Course
Variable Pay: Improving Performance with Variable Pay
Design variable pay plans that attract, motivate, retain employees while boosting your organization’s bottom line.

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.


    Policies

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    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