COMPENSATION & REWARD MANAGEMENT

For companies, it helps in motivating the employees and improving organizational effectiveness. PIMS students are given extensive practical exposure to various heads under both monetary and non-monetary benefits provided to employees industry-wide:

• Understanding is developed on impact of internal and external factors on an organization's compensation and rewards strategy
• Understanding the link between compensation & rewards and business objectives
• Case studies and role plays are conducted to understand the key stages and drivers for Job Evaluation
• Various strategies used by companies to improve compensation and rewards processes
• How to develop action plans for implementing effective compensation and rewards management processes and strategies within organization