Total Compensation: Balance Wages, Benefits, And Perks

We will simplify the complexity of benefits and compensation. From an operational view, you will learn what benefits can deliver and how you can structure total compensation to maximize the use of resources and delight employees.

What You'll Learn

  • What are the components of total compensation?
  • What benefit structures are most attractive?
  • How can you use pay-for-performance?
  • What is the role of Human Resources in design, audit, and delivery?
  • What are the roles of managers and supervisors in communication?
  • How can you evaluate and improve the current state?
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INFORMATION
Training Overview

How do benefits and compensation interplay at your organization? Learn strategies to balance compensation components.

You need to ensure that staff members are engaged and committed to delivering excellent quality and results. To attract and retain outstanding employees, your benefits and compensation systems must be supportive, competitive, and appealing.

By understanding the interplay of benefits and compensation, you can structure and communicate plans that offer better employee outcomes without necessarily spending more.

  • What are the components of total compensation?
  • What benefit structures are most attractive?
  • How can you use pay-for-performance?
  • What is the role of Human Resources in design, audit, and delivery?
  • What are the roles of managers and supervisors in communication?
  • How can you evaluate and improve the current state?
Recommended Audience
Who Should Attend?
  • Human resources professionals
  • Compensation staff
  • Business owners
  • Owners
  • Boards
  • Managers
  • Supervisors
  • Leaders
  • Plant managers
  • Finance professionals
  • Operations managers
  • Employee relations staff
  • Senior management
  • Development staff
  • Payroll staff
APPROVAL AND VALIDITY
Credits
  • This program has been approved for 1.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 1.0 PDCs for the SHRM-CP or SHRM-SCP.
What's included
Training includes
  • 1.0 HRCI, 1.0 SHRM
  • Certificate of Attendance
  • All resources and training materials
About

Expert Presenter

Bob Verchota
  • Owner and senior consultant for RPVerchota & Associates, providing services to align businesses and employees through successful outcomes and excellent work environments
  • 30+ years in human resources senior leadership
  • 15 years in business operations
  • Taught undergraduate and graduate courses in leadership and organizational development
  • Lifetime Senior Professional in Human Resources
  • Undergraduate degree in business administration
  • Graduate degree in healthcare administration
  • Doctoral work (ABD) in organizational development