Course Overview
Designing, implementing, and managing salary structures, benefits, performance incentives, and executive compensation.
Weekly Breakdown
Week 1: Compensation & Benefits Fundamentals
- Role of compensation in HR strategy
- Legal and ethical considerations
Week 2: Job Analysis & Evaluation
- Techniques for job evaluation (point factor, market pricing)
- Linking roles to pay grades
Week 3: Salary Structures & Pay Policies
- Designing base pay, pay ranges, and pay bands
- Balancing internal equity vs. external competitiveness
Week 4: Variable Pay & Incentive Programs
- Bonuses, profit-sharing, sales incentives
- Aligning incentives with organizational objectives
Week 5: Employee Benefits & Perquisites
- Health insurance, retirement plans, paid leave, and flexible benefits
- Valuing non-cash perks
Week 6: Executive Compensation & Governance
- Stock options, LTIPs (Long-Term Incentive Plans)
- Regulatory reporting and shareholder concerns
Week 7: International Compensation & Expatriate Packages
- Managing compensation in global assignments
- Currency fluctuations, cost-of-living adjustments
Week 8: Capstone: Compensation Plan Design
- Develop a complete compensation & benefits framework for a case company
- Final presentation/report
Program Requirements
To enroll in this program, candidates are required to meet the following criteria:
A minimum of a HND/Bachelor’s degree or equivalent in any discipline from a recognized institution.
At least six Month of relevant professional work experience (preferred).
Submission of a completed application form.
Payment of the applicable application fee.
Provision of copies of academic and professional credentials.
A recent passport-sized photograph.
Proficiency in English (written and spoken).
To secure your place in the program, please proceed with the payment of the course fee into the account details provided below:
Application Fee: N10,000 | $10
Course Fee: N140,000 | $100
Bank Name: Guaranty Trust Bank Plc
Account Name: Post Graduate College of Human Resources Management
Naira Account Number: 3001052008
Dollar Account Number: 3001052022
SWIFT Code (if applicable): GTBIGB2L
Payment Structure: Payments can be made in installments (50%, 30%, 20%).
Upon successful completion of the respective programs, participants will receive esteemed certifications recognizing their dedication, skill mastery, and professional competence in the field of Human Resources. These credentials signify a high standard of expertise and readiness for impactful roles within the HR domain.
The following certificates will be awarded:
1. Associate Membership issued by CIAHRP
2. Certified Compensation and Benefits Specialist Issued by LSHRM
3. Post Graduate Diploma in Compensation and Benefits issued by PCHRM
