In this course, you’ll explore the critical elements of developing a total rewards strategy, including creating a compensation framework and understanding benefits, pensions, and well-being programs. Each module offers practical strategies adaptable to any industry, with opportunities to apply your knowledge through assessments, ensuring a solid grasp of total rewards concepts.
Program Information
What you’ll learn studying Total rewards:
- Recognize the importance of creating and maintaining a total rewards strategy and the impact on an organization.
- Identify the connection between a total rewards strategy and an employee’s understanding of how they are compensated.
- Determine the key components of creating an effective compensation framework to set the parameters in which employees are compensated.
- Assess the various job evaluation methods and recognize the primary purpose of conducting job evaluations and job analyses in your organization.
- Explore relevant legislative considerations and implications in the world of total rewards.
- Evaluate various approaches for determining employee salaries and identify your organization’s ‘target market’.
- Analyze the advantages and disadvantages of performance pay and identify the most effective approaches to designing and implementing a performance pay program.
- Examine the core components of direct and indirect compensation and recognize how they should both connect back to the total rewards strategy.
TOTAL REWARDS for:
- Human Resources practitioners responsible for compensation, benefits, & wellbeing programs
- Entry-level compensation professionals interested in expanding their expertise
- Business owners interested in improving total rewards offerings
- Managers supporting employees with understanding total rewards
- Current employees from an organization with an interest in total rewards
Module 1:
- Total Rewards Strategy
Module 2:
- Compensation Framework
Module 3:
- Compensation Structure
Module 4:
- Benefits, Pension and Employee Well-Being
All necessary materials are included in course fees.
Prerequisites
- General computer and technology use abilities.
Technology Requirements
For in-person and online studies:
- Laptop: Minimum Windows 10 or equivalent operating system. Recommended 8GB of RAM and at least 16 GB of free hard disk space and Wi-Fi capabilities.
Online studies only:
- Access to reliable high-speed broadband internet access (Cable, DSL, LTE) with a minimum bandwidth of 15 Mbps is recommended.
- Laptop must include integrated webcam and microphone.
To successfully complete your program, you will complete all components of the program. Your progress will be continuously evaluated using a variety of formative and/or summative assessments to receive a final mark. Information about these assessment methods will be provided in the Learning Management System on the first day of the program.
Intake Details
A fully asynchronous online course does not require real-time communications. Asynchronous online courses do not have the required on-campus components, including assessments. The course will have a set start and finish date and set due dates for assignments and assessments.
Please see the registration page for specific section details.
| Course Detail | Course Info |
|---|---|
| Course Code | PCSL 9N569 |
| Date of Next Start | Closed |
| Price | $749 |
| OSAP Eligible | No |
| Delivery Mode(s) | ASY - Asynchronous Online |
| Duration | 8 weeks |
| Frequency | Weekly |
| Intake Details | Next and more intake info |
| Scheduled Class Time(s) | See registration |