Course Schedule

Compensation & Benefits Administration

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Code Course Title Venue Date Fees Join Now
HR12 Compensation & Benefits Administration Kuala Lumpur - Malaysia, 20190415 15 - 19 Apr 2019 $4,200 Register
HR12 Compensation & Benefits Administration Paris - France, 20190708 08 - 12 Jul 2019 $4,750 Register
HR12 Compensation & Benefits Administration Dubai - UAE, 20191117 17 - 21 Nov 2019 $3,750 Register

COURSE OVERVIEW

In order to recruit and retain high caliber employees, an organization needs to provide a package for employee compensation which is attractive, appropriate and affordable. Such packages have to not only be attractive externally, they have to be fair internally – this means a remuneration structure based also on internal job classifications.

Furthermore, the retention and motivation of high caliber employees is not as simple as paying well. The design of compensation packages has to take into account the aspirations of employees for personal development and promotion. Organisations also have to recognize the distinctions between intrinsic and extrinsic reward – extrinsic reward can be financial or non-financial and intrinsic reward requires the provision of interesting and satisfying work.

The Compensation & Benefits Administration training course will cover the question of how such processes can be managed and will cover employee motivation; performance management; extrinsic and Intrinsic reward; the maintenance of standards through the management of employee conduct; job evaluation; short term and long term incentives; the importance of the first line supervisor or team leader; the use of competencies; personal development; career planning and promotion.

LEARNING OBJECTIVES

Attendance to the Compensation & Benefits Administration training course will enable the participants to:

  • Describe the main influences on employee motivation
  • Realise the value of an empowered approach
  • Implement effective compensation and reward strategies
  • Improve confidence in dealing with compensation and reward issues
  • Understand the principles behind job evaluation schemes
  • Link salary structure to job evaluation
  • Know how to apply the latest thinking to performance management practices
  • Match performance evaluation to salary structure
  • Design incentive schemes consistent with corporate strategy
  • Develop professional standards for measuring and assessing employees for promotion
  • Apply best practice in comparing internal and external relativities

TARGET AUDIENCE

The Compensation & Benefits Administration training course is designed for:

  • HR staff who are responsible for managing benefits and reward
  • HR practitioners working with Compensation packages
  • Professionals and supervisors responsible for compensation and benefits
  • Those who are responsible for managing and motivating staff, and need a better understanding of how to manage remuneration
  • All staff who work in Human Resources, Personnel or related areas and personnel new to HR or interested in a career in HR
  • Those who manage, supervise or have an organizational interest in HR and want to examine modern practices

TRAINING METHODOLOGY

The training methodology used is designed to encourage maximum participation by all delegates. The presenter will suggest ideas and theories to the delegates and then encourage them to test out the ideas by the use of discussion, small group work, exercises, and feedback. Each day of the training course will end by delegates completing their own record of what has been learned on the day and considering how the ideas might be transferred back to the workplace.

Pre & Post course assessments will be used to measure the effectiveness of this training.

COURSE CONTENTS

DAY 1 – Introduction to Compensation & Benefits Administration

  • KeyTopics:

    • Introduction — the context compensation & rewards
    • Talent Management
    • Reward systems as a method of communication
    • The concept of total reward
    • Models of total reward

DAY 2 – Job Analysis, Job Evaluation and Salary Structures

  • KeyTopics:

    • Job Analysis
    • Job Evaluation
    • Matching the outcome to salary scales
    • External comparison – quartile policy
    • Broadbanding
    • Red circling and green circling

DAY 3 – Merit Pay, Increments, Bonuses, Non-Salary Benefits

  • KeyTopics:

    • Merit pay and Incremental schemes
    • Conditions of employment (holidays, sick pay, retirement, security of employment, allowances, etc.)
    • Short-term incentives
    • Long-term incentives
    • Flexible conditions
    • Physical conditions

DAY 4 --Performance Management

  • KeyTopics:

    • The four components
    • The links to values and culture
    • Management of conduct
    • Employee motivation
    • Empowerment and recognition

DAY 5 –Personal Development

  • KeyTopics:

    • The use of competencies
    • Succession planning
    • The performance/potential matrix
    • Personal development
    • The use of assessment centers

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