Certified Compensation & Benefits Manager (CCBM)

Training

In Pune

Save 88%
₹ 3,000 VAT incl.

Description

  • Type

    Training

  • Location

    Pune

  • Class hours

    16h

  • Duration

    2 Days

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.

By attending this workshop you'll learn:

- 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

Unique benefits to the participants:

- 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

Facilities

Location

Start date

Pune (Mahārāshtra)
See map

Start date

On request

About this course

Who should attend?

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

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

Subjects

  • Compensation and benefits
  • Payroll
  • Creating job grading
  • Creating point plans
  • Hay plan overview

Teachers and trainers (1)

 Rajendra Aphale

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

<b>Module 1:</b> 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
<b>MODULE 2:</b> Rewards & Basics of Compensation
- Compensation basics- Components of compensation system- Equity theory
<b>Module 3:</b> Building Internal Equity
- Job description- Establishing internal equity: job evaluation methods- Using job rankings- Creating job grading- Creating point plans- Hay plan overview
<b>Module 4:</b> Building External Equity
- Different aspects of establishing external equity- Salary survey- Designing salary surveys- Periodicity of salary surveys
<b>Module 5:</b> Building Individual Equity
- Performance pay options- Building performance pay systems- Steps in introducing pay for performance system- Pay for performance: the challenges
<b>Module 6:</b> 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
<b>MODULE 7:</b> Total Reward Planning
- Reward strategy objectives- Components of total reward

Certified Compensation & Benefits Manager (CCBM)

₹ 3,000 VAT incl.