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Hi,
Middle Earth Consultants Pvt. Ltd
Presents
Global HR Certification in Compensation & Benefits Manager
8th & 9th February 2013
40 Hr certification Process
16 Hr workshop followed by guided project work of 24 Hr
The Certified Compensation & Benefits Manager program, of Carlton Advanced Management Institute, USA, done in India in association with Middle Earth Consultants.
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 is 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
Unique benefits to the participants:
â€Â¢ Get a comprehensive, information packed courseware during the program and for back home use
â€Â¢ Learn from the industry experts who have a vast experience in the area of HR
â€Â¢ Network with other professionals with same background and interest
â€Â¢ Brand yourself as a certified compensation & benefits manager
â€Â¢ Your satisfaction is guaranteed
By attending this workshop you̢۪ll learn:
â€Â¢ Understand the role of government regulation and social security in compensation globally
â€Â¢ Understand the 6 components of a compensation system
â€Â¢ Understand the 8 steps of how to build effective variable pay systems
â€Â¢ Learn how to build a point plan and a job grading system to create internal equity
â€Â¢ Understand how globalization, sociological and demographic changes effects compensation
â€Â¢ Understand how to create different levels of salary benchmarks
â€Â¢ Understand how the Hay Plan is built
â€Â¢ Understand mandated and cafeteria benefit systems
â€Â¢ Learn how reward planning can be used to cut compensation costs
â€Â¢ Learn how to build high impact compensation systems in a recession
Course Overview:
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
Who should attend?
Senior HR executives and professionals who develop and administer the compensation and benefits plan in an organization.
Middle Earth Advantage:
Trusted name in the training industry since 1997.
Trained more than 30,000 professionals at all levels, across the globe.
Client list of more than 400 companies.
Highest feedback of an average of over 4.5 on a 5-point scale.
Over 90% company retention rate.
For further details please contact
Sameena
HR Executive
E: sameena@mecindia.org
P: 91 8125120952
Visit: www.mecindia.in
John Samuel Y A The CLDM Program went on very well.I had a lot of learning & have a loads of confidence to carry forward to my organisation
Meenakshree Nanda Extremely well structured porogram with relevant insight to L&D .Amust for all HR & L &D Professional
Vasant Sanapala Its structured well
Clayton Victoria M A Good insight learning & development function & how to start from the basics
R M Prasad The content & way the program was facilitated,sustained the interest level through 2 days
Vshankar Informative.
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