Employee Reward Schemes
Learn about the approaches to rewarding special groups with this free online employee reward schemes training course.
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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
Rewarding Special Groups
Rewarding Special Groups - Learning Outcomes
Rewarding Directors and Executives
Schemes for Rewarding Executives
Rewarding Sales and Customer Service Staff
Rewarding Knowledge Workers
Rewarding Manual Workers
Rewarding Special Groups - Lesson Summary
Relevance of Employee Benefits
Relevance of Employee Benefits - Learning Outcomes
7th Pay Commission
New Pension System
Atal Pension Yojana
Relevance of Employee Benefits - Lesson Summary
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
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