CertifiedCompensationandBenefitsManager

Compensa onandbenetsisanemo vearea,notonlyfortheorganiza onsbutalsofortheemployees.

Establishing and managing a reward structure is one of the cri cal cornerstones of thehumanresource
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 compensa on and benets in
such a way that they are able to understand the intricacies, basic reward system, the global trends in
compensa on and benets and are able to link pay withperformanceforbeerplanning.Bytheendof
this workshop par cipants will be able to source well structured and reasonable compensa on and
benets schemes that operate eec vely, provide the best value to the organiza on and structure
remunera onschemes.

Byattendingthisworkshopyoulllearn:
Understandtheroleofgovernmentregula onandsocialsecurityincompensa onglobally
Understandthe6componentsofacompensa onsystem
Understandthe8stepsofhowtobuildeec vevariablepaysystems
Learnhowtobuildapointplanandajobgradingsystemtocreateinternalequity
Understandhowglobaliza on,sociologicalanddemographicchangeseectcompensa on
Understandhowtocreatedierentlevelsofsalarybenchmarks
UnderstandhowtheHayPlanisbuilt
Understandmandatedandcafeteriabenetsystems
Learnhowrewardplanningcanbeusedtocutcompensa oncosts
Learnhowtobuildhighimpactcompensa onsystemsinarecession

Whoshouldattend?
SeniorHRexecu vesandprofessionalswhodevelopandadministerthecompensa onandbenets
planinanorganiza on.

Uniquebenefitstotheparticipants:
Getacomprehensive,informa onpackedcoursewareduringtheprogramandforbackhomeuse
LearnfromtheindustryexpertswhohaveavastexperienceintheareaofHR
Networkwithotherprofessionalswithsamebackgroundandinterest
Brandyourselfasacer edcompensa on&benetsmanager
Uniqueriskfreemoneybackguarantee
Yoursa sfac onisguaranteed

MODULE1:CompensationandBenefitsEnvironment
Theenvironmentalfactorseec ngcompensa onandbenets
Governmentregula on&socialsecurityincompensa on
Socialchanges&demographicsincompensa on
Changesincompensa onduetocollec vebargaining
Changesinthecompensa onadministra onduetooutsourcing&globaliza on

MODULE2:Rewards&BasicsofCompensation
Compensa onbasics
Componentsofcompensa onsystem
Equitytheory

MODULE3:BuildingInternalEquity
Jobdescrip on
Establishinginternalequity:jobevalua onmethods
Usingjobrankings
Crea ngjobgrading
Crea ngpointplans
Hayplanoverview

MODULE4:BuildingExternalEquity
Dierentaspectsofestablishingexternalequity
Salarysurvey
Designingsalarysurveys
Periodicityofsalarysurveys

MODULE5:BuildingIndividualEquity
Performancepayop ons
Buildingperformancepaysystems
Stepsinintroducingpayforperformancesystem
Payforperformance:thechallenges

MODULE6:BenefitPlans&TotalRewardPlanning
Benetplans
Mandatedbenets
Security/Insurancebenets
Re rementbenets
Timeorelatedbenets
Nonmonetaryperquisites
Monetaryperquisites
Cafeteriaplan/exiblebenetplans

MODULE7:TotalRewardPlanning
Rewardstrategyobjec ves
Componentsoftotalreward

Regards
SalesTeam
MiddleEarthHR