Every organization’s road to success is achieved through combining products and/or services with staff that is engaged and committed to delivering great quality and results. To attract and retain those outstanding human resources, the people who make it work, the benefits and compensation systems must be supportive. Complexity abounds in both arenas, benefits, and compensation. Regulations and laws provide guidance to organizations on what and how those wages and benefits can be provided. The material covered is not a legal review, but instead an operational view from the ground level on what benefits can deliver and how compensation can be structured to give the best use of resources approach to Total Compensation.

As a basic primer on the topic, this is best for those who are interested in a broad understanding of how benefits and compensation are linked or should be for the benefit of the organization and employees.

Learning Objectives:-

• Total Compensation and the components
• Benefit structures
• Compensation and Pay for Performance Design
• Role of Human Resources in design, audit, and deliver
• Role of Managers and supervisors in Administration and communication
• Sample compensation philosophy and design
• Tools to assist in evaluating the current state
• Ideas on how the relationship with vendors can be managed
• Outline for carrying out the responsibilities associated with both areas.