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Middle Earth HR

MEHR Certified Compensation & Benefits Manager (CCBM)

Middle Earth HR
In Mumbai

Rs 21,151
You can also call the Study Centre
95505... More

Important information

Typology Certificate
Location Mumbai
Duration 2 Days
Start Different dates available
  • Certificate
  • Mumbai
  • Duration:
    2 Days
  • Start:
    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 (1)
Where and when
Starts Location
Different dates available
Maharashtra, India
See map
Starts Different dates available
Maharashtra, India
See map

Frequent Asked Questions

· 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?

Information on program modules,venue,and commercials will be sent. You will then receive a follow up call.

What you'll learn on the course

Total Reward Planning
Building Internal Equity
Rewards and Basics Compensation

Teachers and trainers (1)

 Rajendra Aphale
Rajendra Aphale

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

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