Certificate in Compensation Management (CCM)

(in a Blended learning Set-up)

NOTE: This certificate program will run for 8 consecutive Saturdays in a blended learning setup (until further notice; (8AM/9AM – 12PM is an Online Class while the Afternoon session can be individual or group workshops or tasks to be done offline per facilitator’s instruction)

Attracting employees and retaining the good ones can largely be traced to how well compensation and benefits are managed and administered. Good compensation and benefits administration is more than ensuring internal and external consistency of salaries and wages. This course will help the students understand the importance of compensation as a major concern of management. This will also provide knowledge on the different factors involved in compensation and what job evaluation is and its various methods.

OBJECTIVES:

• To provide the students with tools and techniques in identifying the various processes involve in attracting and retaining well-qualified individuals through effective compensation management.

• To give the students opportunities to practice their newly learned skills of developing company philosophy on compensation, analyzing jobs, developing effective job rating plans, conducting salary surveys, designing salary structures, developing fringe benefits and other reward programs, administering salary increases and identifying executive reward strategies.

CONTENT:

Module

• Compensation Management Overview Module

• Job Analysis Module

• Methods of Job Evaluation Module

• Point Rating Plan Module

• Job Classification Module

• Salary Market Data Module

• Development of Market Pay Lines Module

• Designing Salary Structure Module

• Compensation Planning and Administration Module

• Benefits Planning and Administration Module

• Legal Aspects of Compensation Module

• Strategic Pay and Reward Platforms Module

• Executive Compensation Program

Facilitator:

For more details you may contact Ms. Jae Moreno at  jae.moreno@pmap.org.ph