Performance Management and Compensation Management in HRM

Performance Management and Compensation Management in HRM, available at $54.99, has an average rating of 3.85, with 93 lectures, based on 435 reviews, and has 8725 subscribers.

You will learn about Role of HR professional in Performance management Role of HR professional in Compensation Management Performance Management System Performance Management Process Methods of Performance Appraisal 360 Degree Feedback Potential Appraisal Performance Management Implementation Architecture of Compensation Management Designing Compensation Wages and salaries administration Performance reward Incentives and Fringe Benefits Stock Based Compensation International Payment System This course is ideal for individuals who are HR Professionals or HR Managers or Any Postgraduate Pursing MBA HR or Training Manager or Payroll Manager or Talent Acquisition Manager (or Recruiting Manager) or Benefits Manager or Compensation Manager or Sourcing Manager or HR Project Manager or HRIS Manager or Strategic Sourcing Manager or HR Analyst or Recruiter or HR Coordinator or HR Business Partner or HR Consultant or Managers It is particularly useful for HR Professionals or HR Managers or Any Postgraduate Pursing MBA HR or Training Manager or Payroll Manager or Talent Acquisition Manager (or Recruiting Manager) or Benefits Manager or Compensation Manager or Sourcing Manager or HR Project Manager or HRIS Manager or Strategic Sourcing Manager or HR Analyst or Recruiter or HR Coordinator or HR Business Partner or HR Consultant or Managers.

Enroll now: Performance Management and Compensation Management in HRM

Summary

Title: Performance Management and Compensation Management in HRM

Price: $54.99

Average Rating: 3.85

Number of Lectures: 93

Number of Published Lectures: 93

Number of Curriculum Items: 93

Number of Published Curriculum Objects: 93

Original Price: ₹999

Quality Status: approved

Status: Live

What You Will Learn

Role of HR professional in Performance management
Role of HR professional in Compensation Management
Performance Management System
Performance Management Process
Methods of Performance Appraisal
360 Degree Feedback
Potential Appraisal
Performance Management Implementation
Architecture of Compensation Management
Designing Compensation
Wages and salaries administration
Performance reward
Incentives and Fringe Benefits
Stock Based Compensation
International Payment System

Who Should Attend

HR Professionals
HR Managers
Any Postgraduate Pursing MBA HR
Training Manager
Payroll Manager
Talent Acquisition Manager (or Recruiting Manager)
Benefits Manager
Compensation Manager
Sourcing Manager
HR Project Manager
HRIS Manager
Strategic Sourcing Manager
HR Analyst
Recruiter
HR Coordinator
HR Business Partner
HR Consultant
Managers

Target Audiences

HR Professionals
HR Managers
Any Postgraduate Pursing MBA HR
Training Manager
Payroll Manager
Talent Acquisition Manager (or Recruiting Manager)
Benefits Manager
Compensation Manager
Sourcing Manager
HR Project Manager
HRIS Manager
Strategic Sourcing Manager
HR Analyst
Recruiter
HR Coordinator
HR Business Partner
HR Consultant
Managers

Performance management is a corporate management tool that helps managers monitor and evaluate employees’ work. Performance management’s goal is to create an environment where people can perform to the best of their abilities to produce the highest-quality work most efficiently and effectively.

Performance-management programs use traditional tools such as creating and measuring goals, objectives, and milestones. They also aim to define what effective performance looks like and develop processes to measure performance. However, instead of using the traditional paradigm of year-end reviews, performance management turns every interaction with an employee into an occasion to learn.

Compensation management, also known as wage and salary administration, remuneration management, or reward management, is concerned with designing and implementing total compensation package.

Compensation management is the practice of planning and distributing the overall pay and benefits package to a company’s employees. This program ensures that a company’s salaries and bonuses remain competitive within the industry and equitable within the organization. It also involves managing company benefit programs, ensuring the job classifications are up to date, risks are minimized, and the package meets the overall needs of employees and their families.

Learning outcomes from this Courses:

Understanding Performance
Fundamentals of Performance Management
Performance Management System
Performance Counselling
Performance Management Process
Performance Planning
Understanding Performance Appraisal
Performance Influencers
Methods of Performance Appraisal
Job and related concepts
Degree Feedback
Potential Appraisal
Mentoring and Coaching
Performance Monitoring
Performance Measurement
Career Development and Mobility
Performance Management Implementation
Ethics in Performance Management
Performance Management in International Context
Role of HR professional in performance management
Understanding Compensation Management
Foundation of Compensation Management
Factors influencing Compensation Management
Compensation and Job Evaluation
Architecture of Compensation Management
Designing Compensation
Behavioural Dimension of compensation management
Managing Performance
Wages & salaries administration
Performance reward
Incentives and Fringe Benefits
Stock Based Compensation
Compensation and Business Environment
Executive Compensation
Challenges to compensation management
Compensation for Flexible Workforce
Legal framework for Compensation
International Payment System

Course Curriculum

Chapter 1: Introduction & Understanding Performance

Lecture 1: Introduction

Chapter 2: Fundamentals of Performance Management

Lecture 1: Fundamentals of Performance Management

Chapter 3: Performance Management System

Lecture 1: Performance Management System

Chapter 4: Performance Counselling

Lecture 1: Performance Counselling

Chapter 5: Performance Management Process

Lecture 1: Performance Management Process

Chapter 6: Performance Planning

Lecture 1: Performance Planning

Chapter 7: Understanding Performance Appraisal

Lecture 1: Understanding Performance Appraisal

Chapter 8: Performance Influencers

Lecture 1: Performance Influencers

Chapter 9: Methods of Performance Appraisal

Lecture 1: Methods of Performance Appraisal

Chapter 10: Job and related concepts

Lecture 1: Job and related concepts

Chapter 11: 360 Degree Feedback

Lecture 1: 360 Degree Feedback

Chapter 12: Potential Appraisal

Lecture 1: Potential Appraisal

Chapter 13: Mentoring and Coaching

Lecture 1: Mentoring and Coaching

Chapter 14: Performance Monitoring

Lecture 1: Performance Monitoring

Chapter 15: Performance Measurement

Lecture 1: Performance Measurement

Chapter 16: Career Development and Mobility

Lecture 1: Career Development and Mobility

Chapter 17: Performance Management Implementation

Lecture 1: Performance Management Implementation

Chapter 18: Ethics in Performance Management

Lecture 1: Ethics in Performance Management

Chapter 19: Performance Management in International Context

Lecture 1: Performance Management in International Context

Chapter 20: Role of HR professional in performance management

Lecture 1: Role of HR professional in performance management

Chapter 21: Understanding Compensation Management

Lecture 1: Understanding Compensation Management

Chapter 22: Foundation of Compensation Management

Lecture 1: Foundation of Compensation Management

Chapter 23: Factors influencing Compensation Management

Lecture 1: Factors influencing Compensation Management

Chapter 24: Compensation and Job Evaluation

Lecture 1: Compensation and Job Evaluation

Chapter 25: Architecture of Compensation Management

Lecture 1: Architecture of Compensation Management

Chapter 26: Designing Compensation

Lecture 1: Designing Compensation

Chapter 27: Behavioural Dimension of compensation management

Lecture 1: Behavioural Dimension of compensation management

Chapter 28: Managing Performance

Lecture 1: Managing Performance

Chapter 29: Wages & salaries administration

Lecture 1: Wages & salaries administration

Chapter 30: Performance reward

Lecture 1: Performance reward

Chapter 31: Incentives and Fringe Benefits

Lecture 1: Incentives and Fringe Benefits

Chapter 32: Stock Based Compensation

Lecture 1: Stock Based Compensation

Chapter 33: Compensation and Business Environment

Lecture 1: Compensation and Business Environment

Chapter 34: Executive Compensation

Lecture 1: Executive Compensation

Chapter 35: Challenges to compensation management

Lecture 1: Challenges to compensation management

Chapter 36: Compensation for Flexible Workforce

Lecture 1: Compensation for Flexible Workforce

Chapter 37: Legal framework for Compensation

Lecture 1: Legal framework for Compensation

Chapter 38: International Payment System

Lecture 1: International Payment System

Chapter 39: 55 MNC's Performance Management Best Practices

Lecture 1: Google

Lecture 2: General Electric (GE)

Lecture 3: Netflix

Lecture 4: Adobe

Lecture 5: Microsoft

Lecture 6: Accenture

Lecture 7: Facebook

Lecture 8: Deloitte

Lecture 9: IBM

Lecture 10: SAP

Lecture 11: Cisco

Lecture 12: Amazon

Lecture 13: Zappos

Lecture 14: Spotify

Lecture 15: HubSpot

Lecture 16: Twitter

Lecture 17: Shopify

Lecture 18: Airbnb

Lecture 19: Atlassian

Lecture 20: Patagonia

Lecture 21: LinkedIn

Lecture 22: Cisco Systems

Lecture 23: Dropbox

Instructors

Edcorner Learning
Be Incredible

Rating Distribution

1 stars: 9 votes
2 stars: 20 votes
3 stars: 63 votes
4 stars: 147 votes
5 stars: 195 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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