Important WorldatWork Announcement regarding 

CCP and GCP Certifications.

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Memphis WorldatWork Certification Courses

Course Offerings


 

Are you working toward Certified Compensation Professional (CCP), Certified Benefits Professional (CBP) or Global Remuneration Professional (GRP) certification? If not, start now!

 

MSCA sponsors WorldatWork Certification Courses in Memphis. By offering the course in Memphis, Mid-South compensation and benefits professionals can work on certification without the expense of traveling to a distant location.

 

 

PLEASE NOTE: Since January 1, 2013, any exam that certification candidates have on their transcripts more than eight years old will no longer be valid toward certification. More information on certification requirements is available on WorldatWork website.

 
 

 Certification speaks volumes. Let yourself be heard.

 

 

 

 

2019 Course Offerings: 

  


  

Variable Pay -- Improving Performance with Variable Pay (C12 / GR6)

 

February  21 - 22, 2019

Memphis, TN

 

Register for class  

 

 

Master Variable Pay Plans that Support Your Organization’s Business Objectives

 

Variable pay compensation can improve employee motivation and performance along with positively impacting your organization’s goals for profitability and productivity. This course will teach you the fundamentals of variable pay with a focus on compensation strategy. 


In this course you will cover: 

  • Identifying common business strategies and objectives for achieving them.
  • Aligning variable pay programs with business strategy.
  • The three categories of variable pay.
  • Examining internal and external factors affecting variable pay plans.
  • The activities for designing variable pay compensation strategy, including funding and distributing plan earnings.
  • How to implement, communicate and evaluate the success of variable pay compensation and benefits plans. 

This course is ideal for the human resources professional responsible for designing, assessing and maintaining variable pay plans.

 

What You Will Learn  
  • Supporting the Business Objective through Variable Pay
    Learn about the elements of compensation, business strategy and how that drives business objectives, the business lifecycle and how variable pay helps achieve business objectives.

  • Types of Variable Pay
    Dive into the three categories of variable pay programs, including Incentive plans, bonus plans and recognition plans:
    • Incentive plans covers short-term incentive plans, including profit-sharing, performance-sharing and individual performance-based plans.
    • Long-term incentive plans covers equity- and non-equity based plans.
    • For bonus plans, learn about referral bonus, hiring (sign-on) bonus, retention (stay) bonus and project completion bonus.
    • For recognition plans, understand spot awards, managerial recognition, nominations and organization-wide recognition.
  • Developing a Variable Pay Plan: Phases 1 and 2
    In Phase 1, discover internal and external factors impacting variable pay plans, how to obtain management support and identify a variable pay design team. In Phase 2, learn about plan objectives and plan types, how to define eligibility and select performance measures.

  • Developing a Variable Pay Plan: Phases 3
    In Phase 3, you’ll learn about funding and distribution by determining performance targets and payouts, funding the variable pay plan, distributing plan earnings and obtaining final approval.

  • Implementation and Evaluation
    Bring your learning together with this final unit on how to implement the variable pay program including selecting the implementation team, developing the communication plan, introducing the plan and coordinating the plans administration. You will also learn how to evaluate the plan’s effectiveness, why variable pay plans fail and potential evaluation outcomes.

     

     

    Variable pay plans support and impact your organization’s business goals and objectives. Understanding this form of compensation strategy is an essential skill for today’s HR compensation professional. This course will empower you with the knowledge you need to design, implement and evaluate variable pay plans. 


    Ready to get started? 


    This course is available in a variety of formats, including online, self-study and in-person. 

    Find a class format that works for you and register today.

     




      

    Base Pay Administration and Pay for Performance (C4 / GR4)

     

    September  5 - 6, 2019

    Memphis, TN

     

    Register for class  

     

     

    Gain Compensation Strategy Skills to Accelerate Your Journey as an HR Professional

     

    Learn how to design a pay for performance base pay program that supports your organization’s compensation strategy and attracts, retains and motivates your organization’s talent. This in-depth course will provide you with the skills and knowledge to design, implement and evaluate employee base pay programs. 


    Key concepts you will learn and assimilate include:

    • Identifying the relationship between the organization’s business strategy and the total rewards program.
    • Understanding key considerations when designing base pay programs.
    • Learning what it takes to implement and deliver base pay programs, including monitoring and evaluation.
    • Examining pay for performance merit pay systems, including development, utilization and costing.
    • Discerning how and when human resources should be involved in mergers and acquisitions.

    This course is ideal for the emerging human resources compensation professional who is getting started with developing pay structures. Knowledge of basic mathematical concepts is recommended, including: mean, median, weighted average, compa-ratio, percentiles and calculating percents.


     

    What You Will Learn  
    • The Role of Base Pay in Total Rewards
      Learn the elements of compensation, the total rewards design process, the fundamentals of base pay, job evaluation methods and job worth hierarchy.

    • Designing Base Pay Structures
      Gain the skills to design base pay structures, including understanding pay structure design and broadbands.

    • Practical Applications of Base Pay Structure Design
      Develop experience in the market-pricing approach, point factor approach and integrating market data into point factor through hands-on exercises and discussion.

    • Base Pay Implementation and Delivery
      Learn about pay approaches, job-based pay, differentials, pay actions, communicating pay actions and new hire pay rates.
    • Pay for Performance and Salary Budgeting
      Understand pay for performance, compensation strategy and philosophy, principles of merit-pay programs, base pay investment, merit increase guidelines and components of market-based salary budget.

    • Administering and Evaluating Base Pay Programs
      Be prepared to monitor pay levels, maintain pay structures and review and audit base pay programs as well as understand compression.

    • Mergers, Acquisitions and Base Compensation
      Acquire the skills to integrate compensation plans and communicate compensation changes during mergers and acquisitions as well as understand the role of HR and key HR priorities during these events. 

       

       

      Upon completing this course, you will have acquired in-depth knowledge of base pay programs to design, implement and evaluate compensation strategy that attracts and retains your organization’s talent.


      Ready to accelerate your journey as an HR compensation professional? 


      This course is available in a variety of formats, including online, self-study and in-person. 

      Find a class format that works for you and register today.




       

      Course & Exam Package Fees

       

      MSCA members receive an additional discounts for attending WorldatWork hosted classes and other sponsored Worldatwork classes, products and services. Membership will be verified with your WorldatWork account profile.

       

       

      Includes tuition, course materials and certification exam.

      MSCA Member $1,350 USD*
      WorldatWork Member $1,495 USD
      Nonmember $2,200 USD

      *Other association member prices may vary. All pricing subject to change.

       

       

      Special-Membership-Pricing .pdf 

       

      To register or for more information, visit the Memphis WorldatWork Courses site or contact Customer Relationship Services using the following information:

       

      MSCA Members: http://www.worldatwork.org/register/msca/ 

       

      Non-MSCA Members: http://www.worldatworksociety.org/society/certification/html/certification-ccp-us.jsp

       

       

       

      General Online Info for the CCP:

      https://www.worldatworksociety.org/certification/html/certification-ccp-us.jsp
      Phone: 877-951-9191 (6:00 am - 4:30 pm MST)
      Fax: 480-483-8352, Toll-free 866-816-2962

       

      Additional Information:

      For additional information, please contact Braxston Richmond, VP Professional Development, at braxston.richmond@fedex.com

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