MEHR-Certified Compensation & Benefits Manager(CCBM)

Middle Earth HR
In Hyderabad

Rs 21,244
VAT incl.
You can also call the Study Centre
95505... More
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Important information

  • Certificate
  • Hyderabad
  • 16 hours of class
  • Duration:
    2 Days
  • When:
    Flexible
Description

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.

Important information
Venues

Where and when

Starts Location Timetable
Flexible
Hyderabad
Andhra Pradesh, India
See map

Frequent Asked Questions

· What are the objectives of this course?

Understand the role of government regulation and social security in compensation globally Understand the 6 components of a compensation system Understand the 8 steps of how to build effective variable pay systems Learn how to build a point plan and a job grading system to create internal equity Understand how globalization, sociological and demographic changes effect compensation Understand how to create different levels of salary benchmarks Understand how the Hay Plan is built Understand mandated and cafeteria benefit systems Learn how reward planning can be used to cut compensation costs Learn how to build high impact compensation systems in a recession

· Who is it intended for?

Senior HR executives and professionals who develop and administer the compensation and benefits plan in an organization.

· What marks this course apart?

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

· What happens after requesting information?

You will get follow up mail and call.

What you'll learn on the course

HR executives
Develop and administer
Compensation and benefits
Payroll

Teachers and trainers (1)

Haripriya Challa
Haripriya Challa
Trainer

MBA from Symbiosis Institute of Management studies. Certified Six Sigma Black Belt. Certified Master Trainer Certified to conduct programs by Carlton Advanced Management Institute Fellowship student of World HR Board Summary ( a brief pen picture in 10 lines): Ms. Haripriya has over 18 years of rich experience. She has overall trained around 1000 Senior Management, Managers and Executives in Communication, Behavioral and Supervisory Skills over the last 10 years. She has been involved in several Culture Developmental, Talent Management and OD initiatives

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

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