Employee Benefits and Compensation, Total Rewards 380+ Tools

Design employee benefits: benefits administration, flexible perks, retention strategy, incentive systems, EVP workbooks

Description

This course contains the use of artificial intelligence.

388 tools for employee benefits and total rewards in one course: 34 downloadable tool files, 265 ready-to-use templates, matrices, AI prompts, checklists and procedures, 75 models and methods, and 14 services shown on screen.

Open a lecture, take the tool, use it in your next benefits decision.

Why benefits cost a lot and are valued little

A company adds benefits one by one: insurance, a gym, lunches, a language course. The budget grows, but in the next survey employees still say they are not valued. Nobody has counted who uses what, what a benefit is worth to a person and how the package looks next to pay and career.

What changes after this course

You ask employees what they need before you buy. You count the cost and the value of each benefit per real user. You offer choice where one package does not fit everyone. You connect benefits with grades, salary ranges and incentives into one total rewards picture. And you can show a candidate and an employee what the whole offer is worth.

What is inside: 388 tools, counted file by file

You do not have to take this number on trust. Open any lecture and read its description: every tool inside is listed there by name.

• 34 downloadable tool files: builders, calculators, modelers, trackers and 15 EVP workbooks
• 265 ready-to-use tools inside the presentations:
• 70 templates and sample documents: strategic benefits package, compensation philosophy, annual incentive plan, Total Rewards Statement
• 42 scorecards, rubrics and scoring matrices: benefits cost-effectiveness matrix, point-factor job evaluation, merit increase matrix, grade-based target bonus schedule
• 39 ready AI prompts: salary structure design, pay equity analysis, benefits segment sizing, Total Rewards Statement generation
• 35 checklists: benefits budgeting, employee benefits, salary survey selection, bonus scheme design
• 34 step-by-step procedures and workflows: cafeteria benefits implementation, benefits strategy development, bonus system design, job grading implementation
• 27 question lists and conversation scripts: compensation philosophy design, grade structure design, benefits satisfaction survey, positive salary review conversation script
• 12 formulas and metric sets: salary survey statistical measures, Total Rewards metrics, salary review cycle metrics, EVP effectiveness metrics
• 6 other working tools: benefits objectives ranking worksheet, salary survey source selection tree, promotion and off-cycle adjustment rules
• 75 models and methods explained with examples: WorldatWork Total Rewards, cafeteria benefits plan, Hay job evaluation, market pricing
• 14 services shown on screen, from a quick look to a detailed demo: Payscale, Carta, Bonusly, ChatGPT, Claude, Google Sheets and others

Where the tools are

• Benefits core (2 sections, 28 tools). Benefits strategy and types, ROI, flexible perks and budgeting.
• Compensation, benefits, total rewards and recognition (89 tools). Base pay, job analysis, grades, bonuses, cafeteria plans, salary surveys, ROI and recognition programs.
• Incentive systems (61 tools). Variable pay, KPI-based incentives, commissions, merit pay and budgeting.
• AI for benefits and total rewards (105 tools). Job architecture, market pricing, salary reviews, pay equity, budgets, flexible benefits and total rewards statements. 18 tool files and all 39 AI prompts are here.
• Job grading, salary ranges and benefits eligibility (71 tools).
• Employee value proposition and benefits strategy (80 tools). Audit, design, communication and measurement. 15 EVP workbooks are here.
• Benefits administration automation (3 tools).

Who is teaching

I am Mike, the #1 HR instructor on Udemy, with 1,800,000+ course enrollments from 170,000 students, and the author of about 200 books on Amazon. I built the people system at Preply as it became a unicorn and worked at Wargaming, iDeals and Alfa-Bank across 20 years in HR. I hold PHRi, SHRM-CP and HCI sHRBP certifications and represent HRCI in Eastern Europe.

At the STB television channel we looked for ways to keep people with almost no budget. We let a manicure master work on site if her prices were a little below the market, then added pilates, and a driving school that gave our employees a 50 percent discount for holding classes at our office in the morning. At Wargaming I analyzed all benefits. I took the actual yearly spend, found the number of real users of each benefit and calculated the cost per user. Then I estimated the value: what a person would pay if they bought it themselves, plus the time the benefit saves. Only then was it clear which benefits really work.

How to use the course

Watch the first two sections to build a benefits strategy and budget. Then use the rest as a reference: section and lecture titles show how many tools are inside, and each lecture description lists them by name.

What is included

• 39 lectures across 8 sections, 19 hours
• 72 downloadable resources: 34 tool files and the lecture presentations
• 388 tools across the lessons, ready to copy into your own work
• A 10-question practice test, a quiz and a role play
• Lifetime access to all materials
• Active instructor support in the Q&A section
• A Udemy Certificate of Completion

Where to start

List the benefits your company pays for today. Open the lecture on benefits ROI, fill in the benefits cost-effectiveness matrix and see which ones people use. Enrol now and start your first lesson today.

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