Master the art of designing competitive
pay structures and rewards strategies
Features of the program
What you learn?
Introduction to Comp & Ben Management
Definition, Scope & Strategic Role, Key components, Common myths and realities.
Job Evaluation and Pay Equity
Job Evaluation Methods, Internal & External Equity, Managing Pay Gaps, Conducting Salary Audits, Compliances & Legal Implications.
Employee Benefits Administration
Types of employee Benefits, designing Flexi Benefit Programs, Employee Wellness Programs, Legal & Tax Implications, Communicating Benefits to Employees
Comp & Benefit Strategy
Linking compensation to business strategy, building a Total Rewards Strategy, Communicating the C&B strategy to stakeholders, Global vs. local C&B strategies
Global Compensation Practices
Global pay systems and challenges, Cultural differences in compensation expectations, Expatriate compensation packages, Cross-border taxation and compliance, Managing multi-national benefits programs.
Designing C&B or Salary Structures
Principles of Salary Design, Grading & Pay Bands, Market Benchmarks & Salary Surveys, Fixed Vs Variable Compensation, Geographic and Industry Differentiations.
Incentives & Bonus
Types of Incentive Programs, Short Term & Long-Term Incentives, Bonus Calculation, Non-Monetary Rewards & Recognition.
Legal & Regulatory Compliance
Wage Laws, Taxation of Compensation & Benefits, Anti-Discrimination Laws Vs C&B, Legal requirements for executive compensation, Best Practices.
Tools & Technology in C&B Management
HR technology for compensation planning, Benefits management platforms, Analytics and AI in compensation decision-making, Employee self-service portals for C&B, Payroll software integration with C&B
Metrics & Reporting in C&B
Key C&B metrics, Building C&B dashboards and reporting, ROI of compensation strategies, Continuous improvement in C&B programs.
A well-designed compensation and benefits package is a key driver of employee engagement, retention, and productivity. - Society for Human Resource Management.
Benefits You Get
Advantages of the Program
FAQ
Find Out Answers Here
Register online through our website or contact our support team at +91 8977004040 /upskill@nrichhracademy.com.
This course is ideal for experienced HR professionals and managers looking to transition into or excel in the HR Business Partner role.
While experience in HR is recommended, the program is open to anyone looking to gain strategic HR skills.
The sessions are conducted live online, with opportunities for interactive participation, Q&A, and real-time discussions.
Career advancement opportunities, higher salary potential, and recognition as a certified HR Generalist.
Yes, comprehensive study guides, presentation slides, and additional resources will be provided for reference
Approach the support team and schedule a makeup session with their help upon need.
Our certificate is recognized by industry leaders and HR organizations.
Lifetime validity. Further revisions will be notified and will be provided through workshops.
Yes, 100% placement support will be provided by guidance to resume building, proactive job search and interview preparation.
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Continuing NRich HCM Solutions' legacy, NRich’s HR Academy expands People Management Training & Research with greater depth and reach.
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