Compensation Systems
About Course
Delivery Options
– 20 hours of online training with 24/7 mentoring.
– 20 hours onsite scheduled course at one of our authorized centers around the world and through our accredited trainers.
– Group online / onsite course customized to need.
– 20 hours onsite scheduled course at one of our authorized centers around the world and through our accredited trainers.
– Group online / onsite course customized to need.
HOW YOU WILL BENEFIT?
- Understand the guiding principles for developing a pay policy.
- Practice the different techniques for developing an effective compensation systems that is capable of attracting and retaining qualified employees.
WHAT YOU WILL LEARN?
- The strategic role of a compensation system
- Guiding principles for effective compensation systems.
- Some pay policy issues.
- Salary survey components.
- Job evaluation methods.
- Grading and salary structure development.
- Implementation challenges and how to overcome them.
- Types of incentive systems.
- Executive managers incentive systems.
- Why incentives fail.
- Highlight on some benefit programs.
Course Code
HR-05