Certified Compensation & Benefits Manager Training - People Strategists
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Certified Compensation & Benefits Manager Training

The Certified Compensation and Benefits Manager Training program helps HR professionals understand the intricacies, basic reward system, global trends in compensation and benefits. They 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 that will attract

  • 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
  • Your satisfaction is guaranteed
  • 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  effects 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.

Program Outline

  • 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
  • Compensation basics
  • Components of compensation system
  • Equity theory
  • Job description
  • Establishing internal equity.
  • job evaluation methods        
  • Using job rankings      
  • Creating job grading        
  • Creating point plan
  • Hay plan overview.
  • Different aspects of establishing external equity
  • Salary survey
  • Designing salary surveys
  • Periodicity of salary surveys
  • Performance pay options
  •  Building performance pay systems
  •  Steps in introducing pay for performance system
  •  Pay for performance: the challenges
  •  Benefit plans
  • Mandated benefit
  • Security/Insurance benefits
  • Retirement benefits
  • Time off related benefits
  • Non-monetary perquisites
  • Monetary perquisites
  • Cafeteria plan/flexible benefit plans
  • Reward strategy objectives
  • Components of total reward

CCBM Program Testimonials

  • “Matched expectations. The Trainer clearly explained all aspects of Comp. & Benefits, job evaluations etc; very well.”
    Sandhya Nambiar
    Sr.HR-Business-Partner- Societe Generale
  • “Extremely satisfying experience.Covered most of the important aspects of Compensation & Benefits which are either ignored or are not being properly implemented by most of the companies.”
    Nitendra Singh Rautela
    Human-Capital-Manager-Vana Enterprises
  • “Good, able to understand basics of C&B, though having practical experience. It is very good content for hr professionals.”
    Harish Keluskar
    HR-Operations-Axis Bank
  • Ila Sharma CCBM
    A very beautifully crafted program which provided a holistic overview of C & B domain.
    Ila Sharma
    Manager - HRIS - United Health Group India
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