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Home Programs Human Resources Management Certified Compensation and Benefits Professional
Certified Compensation and Benefits Professional
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Program Objectives:
By the end of the program, participants will be able to:
  • Define and clearly understand the importance of compensation to the overall aims of Human Resources management.
  • Design a comprehensive compensation system.
  • Examine and comment on the benefits of job evaluation and choose an appropriate system.
  • Assess and provide advice on regional compensation practice.
  • List the principal steps in a compensation survey and answer the question "why is job matching critical to the success of any compensation survey?"
This program is designed for:

Professionals with at least 2-3 years experience in the compensation and benefits field and HR generalists who wish to enhance their knowledge and skills in this important area of Human Resources. Successful candidates on this program will be awarded Meirc’s Professional Certificate (MPC). This Meirc program is also approved by the HR Certification Institute (HRCI). Credit Hours = 30

Fees in US$:

Per participant $4,300
Frequent nomination $3,870

(including coffee breaks and a buffet lunch daily)

Discount Plans, Refunds & Cancellations Policy
Locations & Dates:
31 Mar - 04 Apr 2013
Dubai, English
The Address Dubai Marina map
Completed
10 - 14 Nov 2013
Dubai, English
Al Bustan Rotana Dubai map
Register
Meirc reserves the right to alter dates, content, venue and trainer with a reasonable notice time.
One extra free place for every 2 paid nominees
Delivery Type: Group-Live
Pre-requisites: None
Related Programs:
HR Certification Institute (HRCI)

The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit.
Program Outline

Managing Compensation – An Overview

  • Compensation Objectives
  • Total Compensation
  • Direct and Indirect Compensation
  • Equitable, Value Adding, Competitive and Motivating Compensation

Job Analysis and Job Descriptions

  • Uses of Job Descriptions
  • Job Analysis Explained
  • Carrying Out the Job Analysis Process
  • A Typical Job Description Explained
  • Job Analysis – A Summary

Job Evaluation

  • Job Evaluation – A Definition
  • Job Evaluation Systems
  • Introduction to the Meirc System
  • Introduction to the Hay System
  • The Job Evaluation Process – Sources of Error

Compensation Systems

  • Objectives of Compensation
  • Decisions to Be Taken
  • Designing Base Salary Structures
  • Allowances
  • Benefits
  • Important Considerations in Compensation
  • Managing your Compensation Programs

Competitive Compensation

  • Staying Competitive
  • Designing and Carrying Out Compensation Surveys
  • Four Basic Survey Methods
  • Data Requirements
  • Issues Related to the Implementation of Change

Performance-Based Rewards

  • The Definition of Performance Management
  • Objectives of Performance Management
  • Current/Prevailing PM Systems
  • Rewarding Performance
  • Rewarding the Right Behaviors and Results
  • Key Performance Indicators (KPIs)