Certification in Compensation Management & Administration
This course will teach you how to be a successful Compensation Management practitioner, whether you are a generalist or a specialist. With the demo, you'll learn about compensation types, theories, pay structure, contingent pay, and compensation design. Compensation management in the workplace is a major concern for all managers, not just HR professionals. As a result, all managers are called upon to solve problems involving significant Compensation Management issues, regardless of their functional areas. They would be better able to solve such problems if they had a basic understanding of compensation design.
Case studies, resources such as formats, templates, worksheets, and reading materials, and Strategic Compensation management processes such as Executive Compensation with case study are all included in the course. You'll learn the most common compensation management processes in the first part of the course, including Compensation Types, Theories, Pay Structure, Scope, Factors, Process, and Challenges of Compensation Management.
You'll learn how to improve your Strategic Compensation Management and Design in the second part of the course. With a case study, you will learn the skills needed to design methodologies such as Performance pay, Skill pay, Competence pay, Contribution pay, Service pay, and Executive Compensation. You'll gain the ability to analyze and design Compensation Management issues or scenarios using frameworks and models related to CTC Structure and Payroll administration in the course's final section.
Who this course is for:
- 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
Requirements
- You should have an interest in Compensation Management
- An interest in Human Resource Management
Course ratings: 4.4/5
Enroll here: https://www.udemy.com/course/certification-in-compensation-management-administration/