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Performance Management and Compensation Management in HRM

Learners: 7,396

Instructor: Edcorner Learning

Duration:

This course provides an in-depth understanding of Performance Management and Compensation Management in HRM. It covers topics such as performance planning, performance appraisal, job and related concepts, potential appraisal, mentoring and coaching, performance monitoring, career development and mobility, compensation management, wages and salaries administration, performance reward, incentives and fringe benefits, stock based compensation, executive compensation, and more. Participants will gain the knowledge and skills to effectively manage performance and compensation in their organization. This course is ideal for HR professionals looking to gain a comprehensive understanding of Performance Management and Compensation Management.▼▲

Course Feature Course Overview Pros & Cons Course Provider

Go to class

Course Feature

Cost:

Paid

Provider:

Udemy

Certificate:

Paid Certification

Language:

English

Start Date:

2021-04-29

Course Overview

❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 18th, 2023]

What skills and knowledge will you acquire during this course?
Upon completion of this course, learners will acquire skills and knowledge in understanding performance, performance management systems, performance counselling, performance planning, performance appraisal methods, job evaluation, performance monitoring and measurement, career development, ethics in performance management, compensation management, designing compensation packages, managing performance, wages and salaries administration, performance rewards and incentives, fringe benefits, stock-based compensation, executive compensation, challenges in compensation management, legal framework for compensation, and international payment systems.

How does this course contribute to professional growth?
This course contributes to professional growth by providing learners with an understanding of performance management and compensation management in HRM. It equips them with the knowledge and skills to design and implement effective performance management systems, measure performance, and develop total compensation packages.

Is this course suitable for preparing further education?
This course is suitable for preparing further education.

Pros & Cons

Pros Cons

The course is clear and extremely relevant to the current environment. Users found the content to be up-to-date and applicable to real-world situations.
The course is informative and provides a wonderful learning experience. Users appreciated the knowledge gained from the course and found it to be impressive.

The course lacks practical application. Some users mentioned that the course is too theoretical and lacks practical examples or exercises.
The pace of the course could have been faster. Some users felt that the course could have been delivered at a quicker pace to maintain engagement and interest.