HRS-0008 - HR Total Rewards

Overview

Sketches representing various types of employee benefits such as pay, vacation, and medical insurance on a desktop in front of a keyboard

The HR Total Rewards course comprehensively explores designing and implementing effective compensation and benefits strategies to attract, retain, and motivate employees. Total Rewards encompasses salary, bonuses, benefits, recognition programs, and non-monetary rewards like work-life balance initiatives. This course equips HR professionals with the tools to align reward systems with organizational goals, ensuring competitiveness in the labor market while maintaining financial sustainability. Participants will delve into total rewards components, including base pay, variable pay, health benefits, retirement plans, and employee wellness programs. Learners will analyze how organizations balance employee expectations with budgetary constraints through case studies, simulations, and real-world examples. The course covers market benchmarking, pay equity, and compliance with wage and hour laws, emphasizing the role of rewards in fostering employee engagement and organizational culture. Participants will explore emerging trends, such as flexible benefits, personalized rewards, and the impact of remote work on compensation strategies.

Who should attend?

Designed for HR professionals, managers, and business leaders, the course combines theoretical frameworks with practical applications, enabling learners to create reward systems that drive performance and satisfaction. Group projects and discussions will foster collaboration, while assessments will test the ability to design and evaluate reward programs. By the end, participants will be prepared to develop strategic total rewards plans that enhance employee value propositions and support business objectives in dynamic environments.

Learning Objectives

Upon successful completion of this course, learners will be able to:

Design a comprehensive total rewards program that aligns with organizational goals and employee needs.
Analyze market data to benchmark compensation and ensure competitive pay structures.
Evaluate the impact of non-monetary rewards on employee engagement and retention.
Apply legal and regulatory guidelines to ensure compliance in compensation and benefits administration.

Advisor

Our advisors are here to support you every step of the way – whether you have questions about courses, need guidance on your learning path, or simply want to explore your goals.