Introduction
This course develops advanced compensation capabilities using tools such as job evaluation systems, salary survey analysis, incentive plan design, total rewards frameworks, and compensation modelling worksheets. It prepares participants to design competitive and strategic reward systems.
Course Objectives
- Conduct advanced market benchmarking.
- Apply job evaluation methodologies.
- Design incentive and rewards programs.
- Build competitive compensation structures.
- Use C&B analytics for decision-making.
Target Audience
- C&B specialists.
- HR managers.
- Payroll managers.
- HR analysts.
- Finance partners.
Course Outline
- 5 Sections
- 0 Lessons
- 5 Days
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- Day 1: Advanced Pay Structures0 Items• Job evaluation tools.
• Pay grade design.
• Salary band templates.
• Market positioning tools.
• Pay philosophy planning. - Day 2: Market Benchmarking0 Items• Survey interpretation tools.
• Compa-ratio analysis.
• Benchmarking worksheets.
• Pay movement strategies.
• Market alignment checklist. - Day 3: Incentive & Bonus Plans0 Items• Short-term incentive design.
• Long-term incentives basics.
• KPI-based bonus tools.
• ESOP fundamentals.
• Cost modelling worksheets. - Day 4: Benefits Strategy0 Items• Total rewards model.
• Benefits optimization tools.
• Vendor evaluation templates.
• Cost-benefit analysis tools.
• Benefits communication plans. - Day 5: C&B Analytics0 Items• C&B dashboards.
• Pay equity tools.
• Budget forecasting.
• Scenario modelling templates.
• Reporting formats.
Instructor
Lessons:
