Certificate in Compensation & Benefits

This event sets out the fundamentals of compensation and benefits and how to create an appropriate reward structure. Different types of pay systems and employee benefits are effectively evaluated to enable managers to implement an effective system that will support organisational and individual performance. The program is highly participative and interactive. Attendees will share experiences and knowledge through a blend of facilitated discussion, individual exercises, case studies and group activities, in a way that enables the direct transfer of their learning into the workplace.

The course aims to enable understudies to:

1. To be able to analyse and benchmark your organisations compensation and benefits structure

2. To establish appropriate wage and salary scales for the local and international market place

3. To make realistic salary adjustment schemes in accordance with the individual performance, and national as well as international macroeconomic and microeconomic factors

4. To understand the wider impact of compensation and benefits in employee engagement

5. To ensure alignment of compensation and benefits strategy with the long term corporate objectives