Certification in Compensation Management & Administration
Certification in Compensation Management & Administration, available at $44.99, has an average rating of 4.14, with 29 lectures, based on 254 reviews, and has 3643 subscribers.
You will learn about 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. This course is ideal for individuals who are Professionals with people management responsibilities and HR Professionals, Line Managers or Existing managers looking to get more engagement and innovation from their teams and organizations or Anyone interested in Human Resource or compensation Management It is particularly useful for Professionals with people management responsibilities and HR Professionals, Line Managers or Existing managers looking to get more engagement and innovation from their teams and organizations or Anyone interested in Human Resource or compensation Management.
Enroll now: Certification in Compensation Management & Administration
Summary
Title: Certification in Compensation Management & Administration
Price: $44.99
Average Rating: 4.14
Number of Lectures: 29
Number of Published Lectures: 29
Number of Curriculum Items: 29
Number of Published Curriculum Objects: 29
Original Price: $19.99
Quality Status: approved
Status: Live
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.
Who Should Attend
- Professionals with people management responsibilities and HR Professionals, Line Managers
- Existing managers looking to get more engagement and innovation from their teams and organizations
- Anyone interested in Human Resource or compensation Management
Target Audiences
- Professionals with people management responsibilities and HR Professionals, Line Managers
- Existing managers looking to get more engagement and innovation from their teams and organizations
- Anyone interested in Human Resource or compensation Management
New in 2023 Compensation Management:
Learn about Sales Compensation Management, A step by Step guide for implementation, three calculations excel. Get Case Study, Example and Software Options.
Thus, will help to create a robust compensation plan and business goal driven sales Team.
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.
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Transform your planning and efficiency capability for the current business climate
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Get access to recommended templates and formats for common Payroll and Compensation Management.
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Learn useful case studies, industry practices and demonstrations of different Compensation management practices or models with useful forms and frameworks
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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
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Salary Structure of Grade 1 Executives with calculation methodology
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Skill and Experience based Compensation structure
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Grade based Compensation Policy
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Rules for Statutory Deductions Exemptions Perquisites-Payroll
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PMS & Compensation and Benefits
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PMS Formats
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Competency based pay
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Skill set and behavior assessment template
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Sample CTC Structure in Excel
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Simple Excel Payroll Administration
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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
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction to Certification in Compensation Management and Administrati
Chapter 2: Basics of Compensation Management
Lecture 1: Objectives of Compensation
Lecture 2: Types of Compensation
Lecture 3: Theories of Compensation
Lecture 4: Concept of wages
Chapter 3: Pay Structure
Lecture 1: Kinds of Pay Structure
Lecture 2: Essentials of Pay Structure
Lecture 3: Factors Influencing Pay Structure
Lecture 4: Steps in Compensation Administration
Lecture 5: Challenges in Compensation Administration
Chapter 4: Executive Compensation
Lecture 1: Executive Compensation a case study
Lecture 2: Objectives of Executive Compensation
Lecture 3: Elements of Executive Compensation with case study
Lecture 4: Criticism of Executive Compensation
Chapter 5: Contingent Pay
Lecture 1: Performance related pay
Lecture 2: Competence related pay
Lecture 3: Contribution related pay
Lecture 4: Skill based pay
Lecture 5: Service-related pay
Lecture 6: Team based pay
Lecture 7: Organization related pay
Chapter 6: Compensation and Payroll Management Demo Session
Lecture 1: CTC Structure Design
Lecture 2: Simple Excel Payroll Administration
Lecture 3: Advance Excel Payroll Administration
Lecture 4: Compensation Administration Resources
Chapter 7: Bonus – Sales Compensation Management
Lecture 1: Sales Compensation Management
Lecture 2: Compensation Management Sample Calculation
Chapter 8: Different Compensation Benefits Structures and Strategy
Lecture 1: Benefits Management
Lecture 2: Different fringe and additional benefits in compensation
Instructors
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Human and Emotion: CHRMI
E Learning, Consulting, Leadership Development -
Abhisek Gupta
HR Leader, Author, Leadership & Management Coach, PM and OD
Rating Distribution
- 1 stars: 8 votes
- 2 stars: 11 votes
- 3 stars: 50 votes
- 4 stars: 83 votes
- 5 stars: 102 votes
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
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