HR Excellence: Performance Recognition and Reward
HR Excellence: Performance Recognition and Reward, available at $44.99, with 39 lectures, 4 quizzes, and has 1 subscribers.
You will learn about Examine how both internal and external factors of a business influence reward strategies and policy formulation. Assess the economic consequences of various reward strategies and their impact on a company’s financial performance. Explore the contribution of human resources practices to managerial decision-making in the context of reward systems. Distinguish between different reward and benefit types, linking them to both the needs of employees and the goals of the company. Outline the legal frameworks governing reward management and their effect on company policy. Design effective reward packages by integrating theoretical insights with practical application. Develop and execute reward policies by evaluating the company’s cultural environment and performance management systems. This course is ideal for individuals who are Those currently working in human resources who wish to deepen their understanding of advanced reward systems and their impact on organisational culture and performance. or Individuals in leadership positions who are responsible for motivating their teams and managing employee performance through effective reward strategies. or Entrepreneurs and owners of small to medium-sized businesses who want to develop reward systems that attract, motivate, and retain top talent. or Students or early-career professionals who are aiming to enter the field of human resources and need a solid foundation in one of its most fundamental aspects. or Those involved in planning and implementing HR policies who seek to improve their skills in aligning reward systems with organisational goals. It is particularly useful for Those currently working in human resources who wish to deepen their understanding of advanced reward systems and their impact on organisational culture and performance. or Individuals in leadership positions who are responsible for motivating their teams and managing employee performance through effective reward strategies. or Entrepreneurs and owners of small to medium-sized businesses who want to develop reward systems that attract, motivate, and retain top talent. or Students or early-career professionals who are aiming to enter the field of human resources and need a solid foundation in one of its most fundamental aspects. or Those involved in planning and implementing HR policies who seek to improve their skills in aligning reward systems with organisational goals.
Enroll now: HR Excellence: Performance Recognition and Reward
Summary
Title: HR Excellence: Performance Recognition and Reward
Price: $44.99
Number of Lectures: 39
Number of Quizzes: 4
Number of Published Lectures: 39
Number of Published Quizzes: 4
Number of Curriculum Items: 43
Number of Published Curriculum Objects: 43
Original Price: £49.99
Quality Status: approved
Status: Live
What You Will Learn
- Examine how both internal and external factors of a business influence reward strategies and policy formulation.
- Assess the economic consequences of various reward strategies and their impact on a company’s financial performance.
- Explore the contribution of human resources practices to managerial decision-making in the context of reward systems.
- Distinguish between different reward and benefit types, linking them to both the needs of employees and the goals of the company.
- Outline the legal frameworks governing reward management and their effect on company policy.
- Design effective reward packages by integrating theoretical insights with practical application.
- Develop and execute reward policies by evaluating the company’s cultural environment and performance management systems.
Who Should Attend
- Those currently working in human resources who wish to deepen their understanding of advanced reward systems and their impact on organisational culture and performance.
- Individuals in leadership positions who are responsible for motivating their teams and managing employee performance through effective reward strategies.
- Entrepreneurs and owners of small to medium-sized businesses who want to develop reward systems that attract, motivate, and retain top talent.
- Students or early-career professionals who are aiming to enter the field of human resources and need a solid foundation in one of its most fundamental aspects.
- Those involved in planning and implementing HR policies who seek to improve their skills in aligning reward systems with organisational goals.
Target Audiences
- Those currently working in human resources who wish to deepen their understanding of advanced reward systems and their impact on organisational culture and performance.
- Individuals in leadership positions who are responsible for motivating their teams and managing employee performance through effective reward strategies.
- Entrepreneurs and owners of small to medium-sized businesses who want to develop reward systems that attract, motivate, and retain top talent.
- Students or early-career professionals who are aiming to enter the field of human resources and need a solid foundation in one of its most fundamental aspects.
- Those involved in planning and implementing HR policies who seek to improve their skills in aligning reward systems with organisational goals.
Welcome to “HR Excellence: Performance Recognition and Reward,” a comprehensive course designed to equip you with the necessary skills and knowledge to create effective reward systems that enhance employee motivation and contribute to organisational success. This course explores the strategic interplay between business factors and reward policies, offering insights into how these can be aligned to drive performance and achieve business objectives.
Throughout the course, you will learn to evaluate the financial implications of different reward strategies and their impact on an organisation’s bottom line. You will explore various benefits and rewards, understanding how to link them effectively to employee needs and organisational goals. The course also covers essential legal considerations in reward management, ensuring you are well-versed in the regulatory framework influencing organisational policies.
By integrating theoretical knowledge with practical applications, this course enables you to plan and implement tailored reward policies that reflect an organisation’s culture and performance management systems. You will gain the skills to design reward packages that comply with legal standards and promote a motivated workforce.
This course is ideal for HR professionals, managers, business owners, and anyone interested in human resources. Whether you want to enhance your expertise or embark on a new career path, “HR Excellence: Performance Recognition and Reward” provides the tools and knowledge necessary to excel in this vital area of human resources. Join us to transform your approach to employee recognition and rewards, driving a culture of performance and success within your organisation.
Course Curriculum
Chapter 1: Understand Reward Principles
Lecture 1: The Total Reward Approach
Lecture 2: Intrinsic and Extrinsic Rewards
Lecture 3: Fairness, Consistency and Transparency
Lecture 4: Balancing Internal Fairness with External Market Reates
Lecture 5: Integrating Reward with Business Objectives
Lecture 6: Concept of "Good Work"
Lecture 7: Related Legislation and its Application
Lecture 8: Reward Strategies Supporting Organisational Culture and Values
Lecture 9: Recognising and Rewarding Performance
Lecture 10: Stimulating Performance by Rewarding for Value Created
Lecture 11: Impact of Reward Strategies on Retention and Turnover
Chapter 2: Reward Policies and Employee Benefits
Lecture 1: Understanding Key Policy Concepts
Lecture 2: Policy Implementation Mechanisms
Lecture 3: People, Organisational Performance and Reward Strategy Relationships
Lecture 4: Assessing the Effectiveness of Performance Management
Lecture 5: Diversity of Benefits Offered by Organisations
Lecture 6: Dynamics of Pay and Reward Systems
Lecture 7: Financial Implications of Benefits Provision
Lecture 8: Theoretical Foundations of Reward Systems
Lecture 9: Measuring Intrinsic and Extrinsic Rewards
Chapter 3: Benchmarking Data to Inform Reward Approaches
Lecture 1: Influence of Economic, Industrial and Sectoral Trends
Lecture 2: The Psychological Contract
Lecture 3: Wage Theory
Lecture 4: International Comparisons and Cultural Drivers in Reward Management
Lecture 5: Understanding Benchmarking Data Sources
Lecture 6: Applying Benchmarking Data
Lecture 7: Understanding and Applying Benchmarking in Reward Management
Lecture 8: Grade Drift
Lecture 9: Understanding Legislative Requirements Impacting Reward Practice
Lecture 10: Reporting Requirements and Transparency in Reward Practices
Chapter 4: Support Line Managers to Make Reward Decisions
Lecture 1: Purpose of Review Mechanisms
Lecture 2: 360-Degree Feedback
Lecture 3: Performance Management Approaches
Lecture 4: Foundations of Reward Guidance
Lecture 5: Motivation Using Intrinsic and Extrinsic Rewards
Lecture 6: Reward Insight Data
Lecture 7: Foundation of Reward Judgments
Lecture 8: Balancing Financial and Non-Financial Rewards
Lecture 9: Impact of Reward Decisions
Instructors
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Andrew Gilmour
Content Development Experts in HR, Marketing & Management
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Frequently Asked Questions
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