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Execution of Reward Systems

Learn about the approaches to developing reward systems with this free online reward execution system training course.

Publisher: NPTEL
This free online course on reward execution systems will give you great insight into the process of developing and implementing reward systems. Learn about situation-based cases that revolve around issues of performance and reward management. You will also discuss possible solutions to these issues. By the end of this course, you will be better equipped toward utilizing reward systems. These are great skills, so get started, today!
Execution of Reward Systems
  • Duration

    3-4 Hours
  • Students

    65
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

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.

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