Base Pay Administration and Pay for Performance

Course

India Pricing:

₹66,420

Learning Mode:

Virtual - June 4, 2024 - June 6, 2024
6:30-9:30 PM (IST)
E-learning (On Demand)

Gain a vital edge in the competition for talent by developing the right base pay salary structure – one that aligns with your organization’s compensation strategy and recognizes and rewards talented employees.

Through hands-on exercises and discussion, this in-depth course will give you the skills to design, implement, and evaluate a compensation strategy that attracts and retains your organization’s talent.

What You Will Learn:

See how base pay factors into Total Rewards.
Learn to design, implement, deliver, administer, and evaluate base pay programs.
Understand key concepts, such as broadbands, the market-pricing approach, point factor approach, and how to integrate market data.
Understand pay for performance and salary budgeting -- including merit increase guidelines and the components of a market-based salary budget.
See how to monitor pay levels, maintain pay structures, and understand compression.
Learn to integrate compensation plans and communicate during mergers and acquisitions.

Additional Information

This course is ideal for HR and compensation professionals who are getting started in developing pay structures. In addition, those leading total rewards, remuneration, and compensation and benefits programs will benefit, as will people leaders who want to better understand salary structures.

Knowledge of basic mathematical concepts is recommended, including mean, median, weighted average, compa-ratio, percentiles, and calculating percentages.

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Meet Our Faculty

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."

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

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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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