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IntroductionCompensation is an important factor affecting how and why employees choose to work at one organization over others.
Employees must be reasonably and fairly compensated for their required performance to guarantee their citizenship, loyalty, and sustainability of their high performance.
reforming the benefits policy, according to the market, gives the organization an edge over the competition, renders its employees productive, and satisfied, and reduces costly turnover.
In this course, we will tackle the most recent trends of compensating employees and rewarding their performance fairly and competitively.
#Learning Objectives
Upon completion of this workshop, participants will be able to:
•Establish a strategic pay plan to attract top-notch talents.
•Create a tailor-made benefits and services plan to retain high calibers
•Assess and evaluate compensation & benefits programs in alignment with the participant’s organization mission, strategy, and philosophy.
•Develop an understanding of the effectiveness of compensation and benefits programs
•Understand the impact of Compensation and Benefits
•Implement Job analysis and write a job description
•Explain how organizations develop and implement pay Structure.
•Analyze market pay survey data in comparison with benchmark jobs
•Develop an effective salary structure
•Create pay grades and pay ranges
Course Methodology
The workshop will use a combination of theory and practical applications of course concepts: real Case Studies, assignments, and Pay Structure Projects.
Participants will engage in simulation exercises that will emulate real-life situations allowing them to gain deep insights about the concepts covered.
#Workshop Outline:
-What is compensation management?
-Types of Compensation
-Purpose and role of compensation and benefits within an organization
-Total Reward System
-Components of a successful compensation system
-Factors affecting Compensation & Job Evaluation
-Qualitative and quantitative methods in conducting a job evaluation and Salary Surveys
-Job Evaluation Analysis Methods
-Using the job evaluation point method to determine the relative worth of jobs
-Salary Structure Design
-Anatomy of Pay Structure
-Pay Decisions & Pay Performance
-understanding Salary Surveys
-Creation of Pay Structure and Pay Grades
-Grading System & Salary Structure / Case Study
-Salary Structure Fine-tuning to create fairness and impact
-Compensation Policies
-Recent trends in Compensation Management
-Types of Benefits
-Benefits Policy & Recent Trends
Program Design: 15 Training hours / 2 Days
- Certification: Approved by HRCI - HR Certification Institute.
للحجز والاستفسار:
01019364624
01017979021
-How to reserve and pay the fees:
1- Vodafone cash to 01017979021
2- visit HCC Head Office Daily from 10 AM to 10 PM
3- transfer to our bank accounts "National bank of Egypt & CIB
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Event Venue & Nearby Stays
HCC - Human Capital Community, 51 شارع محيي الدين ابو العز, الدقى, الجيزة, مصر,Al `Ajuzah, Al Jizah, Egypt, Giza
