Duration: 14 Hours
CERTIFIED STRATEGIC REWARD MANAGEMENT PROFESSIONAL (CSRMP)
The CSRMP program equips HR professionals with expertise in designing and implementing strategic reward systems that align with business goals. It focuses on total rewards planning, performance-driven compensation, and incentive structures to enhance employee engagement and retention. Participants gain skills in executive compensation, benefits strategy, and compliance to drive organizational success.
CERTIFIED STRATEGIC REWARD MANAGEMENT PROFESSIONAL (CSRMP)
Course Modules
Module 1
Foundations of Reward Management
- • The Strategic Role of Rewards
- • Reward Philosophies and Principles
- • Linking Rewards to Business Strategy
Module 2
Compensation Design
- • Job Evaluation and Grading
- • Base Pay Structures
- • Variable Pay Programs
Module 3
Benefits Management
- • Designing Benefits Packages
- • Health and Wellness Programs
- • Retirement and Savings Plans
Module 4
Performance Management
and Rewards
- • Linking Performance to Rewards
- • Performance-Based Pay
- • Recognizing and Rewarding Performance
Module 5
Total Rewards Strategy
- • Integrating Reward Components
- • Communicating the Total Rewards Package
- • Measuring the Effectiveness of Rewards
Module 6
Legal and Regulatory Compliance
- • Employment Law and Compensation
- • Tax Implications of Rewards
- • Global Compensation and Benefits Compliance
Module 7
Market Analysis and Benchmarking
- • Salary Surveys and Data Analysis
- • Benchmarking Best Practices
- • Using Market Data to Inform Reward Decisions
Module 8
Reward Program Administration Managing Payroll and Benefits Administration
- • Managing Payroll and Benefits Administration
- • Reward Budgeting and Forecasting
- • Technology and Reward Management
Module 9
Executive Compensation
- • Designing Executive Pay Packages
- • Long-Term Incentives
- • Governance and Executive Compensation
Module 10
Sales Compensation
- • Designing Sales Incentive Plans
- • Sales Performance Metrics
- • Managing Sales Compensation Programs
Module 11
International Reward Management
- • Global Compensation Strategies
- • Managing Expatriate Compensation
- • Cultural Considerations in Reward Management
Module 12
Reward Communication and Employee Engagement
- • Communicating Reward Programs Effectively
- • Using Rewards to Drive Employee Engagement
- • Measuring the Impact of Reward Communication
Module 13
The Future of Reward Management
- • Emerging Trends in Compensation and Benefits
- • The Impact of Technology on Rewards
- • The Evolving Role of HR in Reward Management
Module 14
Case Studies in Reward Management
- • Analyzing Real-World Reward Challenges
- • Developing Solutions to Reward Issues
- • Presenting and Defending Reward Recommendations
