MEHR Certified Compensation & Benefits Manager (CCBM)
Certificate
In Mumbai
Description
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Type
Certificate
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Location
Mumbai
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Duration
2 Days
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Start date
Different dates available
Compensation and benefits is an emotive area, not only for the organizations but also for the employees. Establishing and managing a reward structure is one of the critical cornerstones of the human resource department. It is extremely important to design the right reward package that supports the business goals.
This program helps the HR professionals understand the importance of compensation and benefits in such a way that they are able to understand the intricacies, basic reward system, the global trends in compensation and benefits and are able to link pay with performance for better planning. By the end of this workshop participants will be able to source well structured and reasonable compensation and benefits schemes that operate effectively, provide the best value to the organization and structure remuneration schemes
Facilities
Location
Start date
Start date
About this course
Senior HR executives and professionals who develop and administer the compensation and benefits plan in an organization.
•Get a comprehensive, information packed courseware during the program and for back home use
•Learn from the industry experts who have a vast experience in the area of HR
•Network with other professionals with same background and interest
• Brand yourself as a certified compensation & benefits manager
•Unique “risk free” money back guarantee
•Your satisfaction is guaranteed
Information on program modules,venue,and commercials will be sent. You will then receive a follow up call.
Reviews
Subjects
- Total Reward Planning
- Building Internal Equity
- Rewards and Basics Compensation
Teachers and trainers (1)
Rajendra Aphale
Trainer
Major qualifications and Certifications: • Bachelor of Technology – IIT Bombay • LLB from University of Mumbai • Operations Management – NMIMS • Cost Accountant from ICWAi Raj Aphale has over 2 decades of experience in HR, Consulting and Training. He was associated with business giants like Siemens Informations Systems Limited, Mafatlal Industries Limited, Godrej Group. He held positions of manager – corporate planning, senior manager – HR, Senior consultant. His last assignment was with Siemens Informations Systems Limited where he was employed as a Senior Consultant.
Course programme
MODULE 1: Compensation and Benefits Environment
- The environmental factors effecting compensation and benefits
- Government regulation & social security in compensation
- Social changes & demographics in compensation
- Changes in compensation due to collective bargaining
- Changes in the compensation administration due to outsourcing & globalization
MODULE 2: Rewards & Basics of Compensation
- Compensation basics
- Components of compensation system
- Equity theory
MODULE 3: Building Internal Equity
- Job description
- Establishing internal equity: job evaluation methods
- Using job rankings
- Creating job grading
- Creating point plans
- Hay plan overview
MODULE 4: Building External Equity
- Different aspects of establishing external equity
- Salary survey
- Designing salary surveys
- Periodicity of salary surveys
MODULE 5: Building Individual Equity
- Performance pay options
- Building performance pay systems
- Steps in introducing pay for performance system
- Pay for performance: the challenges
MODULE 6: Benefit Plans & Total Reward Planning
- Benefit plans
- Mandated benefits
- Security/Insurance benefits
- Retirement benefits
- Time off related benefits
- Non-monetary perquisites
- Monetary perquisites
- Cafeteria plan/flexible benefit plans
MODULE 7: Total Reward Planning
- Reward strategy objectives
- Components of total reward
MEHR Certified Compensation & Benefits Manager (CCBM)