Cash Compensation Programs Certification

with
John A. Rubino
Certification
From $695.00
Training Includes:
  • 5.0 HRCI, 5.0 SHRM
  • Cash Compensation Certification
  • All resources and training materials
  • An on-demand recording will be available after each live presentation.

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 program.

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

Confront post-pandemic compensation realities. Earn your Cash Compensation Programs Certification.

Compensation is changing dramatically after the pandemic. Employees have new expectations, the labor market has become ultra-competitive, and traditional metrics no longer work.

You need to design an internally equitable, externally competitive, and motivational cash reward system for your organization.

To help you attain this goal, we are offering a certification program filled with exercises and real-world pragmatic 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

Each session in this series focuses on a key area of compensation. We have packed a large volume of interesting and useful content into five engaging webinars.

Session 1 - Market Analysis

  • 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 Structures: Part 1

  • 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 - Pay Structures: Part 2

  • 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

  • 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 - Variable Pay

  • 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

Who Should Attend?

  • Human resources professionals
  • Business owners
  • Plant managers
  • Clinical staff
  • Operations managers
  • Safety managers
  • Location managers
  • Employee relations staff
  • Hiring staff
  • Division supervisors
  • Supervisors
  • Chief executives
  • Executive directors
  • Board members
  • Senior management
  • Managers
  • Development staff
  • Program directors

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.

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