About the Certification Program

Professional Certificate Program on Compensation, Benefits and Total Rewards Design and Implementation

Are you taking on new job responsibilities? Looking to upskill your knowledge on the latest total rewards practices? This course teaches the fundamentals of developing a comprehensive total rewards package. Kick-start your Total Reward Specialist journey with comprehensive learning designed and delivered by Certified Faculty to keep you relevant in this dynamic working environment.

DUAL BENEFITS CERTIFICATE PROGRAM

5 out of 6 learners get positive career growth.

Salient Features of the Program

Benefits

4 COMPETENCIES, 40+ SKILLS DEVELOPMENT

COMPENSATION AND BENEFITS EXPERTISE

• Knowledge of compensation laws and regulations (FLSA, ERISA, tax laws)

• Designing salary structures and pay bands

• Conducting market benchmarking and salary surveys

• Managing performance-based compensation programs

• Understanding retirement plans (pensions, 401(k), ESOPs)

• Administering health, wellness, and insurance benefits

• Managing executive compensation and incentive plans

• Implementing global compensation strategies

• Ensuring compliance with labor laws and industry standards

• Reviewing and improving benefits offerings based on employee needs

DATA ANALYSIS AND FINANCIAL ACUMEN

• Conducting pay equity analysis

• Performing cost-benefit evaluations for compensation programs

• Budgeting for compensation and total rewards programs

• Using HR analytics tools for workforce planning

• Forecasting salary trends and financial impact on business

• Evaluating variable pay structures (bonuses, commissions)Understanding tax implications of compensation and benefits

• Designing financial models for salary planning

• Leveraging AI for compensation data insights

• Conducting audits for compliance and financial accuracy

COMMUNICATION AND STAKEHOLDER MANAGEMENT

• Developing compensation-related reports and presentations

• Communicating pay policies to employees clearly

• Negotiating with vendors for benefits programs

• Collaborating with HR and finance teams on rewards strategy

• Advising executives on compensation-related decisions

• Training managers on pay structure and benefits options

• Responding to employee inquiries about salary and benefits

• Facilitating town halls and workshops on total rewards

• Writing policies and documentation for compensation programs

• Strengthening employer branding through compensation transparency

STRATEGIC THINKING AND PROBLEM-SOLVING

• Aligning compensation strategies with business goals

• Designing competitive benefits packages to attract top talent

• Enhancing employee engagement through innovative rewards

• Addressing pay gaps and ensuring equity in compensation

• Adjusting rewards strategies for mergers, acquisitions, and expansions

• Customizing rewards for different workforce demographics

• Integrating remote and hybrid work policies into compensation

• Implementing flexible benefits options based on employee preferences

• Adapting compensation models in response to market changes

• Continuously improving rewards strategies based on employee feedback

Objectives Total Rewards: Modern Compensation, Benefits, and Rewards Certification

The objectives of the PMI's Total Rewards: Modern Compensation, Benefits, and Rewards Certification to validate skills of learners in :

• Build strong domain expertise in Total Rewards, including compensation, benefits, and incentive strategies

• Design pay structures and salary frameworks aligned with industry benchmarks and market competitiveness

• Master an effective approach to incentive planning, including bonus structures, stock options, and equity-based rewards

• Develop competency-based compensation models to drive organizational growth and employee retention

• Create an individual Total Rewards strategy that aligns compensation, benefits, and recognition programs with business objectives

• Evaluate pay equity and compensation effectiveness using benchmarking techniques and analytics

• Identify gaps in benefits administration through workforce feedback, engagement surveys, and cost-effectiveness analysis

• Emerge as a trusted advisor to leadership by providing data-driven insights for compensation decisions

• Understand global compliance and legal frameworks governing executive pay, incentives, and employee benefits

• Develop HR analytics metrics to measure total rewards program success and ensure continuous improvement

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Core Mentoring Concept:

Program Modules: Total Rewards Advanced Strategies

Program Structure

The Total Rewards Certificate is designed to teach you the fundamentals of designing, developing, and implementing an effective and sustainable total rewards strategy. Through five comprehensive course concepts and eight broader learning modules, you’ll learn all the key components:

1. Understanding the Total Rewards Philosophy and Value for Employees and Employers.

2. Building Blocks of Total Rewards:

• Define organization Philosophy

• Organization Design

• Job Mapping & Alignment

• Job and pay composable factors

• Compensation Bucketing

• Band & box based pay systems

• Health and Group Benefits

• Pension and Retirement Savings

• Learning, Career Development and Recognition

• Wellness and Work/Life Balance

• Advanced Total Rewards structure design

3. Developing stakeholder partnerships and getting leadership/cross-functional team buy-in

4. Implementation and Effective Total Rewards Communications

5. Review, Assess and Revisit

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Key Takeaways

• 30 Hours Of Action-Oriented Online Learning

• Guaranteed Opportunities For Career Growth

• Practice Materials and DIY Toolkits

• Recorded Videos of All Sessions

• Completion Certificate

• Pre Course Online skill Assessment

• Post Course Completion Online Assessment for Certification

• Certified Total Rewards Specialist Certificate

Who Can Join?

The CCBT Certification suits HR professionals, Learning and Development Specialists, Organizational Development Consultants, Managers, Team Leaders, aspiring Talent Development Professionals, Payroll Consultants, and anyone enthusiastic about fostering talent and driving organizational advancement. No prerequisites are required

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Program Schedule

[Syllabus]

This course is structured into Five modules. The basic structure of the courses is as follows:

MODULE 1: COMPENSATION STRATEGY & PAY STRUCTURES

Objective: Develop expertise in compensation design, pay structures, and legal compliance.

Chapter 1: Understanding Compensation Frameworks

• Fundamentals of compensation strategy

• Linking pay structures to business objectives

• Case study: Global compensation challenges

Chapter 2: Market Benchmarking & Pay Equity Analysis

• Conducting salary surveys

• Using compensation data analytics

• Practical exercise: Benchmarking against industry standards

Chapter 3: Designing Salary Structures & Pay Bands

• Job evaluation methods (Point Factor, Market Pricing)

• Creating competitive salary bands

• Hands-on workshop: Developing a salary grid

Chapter 4: Legal Compliance in Compensation

• FLSA, ERISA, and global labour laws (Indian Labour laws)

• Managing pay equity and anti-discrimination policies

• Case study: Pay equity audit of a multinational company

MODULE 2: BENEFITS ADMINISTRATION & EMPLOYEE WELLNESS

Objective: Learn how to design and manage benefits programs to enhance employee experience.

Chapter 1: Designing Health & Wellness Benefits

• Core elements of health insurance

• Wellness programs that impact retention

• Real-world case study: Google’s wellness initiatives

Chapter 2: Retirement & Long-Term Benefits

• Pension plans vs. 401(k)

• Tax implications of retirement benefits

• Practical exercise: Structuring a retirement benefits plan

Chapter 3: Flexible Work & Non-Monetary Rewards

• Paid time off, parental leave, remote work

• Impact of non-financial benefits on employee satisfaction

• Interactive workshop: Building a flexible benefits package

Chapter 4: Vendor Negotiation & Benefits Communication

• Managing relationships with insurance providers

• Communicating benefits effectively to employees

• Role-play exercise: Conducting a benefits Q&A session

MODULE 3: TOTAL REWARDS STRATEGY & EMPLOYEE ENGAGEMENT

Objective: Build holistic total rewards programs that drive motivation and retention.

Chapter 1: Total Rewards vs. Compensation & Benefits

• Defining total rewards strategies

• Global trends in rewards systems

• Case study: How LinkedIn redesigned its rewards program

Chapter 2: Performance-Based Rewards & Incentives

• Short-term vs. long-term incentives

• Linking pay to performance metrics

• Practical activity: Structuring a pay-for-performance model

Chapter 3: Employee Recognition & Retention Programs

• Psychological impact of rewards on engagement

• Designing personalized recognition strategies

• Hands-on project: Creating a company-wide rewards framework

Chapter 4: Equity Compensation & Executive Pay

• Stock options, RSUs, and executive bonuses

• Managing high-level compensation strategies

• Real-world analysis: Executive pay in Fortune 500 companies

MODULE 4: DATA ANALYTICS, BUDGETING & COMPLIANCE

Objective: Develop financial acumen to manage compensation costs and ensure compliance.

Chapter 1: Compensation Budgeting & Forecasting

• Salary planning and cost analysis

• Allocating budgets for total rewards programs

• Case study: Cost optimization in compensation planning

Chapter 2: Pay Equity & Workforce Analytics

• Conducting pay equity audits

• Using HRIS & analytics tools

• Practical exercise: Data visualization for compensation insights

Chapter 3: Compensation Risk & Compliance Management

• Managing financial risks in total rewards programs

• Navigating taxation and legal concerns

• Simulation: Handling compliance issues in compensation

Chapter 4: AI & Future Trends in Compensation Analytics

• AI-driven compensation planning

• Predictive analytics for rewards decision-making

• Hands-on workshop: Implementing AI in compensation strategies

MODULE 5: COMMUNICATION, LEADERSHIP & STAKEHOLDER MANAGEMENT

Objective: Strengthen communication and leadership skills to influence compensation decisions.

Chapter 1: Communicating Compensation & Benefits to Employees

• Transparent pay policies and employee education

• Handling tough compensation conversations

• Practical exercise: Conducting a total rewards presentation

Chapter 2: Stakeholder Management & Cross-Functional Collaboration

• Working with HR, finance, and leadership teams

• Balancing employee satisfaction and cost efficiency

• Case study: Aligning compensation with business strategy

Chapter 3: Negotiation Skills for Compensation Professionals

• Vendor negotiation for benefits

• Executive pay discussions and employee negotiations

• Role-play simulation: Conducting pay discussions with managers

Chapter 4: Leadership & Change Management in Compensation Policies

• Driving strategic pay and benefits transformation

• Adapting total rewards to market changes

• Real-world workshop: Leading a compensation redesign project

Program Delivery Approach

• Real Case Studies: Includes examples from global corporations.

• Hands-On Projects: Learners design compensation structures and benefits plans.

• Interactive Workshops: Practical application with real-world scenarios.

• Role-Play & Simulations: Engaging exercises to develop communication and negotiation skills.

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Enroll Now to become Certified Learning & Development Specialist

Pre-Assessment

Assess Your Current skills in Total Rewards Management to align your self with the specialist abilities

Practices with Experts to build your capabilities in Compensation and Benefits Expertise , Data Analysis and Financial Acumen , Communication and Stakeholder Management and Strategic Thinking and Problem-Solving

Evaluate Your Nurtured Ability Post Program Completion and become Certified Total Rewards Specialist

LIVE Training

Post Assessment & Certification