Certified Compensation and Benefits Manager Elegant Training Center
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.
- Other Location: Al Barsha - Dubai
- Duration: Upto 2 Days
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.
Job roles this course is suitable for:
HR Manager , Compensation & Benefits Specialist , Manager Human Resources (Benefits)Course Location
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
- Caring for Elderly People Lead AcademyAED 92
AED 1,836Duration: Upto 4 Hours - Recruitment and Resourcing Training ExpressAED 69
AED 1,396Duration: Upto 4 Hours