Compensation & Benefits | 5 Day Certificate Programme
In the face of an ever-changing business landscape, changing employee expectations, and growing scrutiny on equal pay for work of equal value, Compensation and Benefits strategies are under extraordinary pressure. Diverse skills such as strategic thinking and analytics have assisted in creating a future business-proof Compensation & Benefits programme - the Certificate in Compensation Management (CCM).
It is essential to attract and retain the right talent for any organisation by having the right compensation and benefits strategy. Considering this, HR professionals need to be able to understand and speak the language of Compensation and Benefits. Only then will they be able to truly understand the challenges and opportunities within this area of expertise, and the way that it can impact the company.
We give you practical, hands-on, and industry-relevant training with global recognition through our partner Institute for HR Management Education (iHRME) and accreditation via the South African Board for People Practices (SABPP).
Become a total rewards expert and learn everything you need to create a future-proof compensation and benefits strategy by developing modern skills ranging from strategic thinking to hands-on analytics. Give your career a boost and get ahead by learning the latest and most in-demand Compensation and Benefit skills from industry experts.
Why take your career to the next level with this in-demand programme?
Compensation and Benefits Analytics: Learn how to leverage benchmarking, understand data sources, and build a stronger Compensation and Benefits strategy.
Pay Gap Analysis: Interpret data to identify pay gaps, determine which drivers you can control, and draft an action plan. No one wants to pay their employees unfairly and taking a data-driven approach can help you safeguard equal work for equal pay. Learn how to interpret pay gap statistics, identify the key drivers of reward, and measure pay inequality.
Pay Principles: Dive into the job evaluation and grading process, and study various aspects of pay, including variable pay and the pay for cross-border workers, as well as the implications for HR. Acquaint yourself with job evaluation (grading) to better understand the role this plays in Compensation & Benefits. Learn about various aspects of pay, including guaranteed & variable pay, and the pay for cross-border workers and how these topics integrate with HR processes, including budgeting for salary costs.
Total Rewards Strategy: This programme will help attendees understand the full cycle of Compensation & Benefits strategy. Learn to develop a Total Rewards Strategy that includes a robust compensation structure, a benefits plan, well-being, and recognition programs. Learn to evaluate your Total Reward strategy based on external factors and considering internal influences, such as key stakeholders, company culture and HR challenges, enabling you to obtain buy-in and approval from interested parties. The Total Rewards strategy is a critical part of any organisation's toolkit when it comes to attracting and retaining the talent you need to thrive now and in the future.
This 5-day certificate programme equips attendees with the knowledge and skills needed to create an effective Compensation and Benefits strategy and Total Rewards model. From benchmarking salaries to job grading and from sales compensation to pay gap analyses, this comprehensive programme will help attendees drive business impact with your Compensation & Benefits initiatives.
Who should attend?
Ambitious HR professionals who understand the strategic importance of Compensation & Benefits in today's dynamic business environment. With a focus on practical and data-driven skills, attendees will be able to participate in the Compensation and Benefits conversations, manage projects and initiatives, and drive business impact with a powerful Compensation and Benefits strategy.
