Compensation and benefits courses in india

  • Types of compensation in HRM

    Insurance.

  • What are the compensation practices in India?

    To design the compensation and benefits according to India's legal provisions, labor laws, and the Minimum Wages Act of 1948.
    As per the Wages Act 2019, workers from all industries are entitled to receive minimum wages fixed by their respective state governments.
    To control the overall cost to the company (CTC)..

  • What is the best compensation and benefits certification?

    India compensation laws
    Generally, an employer will pay employees on the 1st of every month.
    Under prevailing legislation, companies with fewer than 1,000 employees should pay wages every month before the 7th, while companies with more than 1,000 employees should pay every month before the 10th..

  • What is the law of compensation and benefits in India?

    Compensation management is defined as “the act of distributing some type of monetary value to an employee for their work by means of the company's policy or procedures”.
    Simply put, it is the paycheck plus any benefits that come with the position..

Certified Compensation & Benefits Manager (CCBM) Classroom training is available in New Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Pune. Companies hire 

How many marks can I get in compensation & benefits manager?

Maximum marks:

  • 50
  • Passing marks:
  • 25 (50%).
    There is NO negative marking in this module.
    Online exam.
    Request Callback! Why should I take Compensation and Benefits Manager certification.
    This course covers the principal need of the organization which is establishing and maintaining a pay system which is fair to all.

    • What is compensation & why is it important?

    Compensation must satisfy the employees' general requirements and expectations for the work performed.
    To create a competent and fair compensation strategy to assist in recruiting qualified talent and reward achievement.
    To help prevent talent drain from the organization.

    What is compensation and benefits management?

    Compensation and benefits management is about wage and salary administration, remuneration management and reward management.
    It is concerned with designing and implementing a total compensation package.
    Middle Earth courses rank among the top 10 courses globally in all verticals.
    We have won multiple awards from HR.com & TrainingIndustry.com .

    What makes a good compensation plan?

    A good compensation plan should be able to take care of employees’ extra monthly expenses, contribute to their savings and allow them to cope with inflation rates.
    Compensation and benefits (commonly referred to as Comp & Ben or C&B in India) come under the purview of the Human Resources department.

    What is professional certificate in compensation and benefits?

    The Programme of Professional Certificate in Compensation and Benefits is highly beneficial for those students who are interested in pursuing this course

    The course will provide the necessary information about the field to the candidates which are required for working professionally in the area

    What makes a good compensation plan?

    A good compensation plan should be able to take care of employees’ extra monthly expenses, contribute to their savings and allow them to cope with inflation rates

    Compensation and benefits (commonly referred to as Comp & Ben or C&B in India) come under the purview of the Human Resources department

    Overview of social security in India



    Social security in India includes a variety of statutory insurances and social grant schemes bundled into a formerly complex and fragmented system run by the Indian government at the federal and the state level.
    The Directive Principles of State Policy, enshrined in Part IV of the Indian Constitution reflects that India is a welfare state.
    Food security to all Indians are guaranteed under the National Food Security Act, 2013 where the government provides highly subsidised food grains or a food security allowance to economically vulnerable people.
    The system has since been universalised with the passing of The Code on Social Security, 2020.
    These cover most of the Indian population with social protection in various situations in their lives.

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