What You'll Learn

  • Understand the fundamentals of compensation
  • salary ranges
  • and market alignment
  • Develop effective bonus systems with ready-made formulas and criteria
  • Design and manage comprehensive employee benefits programs
  • Conduct compensation and benefits analyses to optimize HR strategies
  • Master job analysis techniques to evaluate compensation structures and bonus eligibility.
  • Implement job grading systems to align pay structures with market benchmarks.
  • Develop flexible benefits programs tailored to employee needs and organizational goals.
  • Optimize payroll budgeting strategies to ensure cost-effective compensation planning.
  • Analyze salary survey data to maintain competitive compensation and benefits offerings.
  • Apply key retention strategies through targeted bonuses and employee recognition programs.
  • Design compensation frameworks that align with business objectives and talent retention.
  • Utilize compensation analytics tools to track salary trends and benefits effectiveness.
  • Develop Cafeteria Plan models for flexible benefits customization.
  • Implement performance-based pay structures to drive productivity and engagement.

Requirements

  • No prior knowledge of compensation and benefits is needed; all concepts will be explained from the ground up.
  • Basic understanding of HR principles is beneficial but not mandatory.
  • Access to a computer or tablet for reviewing course materials and completing exercises.
  • Willingness to engage with real-world compensation and benefits case studies.
  • A curiosity to explore market-driven salary structures and employee benefits programs.

Description

Learn compensation & benefits (C&B) strategies to design competitive salary structures and benefits programs for employee retention.

Course Description:


Unlock the power of Compensation & Benefits (C&B) to attract, motivate, and retain top talent. In today’s competitive job market, well-structured compensation and benefits programs are key to employee satisfaction, engagement, and long-term retention. This course provides HR professionals with the essential skills to design competitive salary structures, implement benefits programs, and optimize reward systems aligned with business goals.


Whether you’re an HR specialist, compensation analyst, or business leader, this course will equip you with advanced compensation strategies, benefits administration techniques, and the latest C&B trends to enhance your company’s reward system.


What You Will Learn:

• Fundamentals of compensation and benefits (C&B) in HR

• How to design and implement effective salary structures

• Job evaluation methods for fair and competitive pay scales

• The role of market benchmarking in compensation strategy

• How to build and manage employee benefits programs

• Legal and compliance aspects of compensation & benefits

• C&B strategies for employee retention and engagement

• Performance-based compensation and incentive plans

• Advanced techniques for salary negotiations and pay equity


Full Course Program:


Class 1: Basics of Compensation – Modern Research & Salary Structures

• Understanding compensation in HR and talent management

• What companies pay employees for: salary, bonuses, and total rewards

• Fixed pay structures: base salary vs. variable pay

• The role of salary ranges in compensation management

• How companies navigate the market to ensure competitive compensation


Class 2: Job Analysis for Compensation & Bonus Development

• Why job analysis is crucial for compensation planning

• Key job analysis methods used in HR and compensation strategy

• Developing job descriptions to align with compensation frameworks

• Identifying key compensation factors for performance-based bonuses

• How job analysis impacts compensation benchmarking and salary scales


Class 3: Job Grading and Pay Structure Development

• The role of job grading in compensation management

• How to implement a grading system for salary structuring

• Ready-made job grading tools for HR and compensation specialists

• Linking job grades with market salary benchmarks and internal pay equity

• Best practices for maintaining pay structure consistency


Class 4: Designing a Company’s Bonus System for Employee Motivation

• Types of bonuses in compensation planning: performance, retention, referral

• Key factors for developing bonus structures in HR and rewards management

• How to design a results-driven corporate bonus program

• A ready-made formula for structuring and calculating staff bonuses

• Aligning bonus programs with business objectives and employee performance


Class 5: Building an Effective Employee Benefits System

• The role of benefits in total rewards and talent retention

• Comprehensive overview of all types of employee benefits

• Benefit budgeting strategies for HR and compensation professionals

• Flexible benefits (Cafeteria Plan) and how to implement them

• Analyzing employee benefits impact on engagement and productivity


Class 6: Salary Market Reviews, Payroll & Benefit Budgeting

• How companies participate in labor market salary reviews

• Identifying credible salary benchmarking providers

• Examples of salary benchmarking reports and provider data files

• How to interpret and utilize salary survey outcomes in compensation planning

• Payroll budgeting strategies to optimize compensation and benefits spending


Class 7: Compensation & Benefits Analysis – Conducting Effective Surveys

• How to analyze compensation and benefits for market competitiveness

• Conducting salary and benefits surveys for HR insights

• Key compensation surveys that help HR professionals make informed decisions

• Evaluating the effectiveness of compensation & benefits programs

• Data-driven decision-making for salary structure optimization


Class 8: Employee Recognition, Referral Bonuses & Additional Incentives

• The role of achievement recognition programs in employee engagement

• Structuring referral bonuses to encourage employee participation

• Job entry bonuses: when and how to offer them effectively

• Retention bonuses: securing top talent with strategic incentives

• Exploring other types of bonuses to enhance compensation strategies


Who Should Take This Course?

• HR professionals and compensation specialists looking to enhance their C&B expertise

• Business leaders and executives responsible for workforce planning and retention

• Talent acquisition and HR business partners involved in salary negotiations

• Payroll managers and benefits administrators managing compensation programs

• Anyone looking to build a strong foundation in compensation & benefits strategy


By the end of this course, you will have a comprehensive understanding of Compensation & Benefits (C&B) and be able to design competitive pay structures and benefits programs that attract and retain top talent.


Enroll now and take your HR expertise in Compensation & Benefits to the next level!

Who this course is for:

  • HR professionals looking to expand their expertise in compensation and benefits strategies.
  • Compensation and benefits specialists aiming to enhance their analytical and structuring skills.
  • HR managers responsible for designing and implementing salary structures and employee benefits programs.
  • Business leaders and executives who want to align compensation strategies with company goals.
  • Payroll and finance professionals seeking to understand market-based compensation models.
  • Recruiters interested in improving offer negotiation and competitive salary benchmarking.
Compensation and Benefits (C&B) in the Total Rewards System

Course Includes:

  • Price: FREE
  • Enrolled: 3893 students
  • Language: English
  • Certificate: Yes
  • Difficulty: Beginner
Coupon verified 08:17 AM (updated every 10 min)

Recommended Courses

Employee Engagement & Gallup Q12: Boost Team Performance
4.866667
(15 Rating)
FREE

Gallup Q12 | Motivation Drivers | HR Analytics | Workplace Culture | Manager Training | Employee Experience | Retention

Enrolled
Organizational Development: Transform Teams and Strategy OD
0
(0 Rating)
FREE

Organizational development | Change management | OD tools | HR strategy | Business transformation | HR consulting

Enrolled
Generalista de RRHH: Gestión Recursos Humanos Completa [ES]
4.179487
(39 Rating)
FREE
Category
Business, Human Resources
  • Spanish
  • 3840 Students
Generalista de RRHH: Gestión Recursos Humanos Completa [ES]
4.179487
(39 Rating)
FREE

Gestión de Talento | Selección de Personal | Desarrollo Organizacional | Capacitación | Evaluación de Desempeño | Nómina

Enrolled
Senior Recruiter and Talent Acquisition Specialist & Partner
4.535714
(14 Rating)
FREE

Recruiting | Hiring Strategy | Sourcing | Headhunting | Employer Branding | Candidate Experience | Networking | ATS

Enrolled
Hiring Developers: IT Sourcing and Recruitment in Tech 2025
4.78125
(32 Rating)
FREE

Github | Stackoverflow | HackerRank | Linkedin Recruiter | Boolean Search Strategy | X-ray | ATS | Talent Mapping

Enrolled
OKR: Objectives & Key Results (MBO, SMART, KPI, Goals) 2025
4.290323
(31 Rating)
FREE
Category
Business, Management, OKR
  • English
  • 3792 Students
OKR: Objectives & Key Results (MBO, SMART, KPI, Goals) 2025
4.290323
(31 Rating)
FREE

Performance Management | Business Strategy | Leadership | Alignment | Execution | Agile Planning | Drucker | Doerr | BSC

Enrolled
People Management: People Manager Qualification (SHRM PMQ)
4.590909
(33 Rating)
FREE
Category
Business, Management, Management Skills
  • English
  • 5511 Students
People Management: People Manager Qualification (SHRM PMQ)
4.590909
(33 Rating)
FREE

Leadership | Peter Drucker | Employee Engagement | Performance Review | HR | Team Development | Coaching | Motivation

Enrolled
HR Strategy in Strategic Human Resource Management | 2025
4.6585364
(41 Rating)
FREE

HR Audit, Plan & Roadmap | HRM Budget | Workforce Planning | Best Practices | Frameworks | Templates | Case Studies

Enrolled
COO: Dominez l’Opérationnel, Stratégie et Performance [FR]
4.3333335
(27 Rating)
FREE
Category
Business, Operations,
  • French
  • 2781 Students
COO: Dominez l’Opérationnel, Stratégie et Performance [FR]
4.3333335
(27 Rating)
FREE

Stratégie Opérationnelle | Automatisation des Processus | Culture d’Entreprise | Gestion Financière | Leadership | KPI

Enrolled

Previous Courses

SQL практикум для начинающих и продолжающих
4.892857
(42 Rating)
FREE

Спроектируем базу данных популярного мессенджера и научимся писать все виды запросов к ней (видео, тесты, SQL-задачи)

Enrolled
Batch Script Programming Crash Course (CMD)
4.3
(765 Rating)
FREE

Learn Batch Script Programming From Beginning To Advance With Batch File/Script Crash Course - Zero To Hero

Enrolled
Media Training for Beginners: Ace Your First News Interviews
4.43
(71 Rating)
FREE

How to prepare for media interviews, even if you are scared and have never been interviewed before in your life.

Enrolled
Media Training for Print/Online Interviews-Get Great Quotes
4.240741
(27 Rating)
FREE

How to talk to a reporter and get the exact messages and quotes you want in the final story

Enrolled
Media Training Public Speaking Training for Candidates
4.35
(297 Rating)
FREE

Media Training Public Speaking: political candidates can earn votes giving great campaign speeches and media interviews

Enrolled
Organizational Design through McKinsey's 7S Lenses
4.321429
(14 Rating)
FREE
Category
Business, Management, Organizational Design
  • English
  • 4322 Students
Organizational Design through McKinsey's 7S Lenses
4.321429
(14 Rating)
FREE

Up the Organization: Strategy, Structure, Systems, Style, Skills, Staff, Shared Values and Change Management

Enrolled
Generalista de RH: Torne-se um Especialista Versátil [PT]
4.5
(18 Rating)
FREE
Category
Negocios, Recursos humanos
  • Portuguese
  • 1123 Students
Generalista de RH: Torne-se um Especialista Versátil [PT]
4.5
(18 Rating)
FREE

Recursos Humanos | Gestão de Pessoas | Recrutamento | Treinamento | Benefícios | Legislação | Folha de Pagamento | DP

Enrolled
Interview Skills for Hiring Managers: Hire with Confidence
4.575
(20 Rating)
FREE

Structured Hiring | STAR Method | Behavioral Interviewing | Talent Selection | Interview Techniques | Candidate

Enrolled

Total Number of 100% Off coupon added

Till Date We have added Total 1122 Free Coupon. Total Live Coupon: 1036

Confused which course 100% Off coupon is live? Click Here

For More Updates Join Our Telegram Channel.