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Скачать или смотреть Certified Compensation and Benefits Professional Program

  • Meritt Learning Center
  • 2025-03-28
  • 162
Certified Compensation and Benefits Professional Program
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Описание к видео Certified Compensation and Benefits Professional Program

Certified Compensation and Benefits Professional Program
Live Virtual instructor-led Training
UPCOMING DATES : 17-18 Jan | 24-25 Jan 2026 [Sat-Sun], 2:30 pm - 5:30 pm [3 Hours], Total 12:00 Hours Session
COURSE LINK - https://merittlearningcenter.merittco...

Live Virtual instructor-led Training
Course Overview
The program is pre-approved by SHRM for recertification professional development credits (12 PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge
(the SHRM BASK).
Learn about the fundamental concepts of compensation, benefits, rewards, and total rewards, Learn about job evaluations and job pricing, and their significance in setting salaries and employee rewards, Learn about the key statistical methodologies used in compensation research and data analysis, design appropriate and relevant total compensation plans and reward programs, evaluating performance and linking performance to effective rewards, benchmarking surveys, and how to use the market data results in determining your internal salary levels, develop performance-based pay systems, and other variable pay programs, design compensation structures and flexible pay plans, design effective reward communication programs for your business success.

SESSION I: COMPENSATION SYSTEM AND REWARD CONCEPTS
Introduction, Understanding of the Fundamentals of Compensation, Benefits, Rewards
Total Rewards, Components of Compensation Systems
Compensation Systems in the Indian Environment, Compensation Approach and Framework
Reward Philosophy, Reward Strategy, Total Reward Programs
Factors Affecting Rewards, Statutory Compliances, Environmental Factors, Impact of Globalization on Compensation Programs

SESSION II: JOB EVALUATION AND PRICING
Job Evaluation, Aspects of Job Evaluation
Job Evaluation Methodologies, Job Design
Point Rating Method, Linking Job Points to Pay Points
Hay Guide Chart Profile
Job Evaluation and Pay Determination
Job Pricing, Narrow Banding, Broad Banding

SESSION III: COMPENSATION SURVEYS AND DATA ANALYSIS
Compensation Surveys, Types of Surveys, Survey Data Analysis
Job Equivalence, Job Evaluation and Salary Data
Grade Point and Market Salary, Median Pay, Percentiles, Compensation Ratios, Salary Rates, Salary Equity, Market Parity.
Evolution of Compensation Structures
Types of Employee Rewards, Standard Reward Practices, Flexible Pay Programs
Developing Different Compensation Structures in a Global Environment
Communicating of Compensation and Benefits Structures as ‘Employee Value Proposition’

SESSION IV: DEVELOPING COMPENSATION STRUCTURES AND VARIABLE PAY PLANS
Variable Pays, Types of Variable Pays (STI, MTI, LTI), Trends in Variable Pays, Designing Variable Pays, Steps in Introducing Variable Pays, Rewarding Critical Roles and Hot Skills, Different Types of Variable Pay Programs.
Defining Performance Parameters, Measuring Performance, Basic Guidelines for Rewarding, Typical Reward Models, Linking Rewards to Performance, Pay for Performance, Integrating Total Rewards with Job, Market and Performance.
Communication of Reward Programs, Changing Approach to Reward Communications, Steps in Effective Reward Communication, Implementation Guidelines for Reward Programs in Organizations.

What you will get?
Manual User Guide Book
Detailed Pre-reading material before each session
Recordings of the sessions
Practical assignments during the session and follow-up assignments
Final Project work on given topics to be completed in 60 days
On completion, you will receive "Recognition Certificate" with Grades
Your Name will be listed in the Meritt Training Directory
Participants will be awarded SHRM Professional Development credits (12 PDC's)

Contact
Meritt Learning Center
Email: [email protected];
Contact: +91-7428466822
www.merittconsultants.com

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