HI,

Middle Earth Consultants Pvt. Ltd

Presents

Global HR Certified Compensation & Benefits Manager

A workshop on compensation modeling and reward plan

26th & 27th July 2012 at Bangalore

The Certified Compensation & Benefits Manager program, of Carlton Advanced Management Institute, USA, done in India in association with Middle Earth Consultants.



Compensation and benefits is an emotive area, not only for the organizations but also for the employees. Establishing and managing a reward structure is one of the critical cornerstones of the human resource department. It is extremely important to design the right reward package that supports the business goals.



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



By attending this workshop you�ll learn:



Understand the role of government regulation and social security in compensation globally

Understand the 6 components of a compensation system

Understand the 8 steps of how to build effective variable pay systems

Learn how to build a point plan and a job grading system to create internal equity

Understand how globalization, sociological and demographic changes effects compensation

Understand how to create different levels of salary benchmarks

Understand how the Hay Plan is built

Understand mandated and cafeteria benefit systems

Learn how reward planning can be used to cut compensation costs

Learn how to build high impact compensation systems in a recession

Unique benefits to the participants:



Get comprehensive, information packed courseware during the program

And for back home use

Learn from the industry experts who have a vast experience in the area of HR

Network with other professionals with same background and interest

Brand yourself as a certified compensation & benefits manager

Unique �risk free� money back guarantee

Your satisfaction is guaranteed

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 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



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.

Avail group discounts

For commercials please contact

KAMAL R

MECINDIA

www.mecindia.in

M: 91.9700256837 O: 91.040. 64504988

E: kamal@mecindia.org

For more details click here: http://goo.gl/B3Ibd