Total Rewards Philosophy Development L4 Powered by SHRM (sf)

LO1: Understand Total Rewards Philosophy

LO2: Identify Trends from Industry Practices that Impact Total Rewards Design

LO3: Design, Implement and Administer a Total Rewards System

LO4: Evaluate and Refine a Total Rewards System

What You'll Learn

● Total Rewards

● Direct versus Indirect

● Trends in Compensation Approach

● Employment Laws

● Laws versus Policies

● Standards (legal) versus Best Practices

● Tying Compensation to Business Needs and Organizational Culture

● Compensation as a Part of Total Rewards

● Broad banding

● Issues with Pay Adjustments or Pay Administration Decisions

● Compliance Challenges