This CCBM training prepares professionals to design well-structured and cost-efficient compensation and benefit plans and to structure remuneration plans that provide the best value to the organization.
DurationCompensation and Benefits is part of Human Resource Management, which deals with determining employee compensation and benefits. The Certified Compensation and Benefits Management CCBM course in Dubai provides a comprehensive understanding of the compensation functions within an organization.
Through this CCBM course, professionals learn the fundamentals of compensation and benefits, the basic rewards system, and global trends in compensation and benefits.
Eligibility:
The Compensation and Benefits certification course in Dubai is appropriate for HR professionals seeking to enhance their understanding of compensation and benefits management. Anyone interested to enroll in this CCBM certification training course should have
Bachelor degree or higher
Minimum 5 years work experience in the compensation & benefits function
Career Opportunities
Market Trends: In the global employment market, compensation and benefits management is becoming a more essential part of organizations. Beroe Inc., a procurement intelligence firm, estimates the market of global employee benefits management to grow at a CAGR of 6%. The Fortune 500 companies are also putting heavy emphasis on employee compensation benefits to motivate their employees, leading to several career opportunities for professionals with CCBM certification.
Salary Trends: Professionals who work in compensation and benefits are integral to the management of human resources in any organization. In addition to their demand in the market, these professionals with Compensation and Benefits certification are also among the highest - paid in the global job market. In the United Arab Emirates, a Compensation & Benefits Manager typically earns around 309,954 AED per annum, according to PayScale.com.
Demand and Opportunities: The prevalence of compensation benefits management in organizations, have boosted the demand for professionals with CCBM certification. According to the U.S. Bureau of Labor Statistics, employment of compensation and benefits managers is estimated to grow at 4% from 2020 to 2030. Over the last few years, there have been about 1,500 job openings for compensation and benefits managers annually. These data suggest the rapidly growing demand for CCBM professionals.
Outline
Compensation and Benefits Environment
The environmental factors affecting compensation and benefits
Government regulation & social security in compensation
Social changes & demographics in compensation
Changes in compensation due to collective bargaining
Changes in the compensation administration due to outsourcing & globalization
Rewards and Basics of Compensation
Compensation basics
Components of compensation system
Equity theory
Building Internal Equity
Job description
Establishing internal equity: job evaluation methods
Using job rankings
Creating job grading
Creating point plans
Hay plan overview
Building External Equity
Different aspects of establishing external equity
Salary survey
Designing salary surveys
Periodicity of salary surveys
Building Individual Equity
Performance pay options
Building performance pay systems
Steps in introducing pay for performance system
Pay for performance: the challenges
Benefit Plans and Total Reward Planning
Benefit plans
Mandated benefits
Security/Insurance benefits
Retirement benefits
Time off related benefits
Non - monetary perquisites
Monetary perquisites
Cafeteria plan/flexible benefit plans
Total Reward Planning
Reward strategy objectives
Components of total reward
Key Takeaways:
Successful completion of our CCBM training, the candidate will be able to:
Understand the impact of government regulation and social security on compensation globally
Comprehend the six components of a compensation system
Build effective variable pay systems
Develop an internal equity system and a point plan
Learn how to create salary benchmarks at different levels
Build high - impact compensation systems
Accreditation:
Our Certified Compensation & Benefits Management course is accredited by ISO 9001: 2015 and the Knowledge and Human Development Authority (KHDA).
Alumni: Our academy graduates of HR certification courses in Dubai are successfully placed in some of the top - notch companies in Dubai like Jumeirah, Aramex, Airarabia, Damac, Emaar, etc. They are entrepreneurs, career changers, and lifelong learners.
Why Learners Point:
Being the leading provider of HR certification courses in Dubai, we have substantial experience in teaching relevant skills and knowledge.
Our CCBM course offers the following advantages:
Our Compensation & Benefits Management course is designed based on real - world scenarios, formulating and evaluating practical requirements
Our CCBM course in Dubai strives to provide a reality check and insight into the requirements of a challenging role and how to fulfill it
Our CCBM training provide live interactive sessions and hands - on experience through assignments associated with the actual work environment
To enhance the learning experience of our students we provide organized group sessions and integrated training modules through our CCBM course
Our discrete approach to career guidance enables our students to get successfully placed in renowned organizations
Overview:
Learners Point was inaugurated in 2001 and since then it has been providing quality training and development services to both individuals and the corporate sector.
It offers a wide range of professional courses, aimed at developing and enhancing professional capability and skills of employees and also corporations for that matter.
The programs offered by Learners Point Training Institute are cost effective, cutting edge and customizable. You can choose from a variety of learning modules like Instructor-led training, private classes, on-site training and Mentored Learning.
Areas:
Approved By:
Why Us:
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