Compensation & Benefits Practice Certification
Compensation & Benefits Practice Certification
What is this Certification Compensation & Benefits Management Training Contains?
1. Compensation-Overview & Types
2. Determinants & Components
3. Compensation Survey
4. Fixing of Salary Ranges
5. Compensation & Benefits Interventions
6. Elements of Compensation
7. Compensation Structure
8. Total Rewards Program
Benefits of this Certification Program (Click here)
Benefits of this Certification Program
Certificate for Visibility
Online Study Material
100% Placement Assistance
Professional Alumni Status
Free Subscription of our HR Knowledge Portal
24X7 HR Help Desk
Topics Covered In This Training Program
- Definition
- Org Strategy
- Compensation & Benefits Standards & Practices
- Compensation Parity
- Direct Compensation
- Indirect Compensation (Benefits)
- CTC, Gross Salary, Net Salary
- Factors Affecting Compensation & Benefits
- Inputs to Determine Compensation
- Laws / Statutes that Govern
- Salary, wages – Definition, Purpose & Admn.
- Incentives
- Fringe Benefits – Extra supplement to Wages
- Perquisites – to Managerial Staff
- Sample Size
- Orientation
- Data Collection
- Normalization
- Salary Benchmarking
- Mean, Median & Mode
- Quartiles
- Fixing of Salary Ranges
- Recruitment
- Annual Increments
- Onetime Merit Pay
- Promotions
- Market Adjustment / Salary Correction
Calculation, Administration & Taxability of
- Basic Salary
- Allowances
- Retirals
- Variable Pay & Incentives
- Benefits
- Taxes
- Flexi Benefit Plan (FBP)
- How to fix Salary for a Particular Job Role
- Blend of 5 Elements in Right Proportion
Program Duration & Timings