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Release 1 |
This version first released with BSB Business Services Training Package Version 7.0. |
Companion Volume Implementation Guide is found on VETNet - https://vetnet.education.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10
This unit describes the skills and knowledge required to coordinate an organisation’s remuneration and benefits plans. It incorporates all functions associated with remuneration, including packaging, salary benchmarking, market rate reviews, bonuses and the legislative aspects of remuneration and employee benefits.
The unit applies to individuals who are human resource practitioners responsible for overseeing an organisation’s remuneration process.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
Technical Skills – Human Resources
Supersedes and is equivalent to BSBHRM505 Manage remuneration and employee benefits.
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