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Manage remuneration and employee benefits BSBHRM505

Price
Enrolments now closed Start your Nationally Recognised Unit of Competency January 2022, and take advantage of the Early Bird Sale.
Duration
3 months - You are able to complete the course sooner if you choose as we work at your pace.
Mode of Delivery - Online Self Paced
This mode of delivery is suitable for people who are not able to attend training face to face due to commitments relating to work or personal life, geographical restrictions, or preferred method of learning, and is self-paced.
About this Unit of Competency
  • BSBHRM505 - Manage remuneration and employee benefits, is specifically designed to complement your trade knowledge with business knowledge.

  • You will learn and gain knowledge of how to manage the remuneration and the employee benefits of your staff.
  • This unit describes the skills and knowledge required to implement an organisation’s remuneration and benefit plan.

  • It incorporates all functions associated with remuneration, including packaging, salary benchmarking, market rate reviews, bonuses and the legislative aspects of remuneration and employee benefits.
  • It applies to individuals who are human resource managers responsible for overseeing an organisation’s remuneration process.

  • You will be guided through the following subjects by your learning resources and with the support of your dedicated trainer.

  • Remuneration principles or models and approaches
  • Ethical practices relating to remuneration and benefits strategies
  • Various remuneration or employee benefits
  • Ways to position an organisation an 'employer of choice'
  • Award structures for industrial agreements
  • Organisational policies and procedures affecting remuneration strategies
  • Relevant legislation, regulations and standards that may affect remuneration strategies
  • The requirements of the Australian Taxation Office in relation to:
  • Income tax
  • Superannuation reporting
  • FBT and bonus payments.
Entry Requirements
  • Nil
Amount of Training
  • Includes:

  • Online learning, independent research, and assessments to be completed self-paced - You are provided access to all the required resources you need to successfully complete your Nationally Recognised Qualification.
  • AALI Trainer/Assessor - For the duration of your course you are assigned an experience and qualified AALI Trainer/Assessor for training support.

Become Qualified With Confidence

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