Module: Basics of Compensation & Benefits (C&B)
Objective
The course enables the participants to acquire a basic understanding on Compensation & Benefits
Who can attend?
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Line managers
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Human Resource professionals
Basic Content
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What is Compensation?
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How is Compensation different from Salary?
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What are Benefits?
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What are Perquisites?
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Understanding the organization’s components of C & B structure
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Understanding the Salary bands of the organization and factors influencing them
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How compensation is linked to Performance Appraisal
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Factors influencing Compensation – External& Internal
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Contemporary issues in C & B
Training Days : One day (8 hours)
Methodology
The module will be a combination of theoretical and practical engagements as follows:
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Presentations
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Discussions
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Case study
Module Fees
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INR 20,000 per session (one day) exclusive of taxes + travel charges
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Payment by cheque