Compensation & Benefits Evangelist Certification

1. What are Total Rewards?

2. Why are Total Rewards important?

3. Total Rewards Framework

4. Linking Rewards to business Strategy

5. Elements of Total Rewards: Compensation, Benefits, Career Growth, Work environment

6. Elements of Rewards Philosophy: Mark to market, Pay Parity, Positioning, Pay Mix, Instruments

1. What is equity?

2. Types of equity : Internal/External

3. Internal Equity is hinged around the job size (job evaluation)

4. Typical methods of job evaluation

5. Outcomes of job evaluation

1. Market Benchmarking

2. Defining theTarget 'Market': Industry, Specific Companies, Specific Roles etc

3. Comparing jobs across organizations

4. Interpreting benchmarking Outcomes

1. Understanding Org hierarchy: broad bands vs narrow hierarchy

2. Market positioning for each employee : Pay Parity

3. Pay Ranges and their importance

4. Typical terminologies pertaining to pay rnages: range spread, compa ratio, median progression, overlaps etc

5. How to design pay range, grades, functions, jobs.

1. STI

2. LTI