Variable Pay: Improving Performance with Variable Pay

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Learn how to spur your employees to perform at the highest levels, boost organizational profitability and retain talented individuals through well-designed variable pay programs. This course will give you the knowledge and skills to design, implement, and evaluate successful variable pay plans.

Also known as pay-for-performance, variable pay programs incentivize employees to reach specific goals - such as boosting revenue and acquiring new skills. Successfully deploying variable pay is vital for today’s compensation and HR professionals.

What You Will Learn

Learn common business strategies and objectives for achieving them.
See how to align variable pay programs with business strategy.
Learn the three categories of variable pay: incentive plans, bonus plans, and recognition plans.
Discover internal and external factors that affect variable pay plans.
See the steps for designing variable pay compensation strategy, including funding and distributing plan earnings.
Learn to implement, communicate, and evaluate variable pay compensation and benefits plans.

Who Will Benefit from This Course?

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

Course Credits

WorldatWork Certification:
Successful completion of this course and its accompanying exam can be applied to both the Certified Compensation Professional and Global Remuneration Professional certifications.

WorldatWork Recertification:

Course — 2.0 credits
Exam — 0.5 credits

CEUs:

Course — 1.6 credits
Exam — 0.9 credits

HRCI Recertification:

Course — 16 classroom hours

SHRM Recertification:

Course — 16 classroom hours

Based in India? Contact india@worldatwork.org for India-special course pricing.

Learning Options

Exercises are included throughout each section of the course for hands-on practice.

Member Price

Non-Member

*Find a Global Course

Member Price

Non-Member

*Find a Global Course

This E-Learning course is no longer available.

If you want to take this E-Learning certification course, please visit the link below for the updated information:

Improving Performance with Variable Pay

Please note: 120-day access to E-Learning material starts immediately on the day of purchase. Purchase includes course materials and exam.

Member Price

Non-Member

Please note: 120-day access to e-course material starts immediately on the day of purchase. Purchase includes course materials and exam.

This certification exam is no longer available.

If you want to take the certification exam now, please click the link below for the updated information:

Improving Performance with Variable Pay

Member Price

Non-Member

Member Price

Non-Member

Course Schedules

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Unavailable To be placed on the waiting list or inquire about other sessions or products, please contact our Customer Experience Team.

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There are no classes scheduled at this time.

Please consider a different learning method or contact our Customer Experience Team to learn about other classes and schedules. Click here to check our global course schedule for availability. Click here to check our global course schedule for availability.

Phone
877-951-9191 (United States and Canada)
+1 480-951-9191 (other countries)

Monday-Friday: 8:00 a.m. - 7:00 p.m. EST

Email
Email our Customer Experience Team: customerexperience@worldatwork.org