Compensation and Benefits Management

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23 Feb

Compensation and Benefits Management

Compensation and Benefits Management

Monday, February 23, 2026 (12:00 AM) to Friday, February 27, 2026 (11:59 PM)
17 PDCs
Provider: London Premier Centre LPC
Course Name: Compensation and Benefits Management

Speaker: Dr Faisal Ur Rehman
Program Type: Instructor E-Learning
Registration URL: https://www.lpcentre.com/online/human-resources/compensation-and-benefits-management
Compensation and Benefits Management, London
Email Details

By the end of the Compensation and Benefits Management course, you will be able to: Recognize the role of compensation and benefits in attracting and retaining the right talent, and the importance of managing them to achieve organizational goals Use compensation and benefits as a tool to improve employee performance, productivity, and engagement Develop fair and equitable pay scales for each role/ job after conducting job evaluation, grading, and pay surveys Design and implement compensation and reward systems that combine employee expectations and the organization’s goals Manage different categories of benefits, including work allowance, flexible benefits, profile sharing, and commissions Understand international and legal considerations in compensation and benefits, such as labor market impact, equality, diversity, and minimum wages

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Day 1 Introduction to Compensation and Benefits Management Definition and significance of compensation and benefits management The principles of compensation and benefits management Determining the differences and interconnections between compensation and benefits Understanding the philosophy of reward and its importance Discussing employee involvement in compensation and benefits management Real-world examples of compensation and benefits plans Day 2 Performance and Motivation in Compensation Introduction to performance management and competency frameworks Identifying the features of performance-based and contingent pay Explaining the link between money and employee motivation Exploring different sorts of team rewards and appraisal techniques Strategies for balancing compensation and motivation Case studies highlighting the influence of performance appraisals on compensation Day 3 Compensation and Pay Structures Exploring compensation policies and reward systems components Comparing different types of grade and pay structures Techniques for job evaluation and grade boundary placement Discussing the uses of pay surveys and market data on compensation development Explaining the pay progression method within grades Exercises on developing compensation and pay structures Day 4 Benefits and Allowances Methodology Recognizing the purpose and significance of allowances and benefits Identifying typical forms of work allowance given to employees Exploring benefits categories and forms Discussing benefit/allowance estimates and tax implications Strategies for managing benefit programs and long-term benefit plans Best methods for managing flexible benefits, profit sharing, and commissions Day 5 The International and Legal Aspects of Compensation Understanding legal and international considerations for compensation and benefits Examining the labor market and HR planning influence over pay policy Defining the National Minimum Wage and its implications Understanding equity and diversity considerations in compensation management Course evaluation and lessons learned

Compensation and Benefits Management
Compensation and Benefits Management
14 Cambridge Court, 210 Shepherds Bush Road
London, 

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