This intermediate-level course presents the fundamentals of variable pay. The course focuses on compensation strategy and variable pay, definitions and the design and implementation of incentive, recognition and bonus plans.
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.
Who Should Attend Course C12 is designed for HR professionals responsible for designing, assessing or maintaining variable pay programs.
What You Will Learn
Total Rewards and Variable Pay
Elements of compensation
Categories of variable pay
Supporting Business Objectives through Variable Pay
Consider Bringing This Course to Your Location This professional development program and others offered by WorldatWork can be customized to meet the unique needs of your organization and delivered at your location. For more information, contact a Corporate Education Resource Manager at 877/710-5970 or 480/905-5980.
Computer-Based Certification Exam Only $880USD | Member $625USD
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Please note: If you are purchasing an exam option, you must schedule and complete the computer-based exam within 120 days from the first day of a live instructor-led class or from date of purchase for all self-paced learning packages. Your eligibility expires after 120 days; however, 30-day exam extensions are available for a $150 USD fee when purchased before the original access expires. It is recommended that you complete your exam in a timely manner as exams may be updated without notification. Instructions for scheduling your computer-based exam will be provided at purchase. Learn more at www.worldatwork.org/cbt. Self-study materials and all e-learning product purchases are nonreturnable.
WorldatWork classroom locations offer e-course materials technology to participants. Your certification course materials (and BAII calculator, if applicable) will be available for pick up on site the day of the course. For two-day courses, you may access the e-course materials PDF two weeks prior to the course start date or upon registration if you register within two weeks of the course. Self-paced e-learning course purchasers now have the option of print or e-course materials. Those who choose the e-course materials option will receive the materials electronically for the length of your e-learning program. Those who choose the print version of the course materials will receive it 5-7 days after date of purchase. 30-day extensions of e-learning access are available for a fee if purchased before original access expires.
Please visit www.worldatwork.org/seminars to download course material amendments, view class rosters and to find out what to bring to your class.
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