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Diploma in Compensation & Benefits Management

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Course Overview
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COMMITMENT

12 Months

183 training hours

NEXT INTAKE

21 Feb 2023

52nd

CPD HOURS

183 Hours

HR-related training hours

PROGRAMME FEE

$3,474.44

Before GST

Course fee is subject to 8% GST

190 students have graduated from this programme

SHRI Academy’s Diploma in Compensation & Benefits Management (DCBM) provides a solid grounding for individuals to learn in-depth the methodology for designing a motivational rewards 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 rapid changing economy.

Objectives
Objective

Strategic Compensation

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

Objective

International and Global Payroll

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

Objective

Benefits and Incentives Management

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

Objective

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 & Benefits strategies and implementation in a business context.

Duration

12

Months

183

Hours

–

Sessions

Lessons are conducted twice a week, from 7pm to 10pm

Course Content

Modules

  • Strategic Compensation & Benefits
  • Administrative Expert
  • Benefits & Incentives Management
  • Compensation (Salary) Management
  • International and Global Compensation & 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 Methods

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

Next Intakes

–

–

–

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Next intake starts in

–

. Apply by

07 Feb 2023

Delivery Mode
F2F

Face-to-Face Lesson

IHRP CPD Hours

On completion of the DipCBM, learners will earn 183 HR-related Training Hours/ CPD Hours (excluding Examination) that can be applied towards Application for or Renewal of IHRP certification.

Graduation and Degree

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 & Benefits Management from SHRI Academy Pte Ltd.

Advancement

DipCBM graduates may proceed to enrol in the Postgraduate Diploma in Strategic Human Capital Management awarded by SHRI Academy. Must possess at least Bachelor Degree in any discipline or Diploma holders with at least 3 – 5 years of Managerial / Supervisory experience.

Teacher Student Ratio

1:15

Certified By
EduTrust

Fresh Graduate

Minimum Academic Qualification

2 ‘A’ Level credit passes in any subjects, IB Diploma, or other equivalent pre-university certifications
OR
Polytechnic diploma or equivalent
OR
Diploma in Business & Human Resource Management
OR
Diploma in Organizational Psychology

Minimum Age
18

Minimum Language

GCE’O’ Level credit pass in English or Workplace Literacy (WPL – Listening, Speaking, Reading and Writing)
Level 6, or IELTS 6.0 or its equivalent

Mature Professionals

Minimum Academic Qualification

PEI qualification that articulates into EDP
OR
Professional Certificate in Compensation & Benefits Management awarded by SHRI

Minimum Working Experience
8 years

Minimum Age
24 years

Minimum Language

GCE’O’ Level credit pass in English; or Level 6 in ESS(Employability skills system); or Workplace Literacy (WPL- Listening, Speaking, Reading and Writing) Level 6; or IELTS 6.0 or its equivalent

Course Fees

Fee BreakdownAmount
Course Fee$3,304.77
Membership Entrance Fee$120.00
1 Year Membership Subscription Fee$50.00
Total Course Fee Before GST$3,474.77
Total Course Fee Payable After GST$3,752.75

Application Fee – S$108.00 inclusive of GST (non-refundable and non-transferrable, payable upon application)

All fees to be payable in full before course commencement.

Progression waiver is applicable for students who sign up for any other programmes within 12 months from 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		$300.00
Total Course Fee Payable$3,452.40

Instalment PaymentSelf-sponsoredCompany-sponsored
Instalment 1$1,876.20$1,726.20
Instalment 2$1,876.20$1,726.20

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).

For more information on the above funding support, please contact 6438 0012 or email shriacademy@shri.org.sg.

*SDF Training Grant is subject to changes.

FAQ

Length

  • The Diploma in Compensation and Benefits Management is a12 months programmes which covers 183 training hours.

Fundings available

No. of intakes

  • You may choose to join any of the 3 intakes available per year for this programme.

Any Exemptions

  • Exemption is only applicable to active students who are deferring for future modules and have already passed the module before deferment so they don’t have to retake the same module. Exemptions are not applicable to new applicants.

Minimum Entry Requirement

  • For Fresh Graduates – You must possess at least 2 ‘A’ Level credit passes in any subjects, IB Diploma, or other equivalent pre-university certifications OR Polytechnic diploma or equivalent OR Diploma in Business & Human Resource Management OR Diploma in Organizational Psychology.
  • For Mature Professionals – You must be at least 24 years old, with 8 years working experience and possess at least a ****PEI qualification that articulates into EDP OR Professional Certificate in Compensation & Benefits Management awarded by SHRI

Timing

  • Lessons are conducted twice a week, from 7pm to 10pm.

Advancement

  • DipCBM graduates may proceed to enrol in the Postgraduate Diploma in Strategic Human Capital Management awarded by SHRI Academy. Must possess at least Bachelor Degree in any discipline or Diploma holders with at least 3 – 5 years of Managerial / Supervisory experience.

Minimum attendance

  • The minimum attendance would be 75% for each module.

Fees

  • The overall programme fee is SGD$$3,752.40 (with 8% GST), paid over 2 instalments.

Passing Criteria

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

Can I combine the funding support?

  • Unfortunately different funding can’t be combined for our programme fees.

IHRP CPD Hours

  • On completion of the DipCBM, learners will earn 183 HR-related Training Hours/ CPD Hours (excluding Examination) that can be applied towards Application for or Renewal of IHRP certification.
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