Compensation and reward management is the part of human resources that works behind the scenes. Relevant and appropriate compensation scheme is the bedrock of human resources management. In this course you will explore the different processes needed to develop a robust reward strategy through several case studies. You will determine which reward processes are most appropriate for your organisation and get a starting point to developing your own, taking into account your business and people priorities. You will then get to work on the actual design of the main components of direct cash compensation, in base and variable pay. You will gain an insight into how to set your pay at the right level and link to appropriate performance measures to avoid risks of losing talent or overspending.