Certificate in Compensation Management

     

This exciting 5 day certification programme provides a detailed introduction into the essentials of Compensation Management. The content of this highly interactive programme enhances and reinforces the knowledge of effective remuneration practices and principles for all delegates, from Directors to Analysts.

We aim to inspire those that attend to actively pursue and apply lessons and to motivate performance excellence in the workplace.

This certification programme is for delegates to engage and discuss the achievement of positive results through the appropriate application of fundamental HR practices in Reward Management.

 

CERTIFICATE & ACCREDITATION

Upon completion of this programme (including an examination on the subject matter), successful participants will be awarded the “Certificate in Compensation Management” as issued by the Institute for Human Resource Management Education Inc. (iHRME), USA.

This programme has been accredited by the SA Board for People Practices (SABPP) towards professional development, and mastering the required skills in Compensation Management.

 

WHO SHOULD ATTEND?

  • Compensation/Remuneration/ Reward Professionals;
  • Finance Managers or Directors;
  • Human Resource Professionals;
  • Line Managers;
  • Recruitment Professionals;
  • Students pursuing a career in Reward Management.

PROGRAMME MODULES

  • Total Remuneration Management;
  • Base Pay Structure;
  • Base Pay Management;
  • Job Evaluation;
  • Costing Pay Systems;
  • Performance Management;
  • Variable Compensation;
  • Specific Employee Types;
  • Administration and Evaluation;
  • Examiniatioon

BENEFITS OF ATTENDING THE CERTIFICATE IN COMPENSATION MANAGEMENT PROGRAMME:

  • One exam
  • No professional body membership required
  • 5-day in class programme
  • Instructor led training and self-study
  • No recertification / continuous professional development (CPD) required
  • Can be used toward certification for the CPHRC certification
  • Gain competitive advantage in the skills market and Increase career visibility
  • Proven credibility within the Reward fraternity
  • Internationally recognised certification
  • Ability to utilise the CCM credential after your name

ELIGIBILITY REQUIREMENTS

No previous reward/ work experience required |

In order to understand and complete this programme successfully it is advised that you should have at least either of the following;
Attained any tertiary certification/ qualification in Human Resources and/ or
1 Year experience as a remuneration analyst

SUCCESSFUL COMPLETION OF EXAMINATION

  • Mark of 75% (pass)
  • Full attendance during the programme
  • Completion of all assignments and programme content

Human Resources Strategy

The Human Resources strategy is the strategy adopted by an organisation, with the aim of integrating an organisation’s culture, its employees and system by coordinating a set of actions to achieve the required organisational goals. It must be aligned to organisation’s mission, vision and strategy. The characteristics of the industry in which the organisation is to be analyzed and its competitive advantage need to be determined when developing the HR strategy.

 

Benefits of designing and implementing and effective Human Resources Strategy include;

  • Assists in ensuring that organisational objectives are met (link to strategy);
  • Attract and retain talented employees within the business;
  • Promote and reward the right behaviours within the business that drives a high performing organisational culture;
  • Ensure that HR Practices are fair and equitable for employees across the organisation, internally within the organisation & externally with the market;
  • Motivate employees to increase their productivity and continually improve their performance and output;
  • Enable equitable treatment between employees;
  • Create a healthy corporate culture leading to ethical conduct and pleased customers; and
  • Comply with workplace laws and regulations.