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
Expand all sectionsCollapse all sections
- Day 1: Advanced Pay Structures• Job evaluation tools.
• Pay grade design.
• Salary band templates.
• Market positioning tools.
• Pay philosophy planning.0 - Day 2: Market Benchmarking• Survey interpretation tools.
• Compa-ratio analysis.
• Benchmarking worksheets.
• Pay movement strategies.
• Market alignment checklist.0 - Day 3: Incentive & Bonus Plans• Short-term incentive design.
• Long-term incentives basics.
• KPI-based bonus tools.
• ESOP fundamentals.
• Cost modelling worksheets.0 - Day 4: Benefits Strategy• Total rewards model.
• Benefits optimization tools.
• Vendor evaluation templates.
• Cost-benefit analysis tools.
• Benefits communication plans.0 - Day 5: C&B Analytics• C&B dashboards.
• Pay equity tools.
• Budget forecasting.
• Scenario modelling templates.
• Reporting formats.0
Instructor
Lessons:
