Dear Friends,
Middle Earth Consultants Pvt Ltd
Presents
Certified Compensation and Benefits Manager
A 2-day training program (non-residential)
When: 30th & 31st January 2009, at Kolkata
The Certified Compensation & Benefits Manager program, of Carlton Advanced Management Institute, USA, conducted in India in association with Middle Earth Consultants.
The overall aim of the program is to provide candidates with a good understanding and knowledge of compensation & benefits. In other words, to equip HR professionals with the importance of compensation & benefits so that they can comprehend the intricacies of compensation & benefits plans, basic reward systems, global trends in compensation & benefits, and link pay with performance for better planning.
By attending this workshop, you will learn:
- Understand what benefits employees are entitled to
- Understand the various kinds of tax laws and their prerequisites
- Learn the impact of culture and collective bargaining on compensation & benefits
- Understand the elements of compensation
- Create a total compensation plan
- Develop and administer benefit plans
- Be able to link pay to performance
- Set up incentive pay plans for the organization
Who should attend?
Senior HR executives and professionals who develop and administer the compensation and benefits plan in an organization.
Course Overview:
MODULE 1: Compensation and Benefits Environment
- The environmental factors affecting compensation and benefits
- Government regulation & social security in compensation
- Social changes & demographics in compensation
- Changes in compensation due to collective bargaining
- Changes in 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
What's ahead
Certified Recruitment Analyst
28th & 29th January 2009.
For registration, venue details, faculty profile, and investment details, please contact:
Bhaskar at URL: [https://www.citehr.com/misc.php?do=email_dev&email=Ymhhc2thcm1lY2luZGlhQG dtYWlsLmNvbQ==](https://www.citehr.com/misc.php?do=email_dev&email=Ymhhc2thcm1lY2luZGlhQG dtYWlsLmNvbQ==) and 09912233005
Thanks & Regards,
Bhaskar,
Regional Coordinator,
Middle Earth Consultants,
B.K.Estate, 3rd Floor,
Road No: 1,
Banjara Hills
Hyderabad - 500034
Tel: 040-64505818,
Mobile: 09912233005,
Email: URL: [https://www.citehr.com/misc.php?do=email_dev&email=Ymhhc2thcm1lY2luZGlhQG dtYWlsLmNvbQ==](https://www.citehr.com/misc.php?do=email_dev&email=Ymhhc2thcm1lY2luZGlhQG dtYWlsLmNvbQ==)
Location: Hyderabad, India
From India, Hyderabad
Middle Earth Consultants Pvt Ltd
Presents
Certified Compensation and Benefits Manager
A 2-day training program (non-residential)
When: 30th & 31st January 2009, at Kolkata
The Certified Compensation & Benefits Manager program, of Carlton Advanced Management Institute, USA, conducted in India in association with Middle Earth Consultants.
The overall aim of the program is to provide candidates with a good understanding and knowledge of compensation & benefits. In other words, to equip HR professionals with the importance of compensation & benefits so that they can comprehend the intricacies of compensation & benefits plans, basic reward systems, global trends in compensation & benefits, and link pay with performance for better planning.
By attending this workshop, you will learn:
- Understand what benefits employees are entitled to
- Understand the various kinds of tax laws and their prerequisites
- Learn the impact of culture and collective bargaining on compensation & benefits
- Understand the elements of compensation
- Create a total compensation plan
- Develop and administer benefit plans
- Be able to link pay to performance
- Set up incentive pay plans for the organization
Who should attend?
Senior HR executives and professionals who develop and administer the compensation and benefits plan in an organization.
Course Overview:
MODULE 1: Compensation and Benefits Environment
- The environmental factors affecting compensation and benefits
- Government regulation & social security in compensation
- Social changes & demographics in compensation
- Changes in compensation due to collective bargaining
- Changes in 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
What's ahead
Certified Recruitment Analyst
28th & 29th January 2009.
For registration, venue details, faculty profile, and investment details, please contact:
Bhaskar at URL: [https://www.citehr.com/misc.php?do=email_dev&email=Ymhhc2thcm1lY2luZGlhQG dtYWlsLmNvbQ==](https://www.citehr.com/misc.php?do=email_dev&email=Ymhhc2thcm1lY2luZGlhQG dtYWlsLmNvbQ==) and 09912233005
Thanks & Regards,
Bhaskar,
Regional Coordinator,
Middle Earth Consultants,
B.K.Estate, 3rd Floor,
Road No: 1,
Banjara Hills
Hyderabad - 500034
Tel: 040-64505818,
Mobile: 09912233005,
Email: URL: [https://www.citehr.com/misc.php?do=email_dev&email=Ymhhc2thcm1lY2luZGlhQG dtYWlsLmNvbQ==](https://www.citehr.com/misc.php?do=email_dev&email=Ymhhc2thcm1lY2luZGlhQG dtYWlsLmNvbQ==)
Location: Hyderabad, India
From India, Hyderabad
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