Certified Compensation & Benefits Manager

Are you a passionate learner looking for growth and enhance your expertise in the area of compensation?
Are you not able to find adequate learning opportunities within your organization to learn and implement compensation practices?
By learning Compensation and its Benefits, you will learn to understand the role of government regulation & social security in compensation globally. You will also Understand how globalization, sociological and demographic changes & effects compensation.
We believe we can support your learning and growth in the area of compensation Our globally validated certification, Certified Compensation and Benefits Manager (CCBM), will not only help you master the topics compensation but also gives you practical understanding through project work with the support of our project coaches. Even after completion of the certification, you will also get our continuous support through applied learning coaching for 1 year at no extra cost.

By the end of the program you will learn:
- Understand the role of government regulation & social security in compensation globally.
- Understand how globalization, sociological and demographic changes & effects compensation.
- 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 to create different levels of salary benchmarks.
- Understand the Hay Plan.
- Understand mandated and cafeteria benefit systems & how reward planning can be used to cut compensation costs.
- Learn how to build high impact compensation systems.
Who should attend?
- Senior HR, HR Specialist
- Payroll officers, HR managers, HR Admin Manager
- Lead PMS and Talent Management
- Vice President HR, Deputy Manager
- Senior Executive-Com & Ben
- Head HR with more than 5 years’ experience
Middle Earth HR is an approved provider with the HR Certification Institute (HRCI) and recognized to offer recertification credits.

MODULE 1: Compensation And Benefit Environment
- Environmental Factors
- Governmental Regulation
- Laws affecting compensation
- Collective Bargaining
- Social Security
- Globalization / Technology
MODULE 2: Compensation Systems Overview
- Components Of Compensation System
- Equity Theory
MODULE 3: Building internal equity
- Overall process
- Job evaluation method 1 – Paired comparison
- Job evaluation method 2 – Job Grading
- Job evaluation method 3- Point plan
- Job evaluation method 4- Hay plan
MODULE 4: External Equity
- Overall Process
- Salary Survey
MODULE 5: Individual Equity
- Variable Pay Options
- Steps in introducing Pay for Performance
- Compensation & Recognition
MODULE 6: Benefit Plans
- Benefit Plans
- Cafeteria Plan
MODULE 7: Total Reward Systems
- Reward Strategy Objectives