Compare courses
Register
ICTD International Centre for Training and Development

Certified Compensation Professional (CCP) From World at Work Society

Jun 9—13
5 days
Dubai, United Arab Emirates
USD 3300
USD 660 per day
Aug 18—22
5 days
London, United Kingdom
USD 5000
USD 1000 per day

How it works

Description

Recognized as the world’s standard since 1976, the Certified Compensation Professional (CCP) designation is known throughout the rewards community as mark of expertise and excellence in all areas of compensation.

Course Objectives

On completing this program, participants will:

  • Principles and benefits of competency-based interviews
  • Developing effective interview questions in alignment with job requirements and selection criteria
  • Interviewing skills and techniques including active listening, probing, questioning, reading nonverbal clues or body language
  • Assessing the candidate and making recommendations
  • Human Behavior

Course Outline

Total Rewards Management:

Attract, Motivate and Retain Employees with an Effective Rewards Program

  • Gain an understanding of total rewards management
  • Discover the five elements of total rewards
  • Understand the critical role of the main drivers — organizational culture, business strategy and human resources strategy
  • Learn the process of designing a successful total rewards strategy

Accounting and Finance for the Human Resources Professional

Learn to Speak the Language of Business

  • Identify the key financial components of the annual report
  • Describe the importance of cash flow to companies and shareholders
  • Focus on the measures and processes used to assess companies’ financial health
  • Recognize the measures that are affected directly or indirectly by the HR function
  • Explore methods of financing the business and financial planning issues
  • Focus on the relationship between the HR department and the finance department

Quantitative Methods

Understand HR Statistics

This course focuses on general quantitative concepts, basic statistical tools, the mathematics of total compensation design and administration, mathematical modeling, and regression analysis. Participants learn to consider data from numerous sources, with an emphasis on problem solving and decision making.

  • Learn basic quantitative concepts and the four levels of measurement
  • Understand how to define and compare percents, market index and compa-ratios
  • Study the time value of money—including compound interest and the compound salary growth rate
  • Find out how to collect, analyze and accurately display statistical data
  • Learn how to determine central tendency and measures of central location
  • Discuss measures of variability
  • Explore shapes of distribution
  • Gain an understanding of modeling and regression analysis

Quantitative Principles in Compensation Management

Master HR Statistics with Excel

  • Learn basic quantitative concepts and the four levels of measurement
  • Learn how to define and compare percents, market index and compa-ratios
  • Study the time value of money - including compound interest and the compound salary growth rate
  • Learn how to collect, analyze and accurately display statistical data
  • Learn how to determine central tendency and measures of central location
  • Discuss measures of variability
  • Explore shapes of distributions
  • Gain an understanding of modeling and regression analysis

Strategic Communication in Total Rewards

Make Sure Employees 'Get It'

  • Learn the rationale for strategically planning a communication campaign.
  • Discuss the characteristics of effective communication.
  • Obtain an understanding of the eight steps of the communication process.
  • Identify the appropriate communication channel to deliver the message.
  • Review specific total rewards communications considerations and special situations.
  • Find out how to effectively and efficiently manage your communication campaign.

Regulatory Environments for Compensation Programs

Learn U.S. Federal Requirements All Compensation Professionals Should Know

  • Analyze the labor regulations that focus on either a specific type of employer or have been utilized in compensation disputes.
  • Examine the many issues related to FLSA, including record-keeping requirements and potential penalties.
  • Explore discrimination legislation relating to compensation.

Job Analysis, Documentation and Evaluation

Matching the Right Methods to Your Organization

  • Review strategic concepts associated with job analysis, documentation and evaluation.
  • Learn how to approach job analysis planning and implementation.
  • Discuss job documentation and the necessary components and format for job descriptions.
  • Examine market-based and content-based job evaluations with a focus on quantitative and non-quantitative approaches.

Base Pay Administration and Pay for Performance

Design a Fair and Competitive Plan

  • Identify the relationship between an employee total rewards program and an organization’s business strategy.
  • Discuss the design of base pay programs and necessary considerations.
  • Discover what it takes to implement and deliver base pay.
  • Examine pay for performance merit pay systems including development, utilization and costing.
  • Address the effectiveness and efficiency of pay programs through monitoring and evaluation.
  • Discern how and when HR should be involved in mergers and acquisitions

Variable Pay — Improving Performance with Variable Pay

Designing for Results

  • Learn about the three categories of variable pay.
  • Identify common business strategies and objectives for achieving them.
  • Examine internal and external factors.
  • Discuss the activities for designing the structure of the plan.
  • Find out aspects to consider in establishing target performance and payouts.
  • Learn about funding and distribution of plan earnings.
  • Discover how to implement, communicate and evaluate the success of your plan

Course Methodology

A variety of methodologies will be used during the course that includes:

  • (30%) Based on Case Studies
  • (30%) Techniques
  • (30%) Role Play
  • (10%) Concepts
  • Pre-test and Post-test
  • Variety of Learning Methods
  • Lectures
  • Case Studies and Self Questionaires
  • Group Work
  • Discussion
  • Presentation

Who should attend

HR Professionals

Show more

Files

Detailed Description
Detailed Description