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Diploma in Performance and Reward Management

Original price was: $200.00.Current price is: $99.00.

This course is ideal for HR professionals, managers, and anyone involved in designing or managing performance and reward systems within an organization.

Number of Users Discount
2 - 10 30%
11 - 20 40%
21 - 50 50%
51 - 100 60%
101 + 70%
Category:

Course Overview

The Diploma in Performance and Reward Management is designed to provide participants with a comprehensive understanding of how to develop and implement effective performance and reward systems within organizations. This course covers the strategic importance of performance management and the role of reward systems in motivating and retaining talent. Participants will learn to design systems that align with organizational goals and enhance employee performance.

Learning Objectives

By the end of this course, participants will be able to:

  • Develop a comprehensive Performance and Reward Management (PRM) philosophy and strategy.
  • Identify critical success factors for implementing PRM systems.
  • Conduct job and role analysis to inform performance metrics.
  • Use assessment methods to evaluate employee performance.
  • Construct effective salary scales and job grading systems.
  • Design reward systems that motivate and retain employees by aligning with organizational objectives.

Benefits

  • Self-Paced Learning: Participants can learn at their own pace, accommodating their schedules and learning preferences.
  • Online Delivery: The course is accessible from anywhere, providing flexibility and convenience.
  • CPD Accreditation: Participants receive a CPD-accredited certificate, enhancing their professional credentials.
  • Practical Application: The course includes real-world scenarios and case studies, ensuring that participants can apply their learning effectively in their workplace.

Course Outline

  1. Introduction to Performance and Reward Management
    • Understanding the strategic importance of performance and reward systems
    • Key components and principles of effective systems
  2. Performance Management
    • Factors affecting employee performance
    • The performance management cycle and its integration with HR systems
    • Motivation theories and the psychological contract
  3. Rewards Management
    • Concepts of total rewards and compensation strategies
    • Designing compensation structures and job evaluation tools
    • Internal alignment and external competitiveness
  4. Job and Role Analysis
    • Conducting job evaluations and constructing salary scales
    • Identifying performance metrics and assessment methods
  5. Implementation and Integration
    • Linking performance management with reward systems
    • Peer consulting and integration sessions
  6. Case Studies and Practical Applications
    • Real-world examples and scenarios
    • Application of concepts in organizational settings

This course is ideal for HR professionals, managers, and anyone involved in designing or managing performance and reward systems within an organization.