Hi,

Middle Earth Consultants Pvt. Ltd

Presents

Global HR Certification in Compensation & Benefits Manager

8th & 9th February 2013

40 Hr certification Process

16 Hr workshop followed by guided project work of 24 Hr

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

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



Unique benefits to the participants:

â€Â¢ Get a comprehensive, information packed courseware during the program and for back home use

â€Â¢ Learn from the industry experts who have a vast experience in the area of HR

â€Â¢ Network with other professionals with same background and interest

â€Â¢ Brand yourself as a certified compensation & benefits manager

â€Â¢ Your satisfaction is guaranteed



By attending this workshop you̢۪ll learn:

â€Â¢ Understand the role of government regulation and social security in compensation globally

â€Â¢ Understand the 6 components of a compensation system

â€Â¢ Understand the 8 steps of how to build effective variable pay systems

â€Â¢ Learn how to build a point plan and a job grading system to create internal equity

â€Â¢ Understand how globalization, sociological and demographic changes effects compensation

â€Â¢ Understand how to create different levels of salary benchmarks

â€Â¢ Understand how the Hay Plan is built

â€Â¢ Understand mandated and cafeteria benefit systems

â€Â¢ Learn how reward planning can be used to cut compensation costs

â€Â¢ Learn how to build high impact compensation systems in a recession



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





Who should attend?



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



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.



For further details please contact

Sameena

HR Executive

E: sameena@mecindia.org

P: 91 8125120952

Visit: www.mecindia.in