Online Employee Benefits and Job Evaluation Training Course | Alison
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Employee Benefits and Job Evaluation

Learn about the concept of employee grading with this free online employee benefits and job evaluation training course.

Leadership and Management
Free Course
This free online employee benefits and job evaluation course provides in-depth knowledge of the different reward management techniques as well as the various kinds of rewards. Learn about employee benefits, individual incentive level plans, and the concept of valuing and grading jobs. By the end of this course, you will be equipped with the requisite skills for designing effective pay structures. These are great skills, so get started, today!
  • Duration

    3-4 Hours
  • Certification

    Yes
  • Mobile Friendly

    Yes
  • Publisher

    NPTEL
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

Employee Benefits and Job Evaluation is a free online training course that begins by introducing you to the economic theories that explain pay levels. You will learn about the components of compensation and bonus. You will also be familiar with the theories which guide performance management and pay theories along with the relationship between these concepts. You will also understand incentives as reinforcers for increasing performance.

The course then explains individual-level incentive plans, contingent plans and pay plans. You will gain an understanding of the different types of employee benefits that are given by the organization to the employees. Next, you will learn about the significance of flexible benefits and the different types of flexi-benefits. You will be able to explain some future trends to look out for with respect to employee benefits.

Furthermore, you will get familiar with the purpose of job evaluation, the formal and informal methods of job evaluation as well as some factors that affect pay levels in an organization. You will be able to explain grade structures, pay structures and the guiding principles for these concepts. This free online course will be of great interest to students, researchers, and anyone with an interest in organizational management. So, register for this course and start your next learning journey today. 

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Learning Outcomes

By the end of this course, you will be able to:


  • Outline the relationship between performance management and pay theories
  • Analyze the economic theories which explain pay levels
  • Describe some individual-level incentive plans along with their advantages and limitations
  • Explain the different types of fringe benefits
  • Differentiate between incentives, fringe benefits, and perquisites
  • Discuss some future trends to look out for with respect to employee benefits
  • Outline the meaning and schemes of job evaluation
  • Describe some factors that affect pay levels in an organization
  • Analyze the five major reasons identified by the National Institute of Economic and Social Research for explaining pay diversities

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certificates for completed Certificate courses:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.

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