Program Overview
This program is designed for those who oversee administering, managing and evaluating the payroll, salary structures and incentive schemes. Basically, they make sure that the right people get the right amount of money, at the right time.
Program Content
- Total reward system definition and elements
- Determining pay rates
- Direct and indirect compensation definition
- Effective compensation system
- Equity definition and forms of equity
- The wage mixes
- HR managers compensation responsibility
- Establishing pay structure
- Job evaluation definitions and Grading I Job Mapping
- Competency Based Pay System
- Financial and non-Financial Incentives
- Linking Merit increase to compensation
Program Benefits
Upon completion of this program, participants will be able to:
- Identify monetary and non-monetary rewards.
- Understand how to create different levels of salary benchmarks
- Learn how to build a point plan and a job grading system to create internal equity
- List components of total compensation system and explain objectives of an effective one.
- Design Incentive plans.
Who Should Attend
- HR specialists who seek know-how in compensation & benefits management
- HR professionals who are aware of the technicality of compensation & benefits.
- HR who would like to develop a comprehensive view of strategic rewarding
Course Duration
- 2 Days : 12 Hours
Registration Deadline
Three days before the course date.
Registration and Payment
Open www.thetraining-hub.com/ Training Facilities/Course Registration and fill your registration form.
- Course fees include material, lunch, 2 coffee breaks and certificate.
- Payment by cheque in The Training HUB’s name, cash to our address or by bank transfer.
- Your registration is confirmed only after course payment
- Payment is non-refundable; however, participant can be substituted or can attend next confirmed round of the same course or another course.
For More Information
Phone: 02 22907369 / 22909369
Mobile: 01280720167- 01280653407
Email: info@thetraining-hub.com
