4. Learn to create a total compensation and benefits plan administer it.
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bhaskar.vemula Started The Discussion:

Dear friends,

Middle Earth Consultants Presents
Certified Compensation & Benefits Manager
[IMG]file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/msohtml1/01/clip_image001.gif[/IMG]
Scheduled At Kolkata
On
21st & 22nd of Apri’09
[IMG]file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/msohtml1/01/clip_image001.gif[/IMG]
The Certified Compensation & Benefits Managerprogram, of Carlton Advanced Management Institute, USA, done in India in association with Middle Earth Consultants


Certified Compensation & Benefits Manager

AIM:

The overall aim of the program is to make the candidate have a good understanding and knowledge of compensation and benefits. In other words to equip the HR professionals with the importance of Comp & Ben such that he/she is able to understand the intricacies of Comp & Ben plans, Basic reward system, Global trends in Comp & Ben and is able to Link pay with performance for better Comp & Ben planning.
By the end of this program the participant would:

  • Understand what benefits the employees are entitled to
  • Understand the various kinds of tax laws and its perquisites
  • Learn the impact of culture and collective bargaining on Comp & Ben
  • Learn to appreciate the influence of technology & current trend in Comp & Ben
  • Understand the elements of Compensation
  • Create a total Compensation plan
  • Develop & Administer benefit plans
  • Be able to link pay to performance
  • Set up incentive pay plan for the organization


DESCRIPTION:

The program contains five modules designed in such a way that the candidate being trained is equipped with all the knowledge and practical competencies required to fully understand Compensation & Benefit and carry out such a planning successfully.


TARGET SEGMENT:

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

DURATION: 2 days


MODULE 1: UNDERSTANDING
COMP & BEN
  • Government regulations & guidelines

  • Effect of Social demographics/cultural issues

  • Compensation administration &
Internet

4 Fundamentals of Social Security
System
MODULE 2: BASIC REWARD SYSTEM

  • Theories affecting compensation

  • Constituents of reward system

  • Reward calculation Vs Remuneration calculation

  • Influences on total rewards

  • Cafeteria & flexible pay plans

  • Trends in compensation

MODULE 3: BASIC COMPENSATION
PLANNING

  • Elements of compensation

  • Factors to consider

  • Creating a total compensation plan

  • Revising a compensation plan


  • Global trends in Comp & Ben

  • How compensation committee sees executive pay?

MODULE 4 : BENEFIT PRACTICES


  • Types of benefit plans

  • Composition of benefit plans

  • Developing benefit plans

  • Administering benefit plans

MODULE 5: BUILDING PAY FOR PERFORMANCE AND INCENTIVES
SCHEMES
1.Goal setting for management performance pay

2.Linking pay to performance

3.Determining best pay to motivate employees

4.Determining jobs for suitable incentive pay

5.Types of incentive pay plans

6.Administering variable pay schemes

7.Understanding the rise in use of incentive pay

8.Setting up incentive pay plan for your organization



Certified Psychometric Testing Professional
February 25-26, 2009


Certified Learning & Development Manager
27th & 28th March ’09

Certified Trainer & Facilitator
23rd ,24th & 25th April’09

Certified Recruitment Analyst
26th & 27th May’09





For more details and registration, contact :Bhaskar on 09912233005 or mail back on

Middle Earth Consultants, 3rd Floor, B.K Estates, Road No.1, Banjara Hills, Hyderabad- 500 034, Andhra Pradesh (India)
www.mecindia.in


Attached FilesProvided by community member bhaskar.vemula. Join us to learn and grow with your peers.
File Type: pdf Certified Compensation & Benefits Manager.pdf (138.3 KB, 962 views)



 
 
 
 





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