • Create awareness for the Participants on one of the most progressive and powerful Talent Management Tools used today. • Develop the required skills that the Participants would require to design and implement Competency Framework and Mapping exercises independently. • Help the Participants to streamline the Recruitment & Selection, Performance Management, Learning & Development and Career & Succession Planning functions of their organization. • Identify the current and required Competency Levels of the Employees for their Jobs, do the gap analysis and work on their Developmental Plans in a structured manner. • Help the Participants learn what an Assessment Center is and how to design a successful Assessment Center independently on their own. • Use Assessment Centers as an effective decision support system (DSS) for Recruitment & Selection, Performance Management, Learning & Development and Career & Succession Planning processes in their own Organization. • Help to create an objective and integrated system for implementing and tracking Employee Performance, Employee Promotion, Employee Development and Employee Reward systems. • Use Assessment Centers to design an effective feedback system for Employees to identify and develop their critical areas of Competencies required for performing on their Job.

Learning Objective By the end of this program, participants will be able to design, implement, and sustain a strategic performance management system using the Balanced Scorecard (BSC). They will gain the knowledge and skills to: Set SMART goals and apply key performance management methods Understand and utilize the four perspectives of the BSC to drive alignment and strategic clarity Develop measurable performance objectives and create cause-effect linkages aligned with organizational strategy Integrate the BSC into daily operations by aligning teams, resources, and rewards Monitor performance, report results effectively, and adapt strategy using continuous feedback mechanisms This hands-on learning experience empowers professionals to transform their organization’s performance management practices and ensure long-term strategic success.