DIPLOMA IN COMPENSATION AND BENEFITS MANAGEMENT

Next Intake

DURATION

12-Month

183 Training Hours

183 IHRP CPD Hours

NEXT INTAKE

13 Aug 2024

Apply by:

30 Jul 2024

DELIVERY MODE

Classroom Learning



PROGRAMME FEE

$3,304.77

(Before GST)

$3,787.50

(After GST)

Outline

SHRI Academy’s Diploma in Compensation and Benefits Management (DCBM) provides a solid grounding for individuals to learn in-depth the methodology for designing a motivational reward system. It offers a broader perspective on compensation and benefits locally and internationally.  

In addition, it equips individuals with knowledge and skills to manage compensation and benefits for the organisation effectively to create positive business results and flexibility in adjusting the business costs in response to the rapidly changing economy. 


Objectives

Strategic Compensation  

Encourages students to develop a motivational compensation system and integrate it with their organisation’s strategic business plan. 

International and Global Payroll 

Gain a fresh and comprehensive understanding of compensation and advantages locally and internationally. 

 

Benefits and Incentives Management 

Educate professionals with the knowledge and abilities to properly manage compensation and benefits for the organisation. 

Analyse and Measure 

Achieve positive business outcomes and the flexibility to adjust business costs to a rapidly evolving economy. 


Who Should Attend

HR professional and support staff who aspire to specialise in Compensation and Benefits within the Human Resource Management function. It is also appropriate for managerial and other professional staff who wish to have comprehensive knowledge and applications of Compensation and Benefits strategies and implementation in a business context. 


Programme Structure

Modules  

  • Strategic Compensation and Benefits 
  • Administrative Expert 
  • Benefits and Incentives Management 
  • Compensation (Salary) Management 
  • International and Global Compensation and Benefits Management 
  • Job Analysis & Performance Management Roles
  • Essential Statistical Tools for Compensation Management 
  • Final Application Project 

 

Notes 

The modules listed above may be conducted in a different sequence. Module content/syllabus will be provided upon request.


Assessment Method

Candidates are assessed by assignments, tests, and a written examination.  


Delivery Mode

Classroom Learning


Programme Duration

  • Part-time Programme
  • 12 Months, 183 Training Hours
  • Lessons are conducted twice a week from 7:00PM to 10:00PM on weekdays

Admission Requirements

Minimum Academic Qualifications

5 GCE 'O' Level passes

OR

SHRI Academy Certificate in Human Resource Management

OR

SHRI Academy's any Diploma courses

OR

Equivalent Polytechnic Diploma

OR

Equivalent Diploma qualifications from other Private Education Institution

OR

Mature Candidate (≥ 30 years old) with 5 years' relevant work experience

OR

Candidate with other qualifications will be considered on a case-by-case basis

Minimum Age

16 years old

Language Requirement

GCE 'O' Level pass in English

OR

Workplace Literacy (WPL-Listening, Speaking, Reading and Writing) Level 6

OR

IELTS 6.0

OR

An equivalent English Language qualification


Course Fees

Fees Breakdown
Amount

Course Fee

S$3,304.77

Membership Entrance Fee

S$120.00

1-Year Membership Subscription Fee

S$50.00

Total Course Fee Before GST

S$3,474.77

9% GST

S$312.73

Total Course Fee Payable After GST

S$3,787.50

Application Fee - S$163.50 inclusive of GST (non-refundable and non-transferrable, payable upon application).

1st instalment fee to be payable in full before course commencement.

Progression waiver is applicable for students who sign up for any programmes within 12 months from the date of graduation.

Please view here for the Miscellaneous Fees.

Company Sponsored (SDF)
Amount

Less SDF Training Grant

*SDF Training Grant is subject to changes

Total Course Fee with 9% GST and SDF Sponsorship

S$300.00

S$3,487.50

Instalment

Instalment Payment
Self-sponsored
Company-sponsored

Instalment 1 

Instalment 2 

$1,893.75  

$1,893.75  

$1,743.75 

$1,743.75 


Fundings Available

Course Participants may apply for: 

  • SkillsFuture credit 
  • SDF Training Grant* 
  • UTAP funding effective up to March 2025 for self-sponsored NTUC members. (Sign up for NTUC Membership here to apply for UTAP funding here

For more information on the above funding support, please contact 6438 0012 or email [email protected]

*SDF Training Grant is subject to changes.


Certificate Awarded

Students who successfully complete and pass all seven modules in the programme and successfully complete a Final C&B project stipulated in the course structures will be awarded the Diploma in Compensation and Benefits Management from SHRI Academy.


Progression

Diploma in Compensation and Benefits Management (DCBM) graduates may proceed to enroll in the Postgraduate Diploma in Strategic Human Capital Management awarded by SHRI Academy. Must possess at least a Bachelor’s Degree in any discipline or Diploma holders who are above 30 years old with at least 3 – 5 years of Managerial / Supervisory experience.


IHRP CPD Hours

Upon completion of the Diploma in Compensation and Benefits Management (DCBM), learners will earn 183 HR-related Training Hours/CPD Hours (excluding examination) that can be applied towards Application for or Renewal of IHRP certification.


Teacher-student Ratio

1:30

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