MEHR-Certified Compensation & Benefits Manager(CCBM)
Certificate
In Hyderabad
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INTERNATIONAL INSTITUTE OF MANAGEMENT & ENGINEERING
Post Graduate Diploma OnlinePrice on request -
School of Management Studies University of Hyderabad
Master Andhra Pradesh / Classroom-basedPrice on request -
MIT Online Institute
Master Distance learning₹ 30,000 + VAT -
Guru Jambheshwar University of Science and Technology
Master Distance learningPrice on request -
MIT Distance learning Education Centre
Certificate Distance learning₹ 17,000 + VAT -
All India Management Association
Certificate Distance learning₹ 9,000 + VAT -
Prin. L.N. Welingkar Institute of Mgt Dev and Research
Diploma Distance learningPrice on request
Description
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Type
Certificate
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Location
Hyderabad
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Class hours
16h
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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
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
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
You will get follow up mail and call.
Reviews
Subjects
- HR executives
- Develop and administer
- Compensation and benefits
- Payroll
Teachers and trainers (1)
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 rewardMEHR-Certified Compensation & Benefits Manager(CCBM)
-
INTERNATIONAL INSTITUTE OF MANAGEMENT & ENGINEERING
Post Graduate Diploma OnlinePrice on request -
School of Management Studies University of Hyderabad
Master Andhra Pradesh / Classroom-basedPrice on request -
MIT Online Institute
Master Distance learning₹ 30,000 + VAT -
Guru Jambheshwar University of Science and Technology
Master Distance learningPrice on request -
MIT Distance learning Education Centre
Certificate Distance learning₹ 17,000 + VAT -
All India Management Association
Certificate Distance learning₹ 9,000 + VAT -
Prin. L.N. Welingkar Institute of Mgt Dev and Research
Diploma Distance learningPrice on request