Course Content
Why Should You Attend
This exciting course looks at the basic building blocks of effective compensation and benefits administration and then goes on to explore the strategic dimensions – how the whole process can add real ‘value for money’ and help the organisation achieve its strategic objectives. In all organisations, it is important that the administration and management of compensation and benefits is of the highest quality.
A pat on the back, word of appreciation is always good; however, the motivation for a person to get up and come to the business every day is the Monetary compensation. The assurance that the hard work is being paid for is particularly important. And it is the responsibility of the compensation and benefits management to ensure every employee is being rightly compensated.
Compensation management plays a vital role in any organisation. The team must ensure the salaries and the benefits provided to the employees are appropriate, competitive, and just. The monetary and non-monetary perks incorporated in the package must resonate with employees’ perception of fair pay.
Course Outcomes
At the end of the seminar, participants will be able to:
- Explain what compensation and benefits?
- Explain the importance of Compensation and benefits to attract and retain the right talent
- Understand the components of Compensation and benefits management
- Strike the right balance between fixed and variable pay for each role/ job
- Compensate fairly for the level of experience, technical expertise, and competencies that individuals bring to the table
- Successfully manage to retain the best talent in the competitive market
- Reward desired behaviour for present and future occurrence
- Assess and restrain any discrimination based on gender, diversity, region, and religion
- Effectively plan and flex benefits like dearness allowance, etc., considering the location and other factors
- Devise packages in compliance with legal regulations
- Keep surplus/ anticipate the exigencies that might occur or any contingencies
- Develop a clear understanding of reward philosophy and strategy
- Demonstrate how the component parts of the reward strategy fit together
- Explore issues surrounding the effective management of the human resource
- Describe why staff are the most expensive resource of the organisation
- Evaluate new practices that might benefit their organisation
Target Audience
This course will prove to be valuable and productive for all those who are interested in pay and reward, compensation, and benefits. Participants of all levels will gain valuable knowledge and skills.
This course is suitable for a wide range of professionals, but will greatly benefit:
- HR staff who are responsible for the administration of benefits and rewards
- Compensation and Benefits specialists who are new to the area or are looking for a refresher course
- More senior HR Staff who are interested in the strategic value of compensation and benefits
- Line Managers and Senior Staff who are responsible for managing and motivating Staff, and need a better understanding of the impact of remuneration
- Others who wish to understand this important subject
Venue & Dates
Venue: Johannesburg
Date: 22 – 25 June 2026
Course Fee
R15 999.00
