Certificate in Compensation Management – (CCM)

Far Eastern University

Blended Learning setup:
Online and Face-to-Face classes

Date: June 1 – July 20, 2024 (Saturdays Only!)
Fee: Php 28,000.00 – Member + 12% VAT || Php 29,500.00 + 12% VAT – Non Member

Attracting employees and retaining the good ones can largely be traced to how well compensation and benefits are managed and administered. Good compensation and benefits administration is more than ensuring internal and external consistency of salaries and wages. The Certificate in Compensation Management (CCM) will help the participants understand the importance of compensation as a major concern of management. This will also provide knowledge on the different factors involved in compensation and what job evaluation is and its various methods.

Objectives:

a. To provide the participants with tools and techniques in identifying the various processes involved in attracting and retaining well-qualified individuals through effective compensation management.

b. To give the participants opportunities to practice their newly learned skills of developing company philosophy on compensation, analyzing jobs, developing effective job rating plans, conducting salary surveys, designing salary structures, developing fringe benefits and other reward programs, administering salary increases and identifying executive reward strategies. 

Course Outline:

        a.  Compensation Management Overview

        b.  Job Analysis

        c.  Job Description

        d.  Methods of Job Evaluation

        e.  Point Rating Plan

        f.  Job Rating Process

        g. Job Classification

        h. Salary Market Data

        i.  Development of Market Pay Lines

        j.  Designing Salary Structure

        k. Compensation Planning and Administration

        l. Benefits Planning and Administration

        m. Legal Aspects of Compensation

        n. Strategic Pay and Reward Platforms

        o. Executive Compensation Program

Facilitator:

For more details you may contact Mr. Neil Dalanon at neil.dalanon@pmap.org.ph