Cash Compensation Programs Certification

Confront post-pandemic compensation realities. Earn your Cash Compensation Programs Certification.

Compensation is changing dramatically after the pandemic. Employees have new expectations, the labor market has become ultra-competitive, and traditional metrics no longer work.

You need to design an internally equitable, externally competitive, and motivational cash reward system for your organization.

To help you attain this goal, we are offering a certification program filled with exercises and real-world pragmatic 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

Each session in this series focuses on a key area of compensation. We have packed a large volume of interesting and useful content into five engaging webinars.

Session 1 - Market Analysis

• 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 Structures: Part 1

• 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 - Pay Structures: Part 2

• 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

• 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 - Variable Pay

• 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.

We recommend purchasing our Second Chance Retake Insurance for $49 which allows you to take the exam a second time without having to retake the Course. Should you need to retake the exam without purchasing Insurance beforehand the retake fee is $75. For additional information please refer here or reach out to Support@careerlearning.com.

• 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.

Employers particularly appreciate CareerLearning certifications because they represent definitive confirmation of the mastery of the subject area.

Please follow these steps to earn your certification:

• Attend all the training sessions in their entirety.
• Gain access to the final exam at the conclusion of the last session.
• Take the final exam and receive a score of 80% or better. 

CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.