Certificate in Compensation & Reward Management

Outline

Session 1A: Introduction
Session 1B: The Key Components of Pay Market Benchmarking and Compensation Design
Session 2: Ingredient-1 of Pay Strategy
Session 3: Ingredient-2 of Market Data
Session 4A: Ingredient-3 of Grade Structure
Session 4B: Ingredient-4 of Months
Session 5: Simple Pay Benchmarking and Developing Grading and Basic Salary Structures
Session 6: Designing Salary Pay Scales and Compensation Structures
Session 7: Advanced Pay Benchmarking on “Total Cash Package” and on Each Component
Session 8: Implementing and Managing New Grading Structures and Salary Structures
Session 9: Advanced Techniques for Managing Market Pay Premium
Session 10A: Performance Management and the Goal of Linking Pay to Performance
Session 10B: Next Generation Performance Management
Session 10C: Managing Performance Ratings and Performance Distribution Curves
Session 11A: Managing the Annual Merit-Pay Review Process and Linking Pay with Performance
Session 11B: Knowing if Employees are Correctly Paid
Session 12A: The Role of Variable Pay Schemes
Session 12B: Performance Management and the Goal of Linking Pay to Performance
Session 13A: Types of Incentive Schemes and Critical Issues for Incentive Schemes
Session 13B: Bonus Scheme Designs and Alternatives for Company-Wide Plans (Excluding Sales)

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