Certified Compensation & Reward Professional (CCRP) Self Paced

Certified Compensation & Reward Professional (CCRP) Self Paced

With many markets in the region gearing up for continued post-recession business growth, many employers are facing the challenge of aligning compensation and benefits practices with business strategies.

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Course Overview
  • Length 4 Months
  • Regular Fee $ 420.00
  • Special Fee $ 295.00
  • Payment Plan Available
  • Course Type Salf Paced
  • Review
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Discover everything you need to know about the Program.

International Recognition

The Certified Compensation & Reward Professional (CCRP) program is designed to provide HR professionals, compensation specialists, and organizational leaders with the knowledge and skills to design and manage effective compensation and reward systems. Compensation and rewards are critical components of employee engagement, retention, and organizational success. This course offers a deep dive into the fundamentals of compensation, tools and models for compensation management, pay surveys, reward strategies, and compliance with employment laws. Participants will gain hands-on experience in designing pay structures, evaluating jobs, conducting pay grading, managing tax calculations, and leveraging Excel for payroll. By the end of the course, participants will be equipped to create compensation strategies that align with organizational objectives and foster a motivated workforce.

    • Introduce participants to the fundamental concepts of compensation and benefits (C&B).
    • Provide tools and models for managing C&B systems effectively.
    • Explore strategies for developing reward systems that enhance employee motivation and retention.
    • Teach methods for conducting pay surveys and developing pay grading systems.
    • Equip participants with skills to design equitable and competitive pay structures.
    • Provide knowledge on job evaluation techniques and their role in compensation management.
    • Teach the process of conducting annual merit reviews and its impact on employee performance.
    • Develop skills to design incentive programs aligned with organizational goals.
    • Explain methods for managing employee tax calculations and compliance with laws.
    • Highlight the importance of technology, specifically Excel, in payroll management.

Concept of Compensation & Benefit

Concept, Tools & Models of C&B Management

Reward Management

Pay Survey-Stucters-Grades

Designing Pay Structure

Job Evaluation & Pay Grading

Annual Merit Review

Incentive Designing

Compensation & Benefit as per employment Law

Employee Tax Calculation & Management

Excel Session

Total Reward & Tax Mgt

Pre-Course Assignment

    • 11 Practical Focus Module
    • 3 Reference Book
    • Post Completion:
      • Electronic Certificate
      • Digital Badge via Credly.com
      • Printed Certificate available
  • Compensation & Benefits Management

    Proficiency in designing and managing systems that ensure fair and competitive compensation.

    Reward Strategy Design

    Expertise in creating reward systems that enhance employee engagement and retention.

    Pay Structure Development

    Skills to design pay structures based on job evaluation, pay grading, and market surveys.

    Compliance & Tax Management

    Knowledge of employment laws and tax regulations for effective compensation management.

    Merit and Incentive Planning

    Capability to design and manage merit reviews and incentive programs that drive performance.

    Analytical and Technical Skills

    Proficiency in using Excel and data analysis tools for payroll and compensation management.

    Strategic Thinking

    Ability to align compensation strategies with organizational objectives and workforce needs.

    Problem Solving & Decision Making

    Competence in addressing compensation challenges and implementing innovative solutions.

    By completing the CCRP program, participants will:

    • Understand the principles of compensation and benefits management and their strategic importance.
    • Apply tools and models to develop effective C&B systems tailored to organizational needs.
    • Design reward strategies that align with employee performance and organizational goals.
    • Conduct pay surveys and develop pay grading systems based on market trends.
    • Create fair and competitive pay structures that attract and retain talent.
    • Evaluate jobs effectively and align pay grading with organizational hierarchy.
    • Conduct annual merit reviews to enhance employee motivation and performance.
    • Develop incentive programs that drive individual and team productivity.
    • Manage employee tax calculations and ensure compliance with employment laws.
    • Use Excel for payroll management to streamline processes and ensure accuracy.
Features:

Features:
Duration: 4 Months
Short Video Materials: Yes
Mode of Learning: Self-Paced

Exam Method:

  • Number of Exams: 01
  • Number of Questions: 50 MCQ Questions
  • Duration: 60 Minutes
  • Total Marks: 100
  • Pass Mark: 70%

Assignment:

  • Total Assignments: 05
  • 01 Pre-Course Assignment (Learning Purpose)
  • 03 Class Based Assignment
    • Total Marks: 100
    • Pass Mark: 70%
  • 01 Capstone Projects
    • Total Marks: 300
    • Pass Mark: 70%

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