Human resources expert John A. Rubino will share a wealth of information to help guide you in creating a comprehensive, organizationally-aligned total cash compensation.
What You'll Learn
- Analyze market salary survey data
- Create traditional base salary structures from scratch
- Develop flexible broadbanding approaches
- Design pay-for-performance variable cash compensation plans
Training Overview
Does your organization pay employees appropriately? Learn how to design an effective compensation plan.
Cash-constrained organizations are battling inflation and low unemployment to attract and retain quality employees. Adding to the challenge, you need to pay appropriate salaries and bonuses without also destroying your bottom-line results and breaking your budget.
By applying well-respected techniques, it is possible to build a compensation program that delights applicants and employees while avoiding cost overruns. With these valuable skills, you can reap impressive personal rewards as well, through job stability, career growth, and raises.
To help you attain these goals, we are offering a certification program filled with exercises and real-world programmatic examples. The Cash Compensation Programs Certification program will enable you to:
- Analyze market salary survey data
- Create traditional base salary structures from scratch
- Develop flexible broadbanding approaches
- Design pay-for-performance variable cash compensation plans
Cash Compensation Programs Certification
Session 1
- Compensation program objectives
- Strategic methodologies for building base pay structures
- Job evaluation techniques
- Techniques and protocols for interpreting salary market information
- Approaches for dealing with high-demand jobs
- Techniques for market pricing hybrid jobs
Session 2
- Pay structure design techniques and considerations
- Creating a base pay policy line
- Components and applications of pay grades
- Calculating range spreads and midpoint differentials
- Market pricing and point factor approaches
Session 3
- Hands-on, step-by-step exercises and pragmatic examples
- Maintaining base pay structures and keeping them up-to-date
- Salary compression and solutions
- Geographic differentials
Session 4
- Broadbanding and how it differs from traditional pay structures
- Defining control points and applying them to the broadbanding approach
- Reasons for adopting broadbanding
- Advantages and disadvantages of broadbanding
- Transforming a traditional base pay structure to a broadbanding system
- Examples of broadbanding applications
Session 5
- Eight-step design methodology for developing variable pay programs
- Quantitative and qualitative performance measures
- Cascading performance management approach
- Variable schedules using target, threshold, and maximum payout criteria
- Total cash variability approach
- Business performance variability and the effect on payout cycling
- Managed communication approach
- Ten criteria for success and pitfalls to avoid
This certification is part of the Compensation Metrics And Programs: 10-Session Professional-Level Certification found here.
Invest in Second Chance Retake Insurance
We recommend purchasing our Second Chance Retake Insurance for $49 which allows you to take the exam a second time without having to retake the Course. Should you need to retake the exam without purchasing Insurance beforehand the retake fee is $75. For additional information please refer here or reach out to Support@careerlearning.com.
Who Should Attend?
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Expert Presenter
John A. Rubino
- President and founder of Rubino Consulting Services (RCS), a global human resources consulting company based in New York
- Focuses on the design and implementation of corporate values/objectives and their linkage to human resources strategies, compensation analysis and program development, performance-driven incentive plans, sales compensation programs, performance management systems, management training programs, team dynamics, leadership skills, motivational training, and human resources communication programs
- Previously senior manager of human resources consulting services for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company
- Internationally acclaimed speaker, course developer, and seminar leader for WorldatWork and the American Management Association
- Author of Developing Compensation Programs: Job Analysis, Evaluation and Classification and Communicating Compensation Programs: An Approach to Providing Information to Employees
- Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), and Global Remuneration Professional (GRP), Senior Practitioner in Human Resources (SPHR), and a Master Reward Specialist (South Africa)
- BA from Wagner College
- MBA from the Lubin Graduate School of Business, Pace University
Credits
- This program has been approved for 5.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
- This program is valid for 5.0 PDCs for the SHRM-CP or SHRM-SCP.
Certifications
Employers particularly appreciate CareerLearning certifications because they represent definitive confirmation of the mastery of the subject area.
Please follow these steps to earn your certification:
- Attend all the training sessions in their entirety.
- Gain access to the final exam at the conclusion of the last session.
- Take the final exam and receive a score of 80% or better.
CareerLearning Quality Commitment
CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.