Certified Compensation and Benefits Manager Elegant Training Center

 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

This course is no longer available.

Certified Compensation and Benefits Manager Elegant Training Center
Price: AED 4,040
AED 8,080
100% Money Back Guarantee
No questions asked refund With a goal of giving you a worry-free and secure enrollment experience, We offer a 24 hour money-back guarantee. Just send us a refund request via email within 24 hours after first class and we will refund 100% of your payment, no questions asked!
Instructor led live virtual classroom online. Classes may be individual or in group.

    Course details

     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 Updated on 23 September, 2023

    Eligibility / Requirements

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

    About Elegant Training Center

    Elegant Professional and Management Development Training stands as a distinguished training center in Al Barsha1, Dubai, UAE setting the standard for excellence in face-to-face training programs. As a KHDA-approved and Autodesk Authorized center, we pride ourselves on offering affordable, effective, and industry-recognized courses across diverse fields, including Engineering & IT, Finance, Sales & Marketing, and HR & Administration.
    As a KHDA-approved center, our dedication to quality education is recognized by the regulatory authority, assuring you of our commitment to delivering courses that meet the highest standards.
    Moreover, being an Autodesk Authorized center in Dubai underscores our expertise in providing cutting-edge training in engineering and technology. See all Elegant Training Center courses
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