Certified Compensation and Benefits Manager
3.0 /5- Offered byVSkills
Certified Compensation and Benefits Manager at VSkills Overview
Duration | 14 hours |
Total fee | ₹3,499 |
Mode of learning | Online |
Credential | Certificate |
Certified Compensation and Benefits Manager at VSkills Highlights
- Earn a certificate of completion from Vskills
- Get Lifelong e-learning access
Certified Compensation and Benefits Manager at VSkills Course details
- Job Design
- Performance Based Compensation
- Executive, Sales & Team Based Compensation
- Employee Motivation
- Quantitative Tools
- International Compensation Management
- This course covers the principal need of the organization which is establishing and maintaining a pay system which is fair to all
- Learn how to attract, retain, and motivate people for your business to succeed & how to build pay strategy, salary structure, short-term & long-term incentives, and benefits that are aligned to your business objectives
- This course will also give an overview of key technical skills which will help you in designing incentive plans & non-monetary methods of motivating employees
- Vskills Certification in Compensation and benefits assesses the candidate in various areas which include methods to ensure fair and equitable pay, conducting surveys to compare their compensation systems with other companies and ensuring that the firm’s pay scale complies with changing laws and regulations
Certified Compensation and Benefits Manager at VSkills Curriculum
Introduction
Objectives of compensation management
Principles of compensation formulation
Types of wages and wage policies
Procedure and practices for wage determination
Compensation decisions
Compensation benchmarking
Compensation trends and practices in India
Economic Theories
Economic theories in compensation management
Employee compensation valuation
ESOPs and its pricing
Equity in employee benefits
Labour Markets and Trade Unions
Job design
Job Design
Job Analysis
Job Description
Job Evaluation and Assessment
Work Measurement
Management and Ergonomics
Performance-based compensation
Performance Management System (PMS)
Objectives and indicator of performance
Developing performance standards
Performance modeling techniques
Performance dimensions and performance observation scales
Competency-based pay
Team-based compensation
Employee evaluation system
Group incentive plans
Gain-sharing plan
Designing team-based compensation
Issue in rewarding teams
Executive Compensation
Theories and practices of executive compensation
Components and design of executive compensation
Factors affecting executive compensation
Executive compensation criteria
Techniques of performance measurement
Organizational strategies
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