Training overview
Professional Course
2 days

Course description

Foundations of Compensation

Kick-start your journey into the world of compensation with this practical yet engaging learning experience. In this program, you will build knowledge in the fundamentals of compensation, including key legislation, designing and administering a compensation system, and communicating compensation plans to your organization. You will participate in application-based activities and discussions designed to increase your awareness and skill in such areas as incentive pay and compensation for critical business needs. You will walk away from this course with the foundational knowledge required for any new compensation practitioner.

*All Live Online sessions are recorded and available to watch for a full year after the program.

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Who should attend?

Individuals seeking an introduction to compensation structures and systems

Training content

Program Objectives

  • Identify laws that affect compensation
  • Understand how business strategy and compensation philosophy guide a total rewards program
  • Establish job value utilizing internal and external methods and develop pay structures
  • Administer and communicate compensation programs 
  • Understand and evaluate short-term and long-term incentive plans- Recognize the components of executive compensation

About SHRM

Society for Human Resource Management (SHRM)

The Society for Human Resource Management (SHRM) is the world’s largest HR professional society, representing 285,000 members in more than 165 countries. For nearly seven decades, the Society has been the leading provider of resources serving the needs of HR...


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Contact info

Society for Human Resource Management (SHRM)


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www.shrm.org


Reviews

Average rating 5

Based on 5 reviews.

Anonymous
This program was very valuable. However, I feel it would be more valuable to extend the course to a 2 month program to allow the speaker to overview each topic more in-depth. He is very knowledgeable, so it would have been great to hear more on each topic. At no fault of his own, there were times we would rush through topics to ensure we were at...
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Anonymous
Great program that all HR professionals should attend. Provides an excellent foundation to understand compensation and keep organizations out of legal implications.
Anonymous
Excellent educational programs to further your professional development in a flexible schedule
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