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Employee Development and Reward Systems

Learn about the importance of reward plans with this free online employee development and reward system training course.

Publisher: NPTEL
This free online employee development and reward system training course provides a comprehensive guide on the role of performance management in employee development. Learn how to address performance management skills. You will also be introduced to team reward management as well as the key laws and regulations. By the end of this course, you will be better equipped for creating reward strategies. These are great skills, so get started, today!
Employee Development and Reward Systems
  • Duration

    3-4 Hours
  • Students

    340
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

Employee Development and Reward System' is a free online training course that begins by introducing you to the role of performance management in employee development. You will learn about some major learning opportunities. You will also become familiar with the importance and need for personal development planning. You will be able to explain the characteristics of a good coach. You will understand how to develop social and technical dialogues.

The course then explains the concept of reward management. You will gain an understanding of financial and non-financial rewards. You will learn about wages and the different components of compensation. Next, you will be introduced to small group incentive plans as well as its advantages and disadvantages. You will also be familiar with the three types of teams and different ways of rewarding employees and team members.

Furthermore, you will be introduced to the concept of total reward which reiterates the significance of considering all aspects of rewards. You will learn about the components of the Hay group engaged performance model. You will be able to explain strategic reward management. 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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