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Best compensation and benefits manager certifications
Compensation and benefits manager certifications allow job seekers to demonstrate their competency as an compensation and benefits manager to employers. However, not all compensation and benefits manager certifications provide the same value for job seekers.
The best certifications for a compensation and benefits manager are Certified Professional - Human Resource (IPMA-CP), Certified Cost Professional (CCP), and Senior Professional in Human Resources (SPHR).
Below is a list of the best compensation and benefits manager certifications. Obtaining an compensation and benefits manager certification will give you a leg up when you apply for jobs and increase your potential salary.
7 best certifications for compensation and benefits managers
| Rank | Compensation and benefits manager certification | Organization |
|---|---|---|
| 1 | Certified Professional - Human Resource (IPMA-CP) | IPMA-HR |
| 2 | Certified Cost Professional (CCP) | AACE |
| 3 | Senior Professional in Human Resources (SPHR) | HRCI |
| 4 | Society for Human Resource Management Certified Professional (SHRM-CP) | SHRM |
| 5 | Certified Employee Benefit Specialist (CEBS) | IFEBP |
| 6 | Certified Compensation Professional (CCP) | WAW |
| 7 | Certified Benefits Professional (CBF) | WAW |
7 best compensation and benefits manager certifications
1. Certified Professional - Human Resource (IPMA-CP)
IPMA-HR strives to encourage excellence in public sector human resources, promote continuous learning and develop the next generation of leaders. To that end, IPMA-HR offers two internationally recognized certification programs to the public HR community: the IPMA-CP and the IPMA-CS.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
2. Certified Cost Professional (CCP)
A CCP is an experienced practitioner with advanced knowledge and technical expertise to apply the broad principles and best practices of Total Cost Management (TCM) in the planning, execution and management of any organizational project or program. CCPs also demonstrate the ability to research and communicate aspects of TCM principles and practices to all levels of project or program stakeholders, both internally and externally.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
3. Senior Professional in Human Resources (SPHR)
By earning the Senior Professional in Human Resources® (SPHR) certification you demonstrate that you have mastered the strategic and policy-making aspects of HR management as practiced in the United States. The credential is designed for the HR professional who plans, rather than implements, HR policy, focuses on the "big picture," has ultimate accountability in the HR department, has breadth and depth of knowledge in all HR disciplines and understands the business beyond the HR function and influences the overall organization.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
4. Society for Human Resource Management Certified Professional (SHRM-CP)
HR professionals who implement policies and strategies, serve as point of contact for staff and stakeholders, deliver HR services, and perform operational HR functions, should take the SHRM-CP exam.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
5. Certified Employee Benefit Specialist (CEBS)
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required?
6. Certified Compensation Professional (CCP)
Obtaining the CCP designation is beneficial for human resources professionals responsible for their organization's base pay and incentive compensation programs. This may include examining and evaluating current market trends, managing compensation survey data including data analysis and conducting benchmarking studies, conducting audits to ensure legal compliance, and assessing and making appropriate recommendations for various pay programs, structures, policies and practices.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
7. Certified Benefits Professional (CBF)
Obtaining the CBP designation is beneficial for human resources professionals who design, administer and communicate their organization's employee benefits programs. In addition, the CBP will equip HR professionals with the knowledge to provide strategic considerations for evaluating and implementing company programs that meet both company and employee needs. This includes overseeing programs and initiatives that satisfy cost considerations and offer competitive advantages for the attraction, motivation and retention of employees within a total rewards framework.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
What is the best certification for a compensation and benefits manager?
The best compensation and benefits manager certification is Certified Professional - Human Resource (IPMA-CP). The Certified Professional - Human Resource (IPMA-CP) is awarded by the International Public Management Association for Human Resources. The advanced certification is for more experienced employees as it often requires some work experience to acquire.
Here's a bit more background on how to obtain this compensation and benefits manager certification:
- To become a certified Certified Professional - Human Resource (IPMA-CP), you need to pass the exam.
- This certificate requires more than two years of work experience.
- Renew certification every 3 year.
What are some of the most in-demand certifications for compensation and benefits managers?
The most in-demand compensation and benefits manager certification is Senior Professional in Human Resources based on all active job postings. Having this compensation and benefits manager certification will give you access to more compensation and benefits manager jobs with higher salaries.
What certifications can impact a compensation and benefits manager career and salary?
The Certified Compensation Professional certification will help you to secure a compensation director position, which will increase your pay and career trajectory. A compensation director's average salary is $138,793 whereas compensation and benefits managers make an average salary of $99,051.
The most common combination of compensation and benefits manager certifications include: Certified Professional - Human Resource (IPMA-CP), Certified Cost Professional (CCP), and Senior Professional in Human Resources (SPHR).
Online courses for compensation and benefits managers to earn certifications
1. Compensation and Benefits for Beginners
This course is a beginners guide to understanding compensation and benefits...
2. Performance Management and Compensation Management in HRM
Performance Management and Compensation Management Complete Course...
3. Ultimate Payroll Management with Income Tax & Year-End 23-24
Basic to Advanced: Certification in Payroll, Compensation Benefits, Income Tax,Year Ending for Payroll & Human Resources...
4. Master Course in Human Resources 2.0
Strategic human resource management, strategic planning, recruiting, training, HR management,Labour welfare...
5. Ultimate HR Generalist and Human Resource Management Course
Hands-on HR Certification: All HRM topics. Master Employee Life Cycle, Payroll, Recruitment, Engagement, EXDesign and AI...
6. Certification Course in Human Resource Management
Curriculum commensurate to Top B School's Management Program : with downloadable resources, quiz, assessments & exercise...
7. Diploma Course in Human Resource Management (HRM)
Become top-notch HRM Practitioner - Get Live Projects, Ready-to-use Templates, Demos, Quizzes, Articles, Case studies...
8. The Human Resources Certification Program (HRCI - PHR/SPHR)
An Exam Preparation Guide to the Human Resource Body of Knowledge...
9. Business Fundamentals: Management and HR Management
Management and HR Management Fundamentals: Become a more effective leader and supercharge your business for success...
10. Program Management Interview Course
Learn how to interview for program manager roles at tech companies...
11. Program Management Course - Program Manager Essentials
In this Program Management course you will learn the essentials and more to become an effective Program Manager...
12. Program Management Fundamentals: The Essentials
In this course you will learn the essentials of program management. Become your bosses boss start this course today...
13. Strategic Planning Basics for Human Resources
Learn to collaborate with your organizational leaders on the development and implementation of a strategic plan...
14. Introduction to Human Resource Management
HRM is an important function of any organization. It includes managing people in a structured and thorough manner...
15. Payroll Management
Use free UK payroll software to perform essential payroll management...
16. The Complete Recruiting Masterclass - HR Resources - Hiring
HR Managers - You Can Hire the Right People - Talent Management Skills for Human Resources Professionals...
17. Management Coaching Employee Performance Coach Certification
Set expectations, assess performance, provide feedback, increase productivity, develop employee potential...
18. Effective Human Resource Administration
Effective Human Resource Administration...
19. Hands-On HR Analytics Online Course for Human Resources
People Analytics & Analytical Process to Human Capital XL & Open Source Data Mining & ML Tools 6 Data Assignments...
20. Certification Course in Human Resource Management (HRM)
Excel in the HR domain!...