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Compensation Management

Master the discipline of Compensation Management and refine your HR proficiencies with our comprehensive compensation and benefits course. Acquire insights into principles and types to manage employee rewards expediently.

4.64
average rating

Ratings

Beginner

Level

1.5 Hrs

Learning hours

13.8K+
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Enrol free with email

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Test your skills with quizzes

Compensation Management

1.5 Learning Hours . Beginner

Enrol free with email

Skills you will learn

Compensation Management
Remuneration and Benefits

About this course

Compensation management is the discipline for the establishment, formulation, and implementation of sound policies and practices of employee compensation. The actual meaning of compensation is to counter-balance. In human resource management, compensation is the remuneration given to an employee in exchange for their services or contributions to the company. It includes both traditional salary and non-cash incentives. In this course, you'll understand the importance, principles, and types of compensation in human resource management. You'll also understand the basics of executive compensation and the challenges of compensation management.

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Course Outline

Summary

This comprehensive module on Organizational Behaviour, covers the concept, importance, elements, levels, types, and objectives of the field. It provides a deep understanding of the subject to enhance interpersonal and communication skills and create a positive work environment.

Introduction To The Course
What is Compensation Management?
Objectives of Compensation Management
Principles of Compensation Management in HRM
Why is Compensation Management Important?
Types of Compensation in HR Management
What is a Compensation Plan?
Compensation Management Process
Challenges of Compensation Management
Executive Compensation

Earn a certificate of completion

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Get free course content

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Learn at your own pace

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Master in-demand skills & tools

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Test your skills with quizzes

Compensation Management

1.5 Learning Hours . Beginner

Enrol free with email
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Trusted by 10 Million+ Learners globally

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Learner reviews of the free Management course

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Reviewer Profile
Chandan Saha

5.0

★★★★ ★
Great Experience with Great Learning Academy
Very well-organized course material and instructor. Easy to understand and gather knowledge along with a certificate.
Reviewer Profile
Hafsa Basheer

5.0

★★★★ ★
Easy to Understand, Simply Delivered & Easy to Follow
The presentation on compensation management was exceptionally well-delivered and incredibly easy to grasp. The process from signing in to completing the course was seamless and user-friendly. The quiz feature was particularly impressive, allowing us to test our understanding and revisit concepts to correct any errors. Overall, the course was engaging and highly effective.
Reviewer Profile
Muhammad Ahmed Waleed

5.0

★★★★ ★
Great Instructor Made This Course Easy to Learn
It was very easy to learn because of the instructor. I enjoyed learning it.
Reviewer Profile
Pavan Kumar Amancha

5.0

★★★★ ★
Easy and Best Platform for Learning and Career Enhancement
The compensation management topic is very detailed, and anyone can understand it very easily. The instructor is very polite and always on point while discussing the subject.
Reviewer Profile
Somya Sakshi

5.0

★★★★ ★
Compensation Management - Loved the Course
The course was so good. Very short and crisp, and included all the important pointers.

Frequently Asked Questions

Will I receive a certificate upon completing this free course?

Yes, upon successful completion of the course and payment of the certificate fee, you will receive a completion certificate that you can add to your resume.

Is this course free?

Yes, you may enrol in the course and access the course content for free. However, if you wish to obtain a certificate upon completion, a non-refundable fee is applicable.

Will I get a certificate after completing this Compensation Management free course?

Yes, you will get a certificate of completion for Compensation Management after completing all the modules and cracking the assessment. The assessment tests your knowledge of the subject and badges your skills.

How much does this Compensation Management course cost?

It is an entirely free course from Great Learning Academy. Anyone interested in learning the basics of Compensation Management can get started with this course.

Is there any limit on how many times I can take this free course?

Once you enroll in the Compensation Management course, you have lifetime access to it. So, you can log in anytime and learn it for free online.

Can I sign up for multiple courses from Great Learning Academy at the same time?

Yes, you can enroll in as many courses as you want from Great Learning Academy. There is no limit to the number of courses you can enroll in at once, but since the courses offered by Great Learning Academy are free, we suggest you learn one by one to get the best out of the subject.

Why choose Great Learning Academy for this free Compensation Management course?

Great Learning Academy provides this Compensation Management course for free online. The course is self-paced and helps you understand various topics that fall under the subject with solved problems and demonstrated examples. The course is carefully designed, keeping in mind to cater to both beginners and professionals, and is delivered by subject experts. Great Learning is a global ed-tech platform dedicated to developing competent professionals. Great Learning Academy is an initiative by Great Learning that offers in-demand free online courses to help people advance in their jobs. More than 5 million learners from 140 countries have benefited from Great Learning Academy's free online courses with certificates. It is a one-stop place for all of a learner's goals.

What are the steps to enroll in this Compensation Management course?

Enrolling in any of the Great Learning Academy’s courses is just one step process. Sign-up for the course, you are interested in learning through your E-mail ID and start learning them for free online.

Will I have lifetime access to this free Compensation Management course?

Yes, once you enroll in the course, you will have lifetime access, where you can log in and learn whenever you want to. 

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