India Pricing:
₹66,420
Learning Mode:
- Virtual - November 12, 2024 - November 14, 2024
6:30-9:30 PM (IST) - E-learning (On Demand)
Learn to build competitive market-related pay structures that support your organization’s compensation strategy and boost your odds of successfully attracting, retaining and motivating employees.
You’ll learn a methodology for conducting a competitive pay analysis; you’ll also be able to assess how your approach supports your organization’s hiring and retention goals, and compensation strategy.
The skills you gain will help you develop and design effective compensation packages, and confidently communicate to senior and executive leaders, people leaders, and employees about how their market-related compensation is determined.
What You Will Learn:
- Market pricing and business strategy, including, compensation philosophy, market position, and business life cycle.
- Market-based pay versus a pure market pricing approach – and the pros and cons of market-based job evaluations and pay design.
- Understanding salary survey data so you’ll know which options are most relevant for your business and employees.
- Leveraging salary survey data via aging, blending, adding a premium, weighting, modeling, and regression analysis.
Additional Information
The course is ideal for HR and compensation professionals responsible for salary benchmarking and compensation program development. It is also well suited to professionals who lead programs in total rewards, remuneration, compensation and benefits, as well as people leaders who want to better understand market pricing.
Knowledge of basic mathematical concepts is recommended, including mean, median, weighted average, compa-ratio, percentiles, and calculating percentages.
Course Credits
WorldatWork Certification
Successful completion of this course and its accompanying exam can be applied to the Certified Compensation Professional and Global Remuneration Professional certifications.
WorldatWork Recertification
Course and Exam - 2.0 credits
Exam Only - 0.5 credits
CEUs
1.6 credits
HRCI Recertification
16 credits
SHRM Recertification
16 credits
Policies
View our Return/Cancellation policies and more here.
"The Global Remuneration Professional (GRP®) has helped me gain essential knowledge to support our global rewards strategy thereby impacting our business. Being a member of WorldatWork has further opened doors for me to connect with my peers across the world and discuss the latest trends in the industry."
“I was keen to pursue a certification that would enable me to develop a global skill set. The Global Remuneration Professional (GRP®) certification is helping me gain skills, develop strategies for the business, and prepare for the next stage in my career. The quality of content is unparalleled, I would highly recommend GRP® to those looking to develop competencies in compensation management.”
Mitali Kainthla, General Manager, Rewards at Apollo Hospital"I was introduced to WorldatWork back in 2007 while at American Express when we were partnering to host them in India. Ever since, the CCP®/GRP® certification had been an enigma, until I took the test in 2014. The curriculum helps one learn concepts from level zero and the connection via online forums helps get a better understanding of topics one may have to deal with as a compensation professional. It is a close-knit community of professionals always willing to help each other grow."
Abhishek Mohanty, AGM, Performance & Rewards Organization at Merino Industries“Being a member of WorldatWork gave me access to a powerful platform to not only access the latest trends in the industry but also to connect with my peers and gain insights on how HR leaders across the world are addressing key people issues. The tools and resources made available by WorldatWork have enabled me to focus more on strategic issues. For me, WorldatWork is the true authority in the rewards and compensation and benefits space.”
“Aditya Birla Group’s Employee Value Proposition is “A World of Opportunities”. Rewards and Recognition is one of the important pegs of our EVP. WorldatWork has been our key partner for over a decade in enhancing the capability of our Rewards Center of Expertise teams. Programs like Global Remuneration Professional (GRP®), Executive Compensation Immersion Program, and other programs, provide our team practical and applied knowledge, the latest trends, and insights through the WorldatWork global community.”
Madhav Keswani, Group Head, Rewards and Benefits at Aditya Birla GroupContact today and join the LIVE virtual sessions for the GRP® certification in the India time zone at the earliest. Limited enrollments.