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Compensation Management

4.61,208 ratings at Great Learning Academy

Overview

Learning compensation management is easier when each idea is tied to a real decision, task, or workflow. This free course is built for beginners who want practical context before moving into deeper tools, projects, or role-specific training. You work through salary structures, pay bands, incentives, benefits, equity, appraisal links, HR decisions, so the topic feels useful rather than abstract. The course helps you understand how pay decisions connect to roles, fairness, and performance while building vocabulary, confidence, and a clearer sense of what to practice next.By the end, you should be able to explain the core ideas in your own words, recognize where they apply, and choose a sensible next step for practice. The course is useful for students, career switchers, and working learners who need a self-paced foundation. It focuses on learner questions: what the topic means, where it is used, what skills it builds, and how it connects to future learning or work.

What you'll learn

  • Compensation Management
  • Remuneration and Benefits

Syllabus 11

  1. Summary

    This comprehensive module on Organizational Behaviour, covers the concept, importance, elements, levels, types, and objectives of the field. It provides a deep understanding of the subject to enhance interpersonal and communication skills and create a positive work environment.

  2. Fundamentals of Organizational Leadership and Management

    Establish a foundation in organizational Leadership and Management. Identify the essential soft skills and strategic competencies required to navigate corporate hierarchies and drive team performance effectively.

  3. What is Compensation Management?
  4. Objectives of Compensation Management
  5. Principles of Compensation Management in HRM
  6. Why is Compensation Management Important?
  7. Types of Compensation in HR Management
  8. What is a Compensation Plan?
  9. Compensation Management Process
  10. Challenges of Compensation Management
  11. Executive Compensation

Advantages and disadvantages

Advantages

  • Free, short, with a free certificate.
  • Made in India, with examples Indian students will recognise.
  • Rated 4.6 out of 5 by 1,208 learners.
  • Free certificate when you finish.
  • Completely free.
  • Self-paced: start any time.
  • A clear syllabus (11 parts) you can see before you start.

Disadvantages

  • Introductory; the certificate carries little weight with employers.
  • Expect follow-up calls and emails about paid programs.
  • Short (1 hour): an overview, not deep coverage.

Some points apply to every course of this kind; see how we rank.

Free, with a free certificate

  • Free: Sign up with your email or phone to watch.
  • Certificate: Free when you finish the videos and quiz.

Taught by

  • Shantnu RanaShantnu Rana is an Academic Counseling Expert at Great Learning who has guided thousands of students in planning and ch…

Great Learning is in Tier 4: commercial training companies and platform-made courses of our institution ranking (58/100).

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