Execution of Reward Systems
Learn about the approaches to developing reward systems with this free online reward execution system training course.
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Reward Execution Systems is a free online training course that begins by introducing you to the process of developing and implementing a new reward management system. You will learn about the challenges encountered while transforming from an older system to a newer one. You will be able to identify when a new reward management system is required. You will be familiar with the different stages of the development and implementation program.
The course then explains the components of a reward management system. You will gain an understanding of general pay reviews, individual reviews, ratings as well as the guidelines for conducting individual pay reviews. Next, you will learn about the importance of evaluating a reward management system and the need for reward effectiveness reviews. You will be able to explain the issue of conflict of interest in an organization.
Furthermore, you will get familiar with the process of setting boundaries between personal and professional lives. You will be able to explain performance appraisal as well as the ethical dilemmas of performance appraisals. You will learn about the concept of ethical systems. 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
Developing and Implementing Reward Systems
Developing and Implementing Reward Systems - Learning Outcomes
New Reward System
Stages of Development and Implementation Program
Components of Reward Management
Cost of Development and Implementation
Evaluating Reward Management
Developing and Implementing Reward Systems - Lesson Summary
Case Studies - Learning Outcomes
Conflict of Interest
Case Studies - Lesson Summary
By the end of this course, you will be able to:
- Discuss the process of developing and implementing a new reward management system
- Outline the challenges encountered by people while they transform from an older reward management system to a newer one
- Explain the various stages of development and implementation program
- Describe the costs of implementation and development of the reward system
- Identify the appropriate ways to handle misunderstandings professionally
- Define performance appraisals
- Explain the ethical dilemmas of performance appraisals
- Analyze the moral justifications for performance appraisal
- Discuss the case at Adobe Systems, the older performance review process as well as the check-in process
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