Provided by: Contacts Plus

Reward and Compensation

Business and Management Skills

Contacts Plus
Compensation and Reward system plays vital role in a business organization.
Since, among four Ms, i. e. Men, Material, Machine and Money, it can shift your company to the next level. In this course youa ™ll identify the process to apply the best reward system.
Key Learning Objective and Outcomes:
By the end of this program, participants will have been able to:
Be aware of the role of compensation and rewards in modern Organization
Utilize the concept of cot to best serve your company.
Knowing various causes for labour turnover
The effects of labour turnover? And how is it measured?
Knowing different compensation systems
Related Jobs or Careers: HR Specialist
This is primarily ilt training
workshop / seminarThis is a workshop seminar
instructor led trainingThis class may be available at a classroom in Cairo, Cairo, or at one of these training facilities: Cairo, Helwan,
Course Level:basic through advanced
Duration:2 days
Training Presented in:English
Certificate Program Provided by Contacts Plus
Reward and Compensation
The role of compensation and rewards in modern organization
The advantages of a fair compensation system
The concept of Cost? What are the different elements of cost
The effects of labour turnover? How is it measured?
Distinguish between of Time rate and piece rate system.
The reasons or factors affecting wage differentials
Compensation Structure
The importance of salary survey.
The findings of wage and salary administration inhospitality industry
About The Training Provider: Contacts Plus
Contacts Plus - Contacts Plus is a young -spirited organization in Egypt with an ultimate goal to serve the Middle East North Africa (MENA) and Gulf Regions markets. Since it was established in 2004, the company has adopted a strategic vision of deploying & applying the World Best Practices methodologies and Models in the Arab world. Our edge is to integrate and harmonize the three business pillars:...
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