Improving Performance with Variable Pay - India

Course

India Introductory Pricing

₹66,420

A smart approach to variable pay ensures increased employee motivation and higher workforce engagement that delivers extraordinary organizational performance and results.

In this course, you will learn how to design and manage effective programs for recognition, bonuses and incentives that meet your organization’s goals by motivating employees to perform their best.

What You Will Learn:

Common business strategies and how to align them with variable pay programs.
The different types of variable pay plans—including incentive plans, bonus plans, and recognition plans—and how they work.
Internal and external factors affecting variable pay.
A systematic process for designing a variable pay plan that includes three phases: pre-design, design and funding and distribution.
How to implement, communicate, and evaluate variable pay for program effectiveness.

Additional Information

This course is ideal for professionals who are responsible for designing, assessing, and maintaining variable pay plans, including HR and Finance teams. We recommend taking  Improving Performance with Variable Pay as the fourth course toward your CCP and GRP certification.

To get the most out of the course, you will need to have working knowledge of the WorldatWork Total Rewards model, the Total Rewards regulatory landscape and base pay systems.

You should plan to spend approximately 9 hours in a virtual class and 6 hours on self-guided work. Prework may be required in preparation for the first day of class.

You must pass the required certification exam accompanying this course to progress toward acquiring the CCP or GRP certification. A practice exam is provided within the course materials to test your readiness and help identify knowledge gaps where you might need additional study.

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Meet Our Faculty

WorldatWork Certification

Successful completion of this course and its accompanying exam can be applied to the Certified Compensation Professional (CCP®) and Global Remuneration Professional (GRP®) certifications.

WorldatWork Recertification

Course and Exam - 2.0 credits

Exam Only - 0.5 credits

CEUs

0.9 credits

HRCI Recertification

9 credits

SHRM Recertification

9 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."

Nikhil Vazirani, DGM – Group Center of Expertise at Aditya Birla Group

“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.”

Priyanka Tandon, Chief Operating Officer at Infinite Locus

“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 Group

Become a GRP®-Certified Expert in India

Contact today and join the LIVE virtual sessions for the GRP® certification in the India time zone at the earliest. Limited enrollments.

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