Choosing Between Compensation Management and Training & Development: Which Aligns with My HR Interests?

Well, my university is offering these 2 courses for the fall:
Compensation Management
Training and Development

Which course should I take? Mind you that my HR interests are more into OB and Org. Development. So which one would be of greater benefit to me?

I suggest you to take up T&D. At the same time, you can also gain knowledge about Compensation Management by reading books - Nothing to lose.

I tend to agree with the previous post.

Having taught both of these courses at the university level previously, the Training and Development Course, properly taught and studied, should offer more key learning points that will be of long-term benefit. A good text to assist you would be Desimone's "Human Resource Development" (Thomson, 2002). It focuses on not only the T&D issues but also learning theory, evaluation and assessment, and coaching. Note: I've taught from this text and used the background information in both my consultancy and in my writing.

Compensation can be picked up at a future date or at a higher level of study.

Alan Guinn, Managing Director The Guinn Consultancy Group, Inc.

Both courses have excellent scope and opportunities. In the case of compensation, it is limited. You can use the skills within the HR department. You can become an expert or offer consulting services in compensation development.

In the case of training and development, it has a wider scope. You can use the skills within the HR department. You can gain expertise and become a training development consultant. You can be a professional trainer or a franchisee for training companies, etc.

Your aptitude, interest, and passion for the subject would determine the choice. There is money in both.

Regards,

LEO LINGHAM

Hi Centerpide,

It is good if you select training and development so that you have a good exposure to learning in the days to come. When you opt for compensation management, I think that you may not have as many learning opportunities. Considering this, choose training and development over compensation management.

With Regards,
K. Jayavel B.B.A., (M.B.A)

Hey, how about supporting the underdog...

Are we all undermining the importance of compensation management in comparison to training and development? Just think about the following:

- Impact of current events on compensation and benefits programs
- Challenges of new legislation and regulations
- New industry trends and practices
- Answering employees' and colleagues' questions on compensation, pensions, retirement, and health and welfare benefits.

In the industry where Human resources are scarce and companies are trying to improve their offerings to attract/retain employees, can we really undermine compensation management?

We had a problem in our company for over 3 months (just sorted) regarding the payment structure following the FBT. Furthermore, the compensation structure of competing companies (for HR resources) also affects how to structure your own compensation system.

Ajmal Mirza