Compensation management process and keys to an effective compensation management strategy complete deck
Compensation Management is managing, analyzing, and evaluating the salaries, bonuses, and benefits that each employee receives. At present, the company wants to identify the process and keys to an effective compensation management strategy. Here is a competently designed template on Compensation Management that provides details on the need of system, the importance of the structured approach, essential components of the system, current system efficiency indicators, factors affecting the system, types of plans, types of allowances, and benefits offered in the design, an overview of the compensation management process, keys to an effective strategy, etc. The need for an efficient compensation management system in the company is to acquire qualified personnel, retain present employees, boost motivation, enhance administrative efficiencies, etc. This module also provides information on risks and challenges involved in implementing a structured compensation management system, various compensation management softwares and statistics after strategic process implementation, along with dashboards. After analyzing the compensation management process and keys to an effective compensation management strategy, the company can adequately follow the process to achieve the desired goals. Book a free demo with our research team and customize this 100 percent editable template. Download it now.
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Deliver an informational PPT on various topics by using this Compensation Management Process And Keys To An Effective Compensation Management Strategy Complete Deck. This deck focuses and implements best industry practices, thus providing a birds-eye view of the topic. Encompassed with fifty five slides, designed using high-quality visuals and graphics, this deck is a complete package to use and download. All the slides offered in this deck are subjective to innumerable alterations, thus making you a pro at delivering and educating. You can modify the color of the graphics, background, or anything else as per your needs and requirements. It suits every business vertical because of its adaptable layout.
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Content of this Powerpoint Presentation
Slide 1: This slide introduces Compensation Management Process and Keys to an Effective Compensation Management Strategy. State Your Company Name and begin.
Slide 2: This slide shows Agenda for Compensation Management Process and Keys to an effective Compensation Management Strategy.
Slide 3: This slide presents Table of Content for the presentation.
Slide 4: This slide shows Table of Content for the presentation.
Slide 5: This slide presents Table of Content highlighting Key Employee Compensation Management Statistics on a Global Scale
Slide 6: This slide displays the need of efficient compensation management system in the company.
Slide 7: This slide shows the importance of an efficient and a structured compensation management system in the company.
Slide 8: The slide presents the basic components of a Structured Compensation Management System that is present in the company such as basic pay, allowances, incentives, etc.
Slide 9: This slide shows the current Recruitment Efficiency Status of the company.
Slide 10: This slide presents the current Compensation Management System Efficiency Indicators of the company.
Slide 11: This slide displays the some of the general Employee Compensation Management Statistics on a Global Scale.
Slide 12: This slide shows Table of Content for the presentation.
Slide 13: The slide represents the internal factors that effect the compensation management system of the company.
Slide 14: The slide shows the external factors that effect the compensation management system of the company.
Slide 15: The slide presents the structured compensation management system of the company with categories of compensation.
Slide 16: The slide displays the types and categories of compensation management system in the company.
Slide 17: The slide shows the types and categories of allowances that are offered in the compensation system.
Slide 18: The slide represents the types and categories of benefits that are offered in the compensation system of the company.
Slide 19: The slide shows the types of incentive systems (individual incentive system, piece rate systems and differential piece rate) that can be implemented by the organization.
Slide 20: The slide presents Categories of Incentives in Compensation Management System.
Slide 21: This slide displays Table of Content for the presentation.
Slide 22: The slide shows the overview of the sequential steps and procedure involved in drafting a compensation management process.
Slide 23: The slide represents Compensation Management Process Step 1 – Organization’s Strategy.
Slide 24: The slide shows Compensation Management Process Step 2 – Determining Compensation Policy.
Slide 25: The slide presents information about the third step (job analysis and job evaluation) that is involved in the compensation management process.
Slide 26: The slide displays information about the fourth step (analysing contingent factors) that is involved in the compensation management process.
Slide 27: The slide provides information about the fifth step (designing and implementation of compensation plan) that is involved in the compensation management process.
Slide 28: The slide represents information about the sixth step (process evaluation and review) that is involved in the compensation management process.
Slide 29: The slide shows the key elements towards the implementation of an effective compensation management strategy in the organization.
Slide 30: This is another slide showing the key elements towards the implementation of an effective compensation management strategy.
Slide 31: This slide displays Table of Content for the presentation.
Slide 32: The slide shows the major risks that are involved in implementing a structured and efficient compensation management system.
Slide 33: The slide represents the various ways to mitigate the risks that are associated with the compensation management system.
Slide 34: The slide shows the challenges that are involved in implementing a structured and efficient compensation management system.
Slide 35: This slide presents Table of Content for the presentation.
Slide 36: This slide displays the various vendor management software’s that can be used by the organization.
Slide 37: The slide shows the characteristics and features of an effective and efficient compensation management system
Slide 38: This slide represents some of the new approaches that can be implemented by the company to achieve the objectives of compensation management with greater efficiency.
Slide 39: This slide shows Table of Content for the presentation.
Slide 40: This slide presents the estimated Recruitment Efficiency Status of the company after following a structured compensation management process.
Slide 41: This slide displays the future estimated Compensation Management System Efficiency Indicators of the company that are compared for 3 years.
Slide 42: This slide shows Table of Content for the presentation.
Slide 43: This slide shows Compensation Management Administration Dashboard.
Slide 44: This slide shows Compensation Management Operations Dashboard.
Slide 45: This slide shows Compensation Management Process and Keys to an Effective Compensation Management Strategy Icons.
Slide 46: This slide is titled as Additional Slides for moving forward.
Slide 47: This slide shows Line Chart with two products comparison.
Slide 48: This is Our Mission slide with related imagery and text.
Slide 49: This is Our Target slide. State your targets here.
Slide 50: This is About Us slide to show company specifications etc.
Slide 51: This slide shows Post It Notes. Post your important notes here.
Slide 52: This slide shows Venn diagram with text boxes.
Slide 53: This is a Comparison slide to state comparison between commodities, entities etc.
Slide 54: This slide shows Puzzle with related icons and text.
Slide 55: This is a Thank You slide with address, contact numbers and email address.
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