Certified Compensation and Benefits Manager

	Message From: venkatsubbarao	Total Posts: 1	Join Date: 01/04/2009
Rank: Beginner	Post Date: 01/04/2009 05:48:59	Points: 5	Location: India

Middle Earth Consultants Pvt Ltd
Presents
Certified Compensation & Benefits Manager
A two day training program (non-residential)
On 29th and 30th April At Bangalore

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

The overall aim of the program is to make the candidate have a good understanding and knowledge of compensation & benefits. In other words to equip the HR professional with the importance of compensation & benefits such that they are able to understand the intricacies of compensation & benefits plans, basic reward system, global trends in compensation & benefits and is able to link pay with performance for better planning. This program would equip the professionals with the skill and knowledge so that he/she is able to:
• Understand what benefits the employees are entitles to
• Understand the various kinds of tax laws and its 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 plan 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: Understanding compensation & benefits environment
• Legal issues
• Effects of social demographics/cultural issues

MODULE 2: Basics of reward systems
• Theories and constituents
• Cafeteria plans
• Flexible pay plans

MODULE 3: Basic competency planning
• Elements
• Creating plan
• Revising plan
• Executive pay

MODULE 4: Benefits practices
• Composition
• Developing benefit plan

MODULE 5: Building pay for performance & incentive schemes
• Linking pay to performance
• Administering variable pay schemes
• Setting up pay plans