Enjoying the preview?
This is the free first lesson. Get full access — request a demo or sign in.
Understanding Total Rewards Strategy
Invest in your workforce by understanding total rewards strategyPreview the first lesson free — get full access to all 5 lessons.
Advanced Provider : KnowledgeCity 5 Lessons · 13m in Arabic, English, Spanish
Course Description
Today’s workforce has different needs, styles, and strengths. As an employer, you need to stay updated on how you can encourage employees to work more productively, keep them with the company for longer, and attract new talent and expertise. This means learning to craft a program that goes beyond just salary by encompassing benefits, work environment, and opportunities for growth. Such a strategy empowers you to build a compelling employer brand, boost employee satisfaction, and ultimately drive organizational success. We'll also delve into the details of total rewards, exploring how a well-designed program can improve morale.
This course on Understanding Total Rewards Strategy will teach you to design a program that attracts, retains, and motivates top talent. Learn how to link total rewards to your employer brand and align it with your company's goals. As you master total rewards, you’ll become a leader who can effectively invest in your most valuable asset: your people.
What You'll Learn
- Define and master the components of total rewards
- Design a total rewards program that represents your company's image and attracts, retains, and motivates top talent
- Link total rewards to your employer brand
- Align your total rewards strategy with your organizational goals
- Explore how a well-designed rewards program can improve morale and boost employee satisfaction
Key Takeaways
- A total rewards strategy goes beyond salary to encompass benefits, work environment, and opportunities for growth.
- A well-designed total rewards program can help attract new talent, retain employees longer, and encourage more productive work.
- Linking total rewards to your employer brand helps build a compelling employer brand and drive organizational success.
- Aligning the rewards program with company goals makes it count toward organizational success.
- A well-designed program can improve morale and boost employee satisfaction.
Frequently Asked Questions
Who is this course for?
It is designed for employers and leaders who want to encourage productivity, retain employees longer, and attract new talent by crafting a rewards program that goes beyond salary.
What does this course cover?
It covers the components of total rewards, how to strategically design a total rewards program to represent your company's image, linking total rewards to your employer brand, and aligning your strategy with organizational goals.
What skills will I gain?
The course focuses on skills in employer branding, talent acquisition, and workforce development.
What topics are included in the lessons?
The lessons include an Introduction, Exploring the Components of Total Rewards, Total Rewards and Employer Branding, Aligning Your Strategy With Organizational Goals, and a Test Your Knowledge assessment.
Professional Certifications and Continuing Education Units (CEUs)
HR Certification Institute® (HRCI®)
Recertification Credits: 0.25
Society for Human Resource Management (SHRM®)
Professional Development Credits (PDCs): 0.25
KnowledgeCity is approved by SHRM as a Recertification General Provider to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). By taking the courses approved by SHRM, KnowledgeCity can award SHRM Professional Development Credits (PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™).
