Compensation and Benefits

Compensation and Benefits


Choose from the following table the course date which you would like to attend the course on :

Sart
End
Fees
Venue
Length
4-Mar-2018
8-Mar-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
18-Mar-2018
22-Mar-2018
5700$
London (UK)
One Week
Click Here
1-Apr-2018
5-Apr-2018
7500$
Istanbul (Turkey)
One Week
Click Here
1-Apr-2018
5-Apr-2018
4700$
Dubai (UAE)
One Week
Click Here
1-Apr-2018
5-Apr-2018
6950$
Paris (France)
One Week
Click Here
20-May-2018
24-May-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
13-May-2018
17-May-2018
5700$
London (UK)
One Week
Click Here
17-Jun-2018
21-Jun-2018
7500$
Istanbul (Turkey)
One Week
Click Here
24-Jun-2018
28-Jun-2018
4700$
Dubai (UAE)
One Week
Click Here
17-Jun-2018
21-Jun-2018
6950$
Paris (France)
One Week
Click Here
8-Jul-2018
12-Jul-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
1-Jul-2018
5-Jul-2018
5700$
London (UK)
One Week
Click Here
12-Aug-2018
16-Aug-2018
7500$
Istanbul (Turkey)
One Week
Click Here
19-Aug-2018
23-Aug-2018
4700$
Dubai (UAE)
One Week
Click Here
12-Aug-2018
16-Aug-2018
6950$
Paris (France)
One Week
Click Here
23-Sep-2018
28-Sep-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
23-Sep-2018
28-Sep-2018
5700$
London (UK)
One Week
Click Here
28-Oct-2018
1-Nov-2018
7500$
Istanbul (Turkey)
One Week
Click Here
14-Oct-2018
18-Oct-2018
4700$
Dubai (UAE)
One Week
Click Here
28-Oct-2018
1-Nov-2018
6950$
Paris (France)
One Week
Click Here
11-Nov-2018
15-Nov-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
18-Nov-2018
22-Nov-2018
5700$
London (UK)
One Week
Click Here
23-Dec-2018
27-Dec-2018
7500$
Istanbul (Turkey)
One Week
Click Here
2-Dec-2018
6-Dec-2018
4700$
Dubai (UAE)
One Week
Click Here
23-Dec-2018
27-Dec-2018
6950$
Paris (France)
One Week
Click Here
6-Jan-2019
10-Jan-2019
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
27-Jan-2019
31-Jan-2019
5700$
London (UK)
One Week
Click Here
17-Feb-2019
21-Feb-2019
7500$
Istanbul (Turkey)
One Week
Click Here
10-Feb-2019
14-Feb-2019
4700$
Dubai (UAE)
One Week
Click Here
17-Feb-2019
21-Feb-2019
6950$
Paris (France)
One Week
Click Here

Introduction

Professionals working in the function who wish to acquire relevant knowledge and skills, and those working in other areas of Human Resources who wish to broaden their understanding of this important function.

Objectives

  • Explain the basic principles and major elements of compensation.
  • Apply the various processes in compensation: job analysis, job descriptions and Job Evaluation.
  • Determine and explain what constitutes a sound and effective compensation and benefits program.
  • Design a salary structure and related policies.
  • Describe the basic compensation survey process.

Content

Managing Compensation – An Overview

  • Compensation Objectives, Components and Factors Affecting Compensation
  • Effective Compensation Management System

Job Analysis and Job Descriptions

  • The Need for Job Descriptions
  • Principal Approaches to Job Analysis
  • Carrying Out the Job Analysis Process
  • The Main Components of a Meirc Job Description
  • Job Description Writing – Practical Application

Job Evaluation

  • Job Evaluation Defined
  • Job Evaluation Methods
  • The Meirc System Explained
  • The Hay System: An Overview
  • Job Evaluation Guidelines
  • Sources of Error

Compensation Systems

  • Main Compensation Policies
  • Factors Affecting Pay Levels
  • Paying for Competence
  • Basic Salary Structures
  • Salary Structure Design
  • The Right Number of Grades
  • Spread and Progression

Allowances as Part of Total Pay

  • Purpose of Allowances
  • Nature of WorkAllowances
  • Non Nature of Work Allowances
  • Regional Practices

Understanding Benefits

  • Definition and Purpose of Benefits
  • Categories of Benefits
  • Regional Practices
  • Managing an Effective Benefits Program
  • Main Features of a Long Term Benefit Plan

Introduction to Compensation Surveys

  • Purpose of Surveys
  • Designing and Carrying Out a Compensation Survey
  • Compensation Survey Reports

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