Certified Compensation and Benefits Manager Table of Contents


Table of Content
 

 

Introduction
  • Objectives of compensation management
  • Principles of compensation formulation
  • Types of wages and wage policies
  • Procedure and practices for wage determination
  • Compensation decisions
  • Compensation benchmarking
  • Compensation trends and practices in India
Economic Theories
  • Economic theories in compensation management
  • Employee compensation valuation
  • ESOPs and its pricing
  • Equity in employee benefits
  • Labour Markets and Trade Unions
Job design
  • Job Design
  • Job Analysis
  • Job Description
  • Job Evaluation and Assessment
  • Work Measurement
  • Management and Ergonomics
Performance-based compensation
  • Performance Management System (PMS)
  • Objectives and indicator of performance
  • Developing performance standards
  • Performance modeling techniques
  • Performance dimensions and performance observation scales
  • Competency-based pay
Team-based compensation
  • Employee evaluation system
  • Group incentive plans
  • Gain-sharing plan
  • Designing team-based compensation
  • Issue in rewarding teams
Executive Compensation
  • Theories and practices of executive compensation
  • Components and design of executive compensation
  • Factors affecting executive compensation
  • Executive compensation criteria
  • Techniques of performance measurement
  • Organizational strategies
Employee Motivation and benefits
  • Motivation and morale
  • Theories of employee motivation
  • Objectives of employee motivation
  • Types of employee benefits
  • Tax obligations
  • Statutory employee benefits in India
  • Employee benefits alternatives
  • Non-monetary benefits
  • Deferred compensation plan
Sales Compensation
  • Sales functions
  • Sales compensation plans and issues
  • Sales compensation design and administration
  • Sales incentives and motivation
Legal issues
  • Compensation and Income Tax Act, 1961
  • Tax implications
  • Wage fixation and legal interpretation
Quantitative Tools for Compensation Management
  • Variable Compensation plans
  • Retirement plans
  • Payroll management
  • Incentive determination and employee benefits
  • Group incentive payments
  • Overtime wages
  • Economic Value Added (EVA)
  • Quantitative analysis
International Compensation Management
  • Approaches to international compensation
  • Components of international compensation
  • Designing international compensation plans
  • Concept of variation
  • Cultural issues
  • Repatriation issues
Employees Provident Fund
  • Employees Provident Fund (EPF) Basics
  • EPF Features
  • EPF Forms
  • UAN
  • EPF Calculation and example
  • Online EPF Submission
  • EPFO Claim Status
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