Designing Compensation and Benefits System

Course Overview :

This training equips HR Managers, Line Managers, and Team Leads with the knowledge and tools needed to design and manage compensation and benefits systems that are fair, competitive, performance-driven, and aligned with organizational goals. The course bridges the gap between HR strategy and business outcomes by focusing on practical, data-driven approaches to pay structures, incentives, and employee benefits that motivate and retain talent.

Learning Objectives:

• Understand core concepts and principles of compensation and benefits.
• Design equitable and competitive salary structures.
• Link compensation strategies with performance and business goals.
• Select and manage benefits that support employee well-being and retention.
• Conduct job evaluation and pay benchmarking exercises.
• Guide and influence reward-related conversations within teams.

Training Content

DAY 1 – Introduction to Compensation & Benefits

Session 1: Strategic importance of C&B in talent management

Session 2: Components of total rewards (base pay, variable pay, benefits, recognition)

Session 3: Trends and challenges in modern reward systems

Session 4: Role of line managers and HR in managing rewards

DAY 2 – Job Evaluation & Pay Structure Design

Session 5: Understanding job analysis and job evaluation methods

Session 6: Creating internal equity through job grading

Session 7: Designing pay structures and salary bands

Session 8: Managing pay progression and salary reviews

DAY 3 – Pay-for-Performance Strategies

Session 9: Linking performance management to rewards

Session 10: Designing variable pay and incentive plans

Session11: Non-monetary rewards and recognition programs

Session 12: Aligning pay with KPIs, business outcomes, and behaviors.