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Learn the Types, Theories, Pay structure, Contingent pay and Compensation design with demo

What you will learn

You will learn the key factors in the Compensation Design and Administration

What is Compensation Management and the Scope, Factors, Process and Challenges of Compensation Management

Learn the Compensation Types, Theories, Pay structure, Contingent pay and Compensation design with demo

Learn different methodologies like Performance pay, Skill pay, Competence pay, Contribution pay and Service pay

Learn about the Skills required for Compensation management with demonstration on Pay structure and Payroll designing

Learn Strategic Compensation management processes like Executive Compensation with case study

This training will be useful if your job involves advising, managing and improving the compensation management or design processes even if you are not a HR Pr

This online course is packed full of professionally produced downloadable resources, which will enable you to start practicing immediately after completion.

Description

Description

Take the next step in your career! Whether you’re an up-and-coming professional, an experienced executive, aspiring manager, budding HR Professional. This course is an opportunity to sharpen your leadership and management abilities, increase your efficiency for professional growth and make a positive and lasting impact in the organization.

With this course as your guide, you learn how to:

All the basic functions and skills required for the compensation design and administration.

  • Transform your planning and efficiency capability for the current business climate
  • Get access to recommended templates and formats for common Payroll and Compensation Management.
  • Learn useful case studies, industry practices and demonstrations of different Compensation management practices or models with useful forms and frameworks
  • Invest in yourself today and reap the benefits for years to come

The Frameworks for Compensation Management Course

Engaging video lectures, case studies, useful frameworks, downloadable resources and sample models. This course is created to Learn how to be an effective Compensation Management practitioner, whether generalist or specialist. Learn Compensation Types, Theories, Pay structure, Contingent pay and Compensation design with demo

Management of compensation in the workplace is a matter of central concern to all managers and not only to HR professionals. Therefore, all managers, irrespective of their functional areas, are called on to solve problems that involve significant Compensation Management issues. Basic knowledge and better understanding of Compensation design would help them in solving such problems. This course aims at imparting knowledge on Compensation management with demonstration on Pay structure and Payroll designing plus different methodologies like Performance pay, Skill pay, Competence pay, Contribution pay and Service pay

The course includes Case studies, resources like formats-templates-worksheets-reading materials, and Strategic Compensation management processes like Executive Compensation with case study

In the first part of the course, you’ll learn the most common compensation management processes like Compensation Types, Theories, Pay structure, Scope, Factors, Process and Challenges of Compensation Management

In the second part of the course, you’ll learn how to improve your Strategic Compensation Management and Design. You will also learn the skills required for designing methodologies like Performance pay, Skill pay, Competence pay, Contribution pay, Service pay and Executive Compensation with case study

In the final part of the course, you’ll develop the ability analyse and design Compensation Management issues or scenarios with frameworks and models related to CTC Structure and Payroll administration. You will get full support and all your quarries would be answered guaranteed within 48 hours.

Downloadable Resources

  • Salary Structure of Grade 1 Executives with calculation methodology
  • Skill and Experience based Compensation structure
  • Grade based Compensation Policy
  • Rules for Statutory Deductions Exemptions Perquisites-Payroll
  • PMS & Compensation and Benefits
  • PMS Formats
  • Competency based pay
  • Skill set and behavior assessment template
  • Sample CTC Structure in Excel
  • Simple Excel Payroll Administration
  • Advance Excel Payroll Administration

Human and Emotion – h&e

Human Resource, Leadership, Career, Life skill and self-development coaching through E Learning, Consulting, Management books, Workshops and Organizational development

Description


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Take the next step in your career! Whether you’re an up-and-coming professional, an experienced executive, aspiring manager, budding HR Professional. This course is an opportunity to sharpen your leadership and management abilities, increase your efficiency for professional growth and make a positive and lasting impact in the organization.

With this course as your guide, you learn how to:

All the basic functions and skills required for the compensation design and administration.

  • Transform your planning and efficiency capability for the current business climate
  • Get access to recommended templates and formats for common Payroll and Compensation Management.
  • Learn useful case studies, industry practices and demonstrations of different Compensation management practices or models with useful forms and frameworks
  • Invest in yourself today and reap the benefits for years to come

The Frameworks for Compensation Management Course

Engaging video lectures, case studies, useful frameworks, downloadable resources and sample models. This course is created to Learn how to be an effective Compensation Management practitioner, whether generalist or specialist. Learn Compensation Types, Theories, Pay structure, Contingent pay and Compensation design with demo

Management of compensation in the workplace is a matter of central concern to all managers and not only to HR professionals. Therefore, all managers, irrespective of their functional areas, are called on to solve problems that involve significant Compensation Management issues. Basic knowledge and better understanding of Compensation design would help them in solving such problems. This course aims at imparting knowledge on Compensation management with demonstration on Pay structure and Payroll designing plus different methodologies like Performance pay, Skill pay, Competence pay, Contribution pay and Service pay

The course includes Case studies, resources like formats-templates-worksheets-reading materials, and Strategic Compensation management processes like Executive Compensation with case study

In the first part of the course, you’ll learn the most common compensation management processes like Compensation Types, Theories, Pay structure, Scope, Factors, Process and Challenges of Compensation Management

In the second part of the course, you’ll learn how to improve your Strategic Compensation Management and Design. You will also learn the skills required for designing methodologies like Performance pay, Skill pay, Competence pay, Contribution pay, Service pay and Executive Compensation with case study

In the final part of the course, you’ll develop the ability analyse and design Compensation Management issues or scenarios with frameworks and models related to CTC Structure and Payroll administration. You will get full support and all your quarries would be answered guaranteed within 48 hours.

Downloadable Resources

  • Salary Structure of Grade 1 Executives with calculation methodology
  • Skill and Experience based Compensation structure
  • Grade based Compensation Policy
  • Rules for Statutory Deductions Exemptions Perquisites-Payroll
  • PMS & Compensation and Benefits
  • PMS Formats
  • Competency based pay
  • Skill set and behavior assessment template
  • Sample CTC Structure in Excel
  • Simple Excel Payroll Administration
  • Advance Excel Payroll Administration

Human and Emotion – h&e

Human Resource, Leadership, Career, Life skill and self-development coaching through E Learning, Consulting, Management books, Workshops and Organizational development

English
language

Content

Introduction
Introduction to Certification in Compensation Management and Administrati
Basics of Compensation Management
Objectives of Compensation
Types of Compensation
Theories of Compensation
Concept of wages
Pay Structure
Kinds of Pay Structure
Essentials of Pay Structure
Factors Influencing Pay Structure
Steps in Compensation Administration
Challenges in Compensation Administration
Executive Compensation
Executive Compensation a case study
Objectives of Executive Compensation
Elements of Executive Compensation with case study
Criticism of Executive Compensation
Contingent Pay
Performance related pay
Competence related pay
Contribution related pay
Skill based pay
Service-related pay
Team based pay
Organization related pay
Compensation and Payroll Management Demo Session
CTC Structure Design
Simple Excel Payroll Administration
Advance Excel Payroll Administration
Compensation Administration Resources