Strategic Management of Employee Compensation and Benefits
Course Overview
The course aims to provide participants with comprehensive knowledge and practical skills in managing employee compensation and benefits effectively within organizations. By the end of the course, participants will be equipped to design, implement, and evaluate compensation and benefits programs that align with organizational objectives and contribute to employee satisfaction and retention.
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Introduction to Compensation and Benefits Management
• Understanding the role of compensation and benefits in organizational success
• Key principles and concepts in compensation and benefits management
Legal and Regulatory Framework
• Overview of labor laws and regulations related to compensation and benefits
• Compliance requirements and implications for compensation practices
Job Analysis and Evaluation
• Conducting job analysis to determine job roles, responsibilities, and requirements
• Methods for job evaluation and establishing equitable pay structures
Compensation Strategies and Structures
• Designing competitive compensation strategies to attract and retain talent
• Developing and implementing compensation structures, including salary ranges, incentives, and bonuses
Employee Benefits Programs
• Types of employee benefits: health insurance, retirement plans, leave policies, etc.
• Designing and managing employee benefits programs to meet diverse needs and preferences
Performance Management and Compensation
• Linking performance management systems with compensation and rewards
• Using performance metrics to assess individual and team contributions to compensation decisions
Payroll Administration and Budgeting
• Principles of payroll administration, including tax withholding, deductions, and reporting
• Budgeting and forecasting for compensation and benefits expenses
Employee Communication and Engagement
• Communicating compensation and benefits policies, programs, and changes to employees
• Strategies for engaging employees in understanding and maximizing their compensation and benefits
Compensation Benchmarking and Market Analysis
• Conducting benchmarking studies to compare compensation and benefits against industry standards
• Analyzing market trends and data to inform compensation decisions
Ethical Considerations in Compensation and Benefits
• Ethical issues and challenges in compensation and benefits management
• Promoting fairness, transparency, and equity in compensation practices
Evaluation and Continuous Improvement
• Methods for evaluating the effectiveness of compensation and benefits programs
• Strategies for continuous improvement and adaptation to changing organizational and market conditions
FOR WHOM:
Business Analysts, Supervisors, Managers, Directors, Human Resources Managers, Admin Managers, Head of Departments, Executive Management, and others who perform related functions in the Public & Private Sector.
1ST BATCH: Tuesday, February 24, 2026 — Friday, February 27, 2026.
2ND BATCH: Tuesday, June 16, 2026 — Friday, June 19, 2026.
3RD BATCH: Tuesday, October 13, 2026 — Friday, October 16, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
