Cash Compensation Programs Certification

Human resources expert John A. Rubino will share a wealth of information to help guide you in creating a comprehensive, organizationally-aligned total cash compensation.

What You'll Learn

  • Analyze market salary survey data
  • Create traditional base salary structures from scratch
  • Develop flexible broadbanding approaches
  • Design pay-for-performance variable cash compensation plans
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Monday, September 23 - Friday, September 27, 2024; 2:30 PM Eastern

5 Sessions scheduled for 60 minutes including question and answer period.

INFORMATION
Training Overview

Change Cash Compensation to Attract and Retain Employees. Improve your program without breaking the budget.

Cash-constrained organizations struggle to attract and retain employees. You can pay appropriate salaries and bonuses without destroying your bottom-line results and breaking your budget.


You can apply well-respected techniques to build a compensation program that delights applicants and employees while avoiding cost overruns. Managers who are able to balance organizational needs and employee pay expectations reap the biggest personal rewards through job stability, career growth, and raises.


To help you attain these goals, we are offering a certification program filled with exercises and real-world programmatic examples. The Cash Compensation Programs Certification program will enable you to:

  • Analyze market salary survey data
  • Create traditional base salary structures from scratch
  • Develop flexible broadbanding approaches
  • Design pay-for-performance variable cash compensation plans

Cash Compensation Programs Certification

Session 1

  • Compensation program objectives
  • Strategic methodologies for building base pay structures
  • Job evaluation techniques
  • Techniques and protocols for interpreting salary market information
  • Approaches for dealing with high-demand jobs
  • Techniques for market pricing hybrid jobs

Session 2

  • Pay structure design techniques and considerations
  • Creating a base pay policy line
  • Components and applications of pay grades
  • Calculating range spreads and midpoint differentials
  • Market pricing and point factor approaches

Session 3

  • Hands-on, step-by-step exercises and pragmatic examples
  • Maintaining base pay structures and keeping them up-to-date
  • Salary compression and solutions
  • Geographic differentials

Session 4

  • Broadbanding and how it differs from traditional pay structures
  • Defining control points and applying them to the broadbanding approach
  • Reasons for adopting broadbanding
  • Advantages and disadvantages of broadbanding
  • Transforming a traditional base pay structure to a broadbanding system
  • Examples of broadbanding applications

Session 5

  • Eight-step design methodology for developing variable pay programs
  • Quantitative and qualitative performance measures
  • Cascading performance management approach
  • Variable schedules using target, threshold, and maximum payout criteria
  • Total cash variability approach
  • Business performance variability and the effect on payout cycling
  • Managed communication approach
  • Ten criteria for success and pitfalls to avoid

This certification is part of the Compensation Metrics And Programs: 10-Session Professional-Level Certification found here.

Recommended Audience
Who Should Attend?
  • Human resources professionals
  • Total reward professionals
  • Business owners
  • Plant managers
  • Finance professionals
  • Operations managers
  • Employee relations staff
  • Division supervisors
  • Supervisors
  • Chief executives
  • Executive directors
  • Board members
  • Senior management
  • Managers
  • Development staff
  • Program directors
  • Hiring staff
APPROVAL AND VALIDITY
Credits
  • This program has been approved for 5.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 5.0 PDCs for the SHRM-CP or SHRM-SCP.
What's included
Training includes
  • 5.0 HRCI, 5.0 SHRM
  • Cash Compensation Certification
  • All resources and training materials
About

Expert Presenter

John A. Rubino
  • President and founder of Rubino Consulting Services (RCS), a global human resources consulting company based in New York
  • Focuses on the design and implementation of corporate values/objectives and their linkage to human resources strategies, compensation analysis and program development, performance-driven incentive plans, sales compensation programs, performance management systems, management training programs, team dynamics, leadership skills, motivational training, and human resources communication programs
  • Previously senior manager of human resources consulting services for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company
  • Internationally acclaimed speaker, course developer, and seminar leader for WorldatWork and the American Management Association
  • Author of Developing Compensation Programs: Job Analysis, Evaluation and Classification and Communicating Compensation Programs: An Approach to Providing Information to Employees
  • Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), and Global Remuneration Professional (GRP), Senior Practitioner in Human Resources (SPHR), and a Master Reward Specialist (South Africa)
  • BA from Wagner College
  • MBA from the Lubin Graduate School of Business, Pace University