Certified Compensation and Benefits Manager

How It Works

  1. 1. Select Certification & Register
  2. 2. Receive a.) Online e Learning Access (LMS)    b.) Hard copy - study material
  3. 3. Take exam at chosen Date and Venue
  4. 4. Get certified & Increase Employability

Test Details

  • Duration: 60 minutes
  • No. of questions: 50
  • Maximum marks: 50, Passing marks: 25 (50%).
  • There is NO negative marking in this module.
  • 70 exam centres in India.

Benefits of Certification

Deliverables

e-learningHard CopyPractice Test
Rs.3,499 /-
Sample Chapter Download Brochure

Why should I take Compensation and Benefits Manager certification?

This course covers the principal need of the organization which is establishing and maintaining a pay system which is fair to all. Learn how to attract, retain, and motivate people for your business to succeed & how to build pay strategy, salary structure, short-term & long-term incentives, and benefits that are aligned to your business objectives. This course will also give an overview of key technical skills which will help you in designing incentive plans & non-monetary methods of motivating employees.

Learn & Study

  • Job Design
  • Performance Based Compensation
  • Executive, Sales & Team Based Compensation
  • Employee Motivation
  • Quantitative Tools
  • International Compensation Management

How will I benefit from Compensation and Benefits Manager certification?

Vskills Certification in Compensation and benefits assesses the candidate in various areas which include methods to ensure fair and equitable pay, conducting surveys to compare their compensation systems with other companies and ensuring that the firm’s pay scale complies with changing laws and regulations. An important part of the Compensation and benefits manager’s role is performance evaluation. This area also forms the part of the assessment.

Companies that hire Certified Compensation and Benefits Manager

Vskills Certified Compensation & Benefits Manager finds employment in various companies like Adecco, Mercer India, TeamLease Services Limited, Bajaj Capital Limited, Ikya Human Capital Solutions, ABC Consultants, Ma Foi Randstand.

Compensation and Benefits Table of Contents

https://www.vskills.in/certification/Certified-Compensation-and-Benefits-Manager-Table-of-Contents

Compensation and Benefits Course Outline

https://www.vskills.in/certification/Certified-Compensation-and-Benefits-Manager-Course-Outline

Compensation and Benefits Tutorial

https://www.vskills.in/certification/Certified-Compensation-and-Benefits-Manager-Learning-Resources

Compensation and Benefits Sample Questions

https://www.vskills.in/certification/Certified-Compensation-and-Benefits-Manager-Sample-Questions

Compensation and Benefits Mock Test

http://www.vskills.in/practice/quiz/Compensation---Benefits-Manager

 

Apply for Compensation and Benefits Certification

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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
ESI
  • ESI Basics
  • ESI Registration for Organization
  • ESI and Wages
  • ESI Contribution
  • Online ESI Contribution Submission



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