Diploma: Human Resources, Compensation & Benefits Management
What you'll learn
- Fix payments, job analysis and evaluation
- Variable payments, Performance analysis
- Employees Recognition
- Compensation Structure
- Communications
Requirements
- For a better learning experience, we suggest you to use a laptop / mobile phone / pen and paper for taking notes, highlighting important points, and making summaries to reinforce your learning.
Description
Welcome to course: Diploma: Human Resources, Compensation & Benefits Management
Course provided by MTF Institute of Management, Technology and Finance
MTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas: Business & Administration, Science & Technology, Banking & Finance.
MTF R&D center focused on research activities at areas: Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.
MTF is the official partner of: IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry.
MTF is present in 208 countries and has been chosen by more than 520 000 students.
Course Author:
Yuliya Vershilo,
- 10 years as Head at Compensation & Benefits & general HR, GRP certified
- Developed and implemented large scale motivations platforms for different domains: IT, Corporate Banking, Retail Banking, Sales and Remote Channels / Contact Centers, Back Office at different banks, Including non-material motivation and EJM refactoring
- Developed and Implemented HR analytics frameworks
- Expert in HR market analysis and HR strategy developing and implementing
- Expert in HR automatization and digitalization
- Expert in budgeting and HR planning
- Expert in HR regulation
Human Resource Management | Saint Petersburg State University of Finance and Economics, 2005
Ph.D. in Economics| Saint Petersburg State University of Finance and Economics, 2009
International GRP Certification: Global Remuneration Professional |CBSD Thunderbird - World at Work, 2019
Grading Program | CBSD Thunderbird - World at Work, 2021
More than 20 years extensive experience in the field of HR management including:
Talent acquisition and selection.
Creating compelling Employee Value Propositions (EVPs),
Training and development,
Compensation and benefits
People analytics
Compensation & Benefits (C&B) Management refers to the design, implementation, administration, and review of an organization's employee compensation and benefits programs. This includes everything from determining salary structures and bonuses to managing health insurance plans, retirement contributions, and other perks.
The Importance of C&B Management Skills for Your Career
Attracting and Retaining Talent: A well-structured C&B program can make your company more attractive to potential employees and encourage current employees to stay. This is critical for the success of any organization.
Employee Motivation and Productivity: A fair and competitive compensation package, along with attractive benefits, can increase employee morale, job satisfaction, and ultimately productivity.
Legal Compliance: C&B professionals ensure that the organization's compensation practices comply with all relevant laws and regulations, avoiding costly legal disputes.
Cost Control: Effective C&B management involves balancing the need to attract and retain employees with the organization's financial constraints.
Career Advancement: Expertise in C&B can lead to leadership positions within human resources departments or consulting roles.
C&B Management Skills and Building Your Own Business
Attracting and Retaining Top Talent: When starting your own business, attracting and retaining high-quality employees is essential. Strong C&B skills can help you develop competitive packages that entice top performers.
Cost Management: A good understanding of C&B will help you effectively manage payroll and benefits costs, which are often significant expenses for small businesses.
Employee Morale and Productivity: By implementing fair and rewarding compensation and benefits programs, you can foster a positive work environment, boosting employee morale and productivity.
Competitive Advantage: Offering a unique and attractive C&B package can differentiate your business from competitors, helping you attract the best employees and gain a competitive edge.
In summary, Compensation & Benefits Management is a multifaceted discipline that plays a crucial role in any organization's success. Whether you're pursuing a career in HR or planning to launch your own business, developing skills in this area can significantly enhance your prospects and contribute to your long-term success.
Who this course is for:
- No special requirements. Course for any who want to build a career at business or improve their knowledge.
- Compensation & Benefits (C&B) Management refers to the design, implementation, administration, and review of an organization's employee compensation and benefits programs. This includes everything from determining salary structures and bonuses to managing health insurance plans, retirement contributions, and other perks.
- The Importance of C&B Management Skills for Your Career Attracting and Retaining Talent: A well-structured C&B program can make your company more attractive to potential employees and encourage current employees to stay. This is critical for the success of any organization. Employee Motivation and Productivity: A fair and competitive compensation package, along with attractive benefits, can increase employee morale, job satisfaction, and ultimately productivity. Legal Compliance: C&B professionals ensure that the organization's compensation practices comply with all relevant laws and regulations, avoiding costly legal disputes. Cost Control: Effective C&B management involves balancing the need to attract and retain employees with the organization's financial constraints. Career Advancement: Expertise in C&B can lead to leadership positions within human resources departments or consulting roles.
- C&B Management Skills and Building Your Own Business Attracting and Retaining Top Talent: When starting your own business, attracting and retaining high-quality employees is essential. Strong C&B skills can help you develop competitive packages that entice top performers. Cost Management: A good understanding of C&B will help you effectively manage payroll and benefits costs, which are often significant expenses for small businesses. Employee Morale and Productivity: By implementing fair and rewarding compensation and benefits programs, you can foster a positive work environment, boosting employee morale and productivity. Competitive Advantage: Offering a unique and attractive C&B package can differentiate your business from competitors, helping you attract the best employees and gain a competitive edge.
Instructor
MTF Institute of Management, Technology & Finance
MTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas: Business & Administration, Science & Technology, Banking & Finance.
MTF R&D center focused on research activities at areas: Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.
MTF is the official partner of: IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry.
MTF is present in 216 countries and has been chosen by more than 710 000 students.
The Institute of Management, Technology and Finance (MTF), an organisation dedicated to providing practical and cutting-edge education in the fields of business, technology, and finance. Our institute has a history that began in 2021 as The Retail Banking School, focused on addressing the practical and modern challenges of the retail banking industry, finance, and fintech. However, recognizing the evolving needs of the business world, we underwent a transformative redevelopment in 2023, becoming the Institute of Management, Technology and Finance. This redevelopment enabled us to expand our focus and cater to the growing demand for expertise in IT, technology areas, business, and entrepreneurship.
Our Motto: Scientia et Pratique. At MTF, we pride ourselves on our strong commitment to practical business knowledge. We understand that success in the modern professional landscape requires not only theoretical understanding but also the ability to apply that knowledge in real-world scenarios. Our curriculum is designed to empower our students with the necessary skills, tools, and mindset to excel in their chosen fields. Through hands-on projects, case studies, and experiential learning, we ensure that our students gain the practical expertise needed to thrive in today's dynamic business environment.
We believe in fostering the growth and development of our students on multiple levels. Beyond imparting technical knowledge, we place great emphasis on nurturing a growth mindset, enabling our students to embrace challenges, adapt to changes, and continuously evolve in their careers. We support the development of our students' skillset by providing access to state-of-the-art resources, cutting-edge technologies, and industry-relevant tools. By doing so, we prepare our students to become agile professionals capable of navigating the complexities of the business world.
At MTF, our mission is to provide valuable knowledge that supports the building of successful careers and businesses. We are dedicated to equipping our students with the skills, insights, and practical know-how they need to make a positive impact in their professional endeavors. We strive to foster a learning environment that promotes innovation, creativity, and ethical decision-making. Our values revolve around excellence, integrity, collaboration, and a student-centric approach. We are committed to empowering our students to become industry leaders and change-makers.
We understand that learning is a lifelong journey, and we recognize the importance of continuous professional development. The business landscape is ever-evolving, and staying ahead requires a commitment to learning and staying updated with the latest trends and advancements. As an institute, we are dedicated to being a provider of valuable knowledge and skills that can help professionals thrive in their respective industries. Through our rigorous curriculum, ongoing research, and partnerships with industry leaders, we strive to ensure that our students receive the highest quality education that prepares them for the challenges and opportunities of the future.
Join us at the Institute of Management, Technology and Finance and embark on a transformative educational journey. Discover your potential, unlock new opportunities, and become a catalyst for change in the dynamic world of business, technology, and finance.
MTF in numbers:
> 4 000 000 students of all programs
> 710 000 unique students
digital presence at 216 countries
our students speak at English & 68 other languages