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Compensation & Benefits

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Compensation & Benefits

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Compensation and Benefits encompasses the process of designing and managing market competitive compensation and benefits strategies and programmes

What is in this module

Guidelines on how to put in place a Compensation and Benefits system that is market competitive and operates fairly to result in a performance-driven culture. This includes base pay programmes, pay for performance and sales compensation programmes.

Category:

Description

Compensation and Benefits encompasses the process of designing and managing market competitive compensation and benefits strategies and programmes

What is in this module

Guidelines on how to put in place a Compensation and Benefits system that is market competitive and operates fairly to result in a performance-driven culture.

This includes base pay programmes, pay for performance and sales compensation programmes.

Benefits

A competitive Compensation and Benefits programme enables a company to attract, retain and motivate employees. It also encourages employee commitment, loyalty and improved productivity