★★★★★
"The structure, the practice exams, the instructor — all top tier. Passed first try."
AS
Ranjan PradhanSenior Project Manager
— The journey
Course Outline
What the programme covers, module by module.
Module 1: Introduction to Compensation & Benefits
- Compensation fundamentals
- Employee benefits
- Purpose of reward management
- Direct and indirect rewards
- Financial and non-financial rewards
- Compensation terminology
Module 2: Compensation Strategy
- Compensation philosophy
- Business strategy alignment
- Workforce considerations
- Competitive positioning
- Compensation objectives
- Building a reward strategy
Module 3: Total Rewards Framework
- Total rewards concepts
- Base compensation
- Variable compensation
- Employee benefits
- Recognition
- Career and development rewards
Module 4: Job Analysis for Compensation
- Job analysis concepts
- Job responsibilities
- Skills and competencies
- Job requirements
- Job documentation
- Compensation-related job analysis
Module 5: Job Evaluation
- Job evaluation fundamentals
- Job value
- Ranking methods
- Classification methods
- Point-factor methods
- Job evaluation process
Module 6: Job Grading and Structures
- Job grades
- Career levels
- Grade structures
- Job families
- Grade progression
- Maintaining job structures
Module 7: Salary Structures
- Salary structure fundamentals
- Pay ranges
- Minimum, midpoint, and maximum
- Range spreads
- Salary bands
- Building salary structures
Module 8: Market Benchmarking
- Compensation surveys
- Market data
- Benchmark jobs
- Market percentiles
- Peer comparisons
- Interpreting salary data
Module 9: Market Positioning
- Market competitiveness
- Lead, match, and lag strategies
- Salary positioning
- Market reference points
- Competitive pay analysis
- Positioning decisions
Module 10: Base Pay Management
- Base salary concepts
- Starting salaries
- Salary progression
- Pay adjustments
- Salary reviews
- Managing base pay
Module 11: Variable Pay
- Variable compensation concepts
- Performance incentives
- Individual incentives
- Team incentives
- Organisational incentives
- Variable pay design
Module 12: Bonus and Incentive Plans
- Bonus structures
- Performance measures
- Incentive targets
- Payout approaches
- Plan communication
- Evaluating incentive effectiveness
Module 13: Employee Benefits
- Benefit programme concepts
- Health and wellbeing benefits
- Retirement-related benefits
- Leave benefits
- Workplace benefits
- Flexible benefit approaches
Module 14: Benefits Design and Administration
- Employee needs analysis
- Benefit selection
- Benefit eligibility
- Benefit enrolment
- Benefit communication
- Benefits administration
Module 15: Pay for Performance
- Performance-based rewards
- Performance differentiation
- Merit increases
- Performance ratings
- Reward allocation
- Connecting performance and pay
Module 16: Salary Review Process
- Salary review planning
- Review guidelines
- Budget allocation
- Manager recommendations
- Salary adjustment analysis
- Review communication
Module 17: Compensation Budgeting
- Compensation budgets
- Salary increase budgets
- Workforce cost analysis
- Benefit costs
- Scenario planning
- Budget monitoring
Module 18: Compensation Analytics
- Salary distribution
- Average and median pay
- Compa-ratio
- Range penetration
- Pay positioning
- Compensation trends
Module 19: Reward and Recognition
- Recognition fundamentals
- Monetary recognition
- Non-monetary recognition
- Recognition programmes
- Employee appreciation
- Measuring recognition impact
Module 20: Executive and Specialist Rewards
- Executive reward concepts
- Leadership compensation
- Specialist role rewards
- Short-term incentives
- Long-term reward concepts
- Reward differentiation
Module 21: Compensation Technology and Reporting
- Compensation management systems
- HRMS compensation modules
- Compensation dashboards
- Workforce cost reporting
- Reward analytics
- Digital compensation processes
Module 22: Building an Effective Reward Strategy
- Reviewing current reward practices
- Identifying workforce needs
- Defining reward priorities
- Designing compensation approaches
- Measuring reward effectiveness
- Continuous improvement
— 01.2 · Is it right for you?
Who it's for & what's included
Pick a delivery method to see exactly who it suits and everything you receive.
Who it's for
Classroom
Best for learners who want face-to-face tuition and to network with peers in person.
What's included
Everything you get
- ✓ Live instructor on-site
- ✓ Printed workbook & materials
- ✓ Group exercises & case studies
Who it's for
Online Instructor-Led
Best for learners who want a live instructor and a fixed schedule, without the travel.
What's included
Everything you get
- ✓ Live instructor via video call
- ✓ Digital workbook & resources
- ✓ Session recordings
Who it's for
Self-Paced
Best for self-motivated learners who need maximum flexibility around work and life.
What's included
Everything you get
- ✓ On-demand video lessons
- ✓ Interactive quizzes
- ✓ 24/7 access on any device
— About this course
Course Overview
This course provides practical knowledge of compensation and benefits management within modern organisations. Participants will explore compensation strategy, job evaluation, salary structures, market benchmarking, variable pay, incentives, employee benefits, pay analysis, total rewards, budgeting, analytics, and communication to support competitive and effective reward practices.