Introduction to Total Rewards
Total Rewards encompass five components—compensation, well-being, benefits, development and recognition—that collectively define an organization's strategy to attract, motivate, retain and engage employees. The challenge of developing, maintaining, and managing benefits and compensation plans is a critical and costly function for any organization and represents key components of a Total Reward Program.
- Explain the Total Rewards Model (TRM)
- Describe the role of the TRM in an overall HR strategy
- Define each of the TRM components including compensation, well-being, benefits, development, and recognition
- Assess the work involved in developing a TRM for an organization including legal and regulatory compliance, policy and plan development, structure, and design, as well as communication and administration
For individuals pursuing their certificate, this course satisfies one out of the six course program requirements. For HR professionals seeking SHRM recertification, this course earns 24 professional development credits (PDCs).
QUESTIONS? WE'RE HERE TO HELP.
Anticipate 4-5 hours per week working through the 5-week program.
Discussion posts due on Mondays and all other deliverables due on Saturdays.
Begin your class on the Sunday following paid registration.