PROGRAM TITLE
Designing Effective Compensation & Benefits System
DELIVERY
Online – Live- Interactive – Instructor-led
DATES
- 05 – 09 October 2020 (Monday to Friday)
- 16 – 20 November 2020 (Monday to Friday)
DAILY SCHEDULE
- 1st Session : 13:00 – 14:30
- Coffee Break: 14:30 – 14:45
- 2nd Session : 14:45 – 16:15
Time zone: GMT +7
COURSE FEE
- USD 1000.- per participant
- Net into our account
PROGRAM DESCRIPTION & OBJECTIVES
This program extensively covers concepts, methods, and processes for evaluating your current C&B strategies and systems, modifying them, or creating new C&B strategies and systems based on relevant analysis.
By the end of this course, participants will be able to:
- Understand the concept of effective compensation & benefits systems
- Understand the process and factors involved in designing an effective C&B systems
- Determine and design the appropriate C&B system for their organization
PROGRAM CONTENT
- What is an effective C&B system
- Factors to consider in designing a C&B system
- Steps in designing a C&B system
- Job analysis
- Job evaluation
- Designing job grading
- Designing salary structure
- Designing performance incentive, bonus and other benefits schemes
- Determining the appropriate C&B mix for each position
LEARNING METHODOLOGY
A proper mix of short lectures, Q&A, sharing, discussions, individual & group exercises and case studies.
RECOMMENDED PARTICIPANTS
- HR Heads/Directors/Managers
- C&B Specialists
- HR Generalists
- Division/Department Heads
- All those who must make significant contributions in establishing effective C&B Systems
REGISTRATION