Employee Reward Scheme Training Course | Alison
Loading

The New Alison App has just launched Download Now

Employee Reward Schemes

Learn about the approaches to rewarding special groups with this free online employee reward schemes training course.

Leadership and Management
Free Course
This free online course on employee reward schemes gives you some great insights into the concept of rewarding special groups including, senior executives, customer service staff, and manual workers. Learn about employee benefits, pension schemes, and the 7th pay commission in India. By the end of this course, you will be better equipped and ready to create effective reward systems for organizations. 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 Reward Schemes' is a free online training course that begins by introducing you to the significance of rewarding directors and executives. You will learn about the concept of executive pay levels as well as the factors affecting the level and nature of executive rewards. You will also be familiar with the elements of directors and senior executives' remuneration. You will be able to explain the concept and importance of corporate governance.

The course then explains the various approaches to rewarding sales representatives and customer service staff along with the merits and demerits of these methods. You will gain an understanding of what workers really do as well as some appropriate reward schemes for them. Next, you will learn about the 6th and 7th Pay Commission in India along with their differences.

Furthermore, you will get familiar with the post-retirement stages of an employee as well as the relationship of an employee with the organization after retirement. You will learn about retirement benefits and other important terms as provided by the Pensioners Portal, Government of India. You will be able to explain the related entities in the New Pension Scheme. 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.

Start Course Now

Learning Outcomes

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


  • Discuss the concept of corporate governance
  • Describe the elements of directors and senior executives' remuneration
  • Outline the various schemes for rewarding executives
  • Explain the various approaches of rewarding sales representatives, knowledge workers and customer service staff
  • Discuss the highlights of the recommendations of the 7th Pay Commission in India
  • Differentiate between the 6th and the 7th Pay Commission in India
  • Outline the stages after the retirement of an employee
  • Define the New Pension Scheme
  • Analyze the concept of the Atal Pension Yojana

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.

Careers

    Notification
    You have received a new notification
    Click here to view them all