Compensation and Benefits
By the end of the program, participants will be able to:
Understand the basic principles and major elements of compensation.
Know the various processes in compensation: Job Analysis, Job Descriptions, Job Evaluation and
Compensation Surveys.
Determine and explain what makes up a sound and effective compensation and benefits program.
Design a salary structure and related policies.
Understand the basic compensation survey process.
This Program is designed for:
Professionals working in the function who wish to acquire relevant knowledge and skills, and for those
working in other areas of Human Resources who wish to broaden their understanding of this important
function.
| Managing Compensation - An Overview |
Allowances |
Compensation Objectives, Components and
Factors Affecting Compensation
An Effective Compensation Management System |
Purpose
Nature of Work Allowances
Non Nature of Work Allowances
Regional Practices |
| Job Analysis and Job Descriptions |
Benefits |
| The Need for Job Descriptions
Principle Approaches to Job Analysis
Carrying Out the Job Analysis Process
Job Description Writing - Practical |
Definition and Purpose of Benefits
Categories of Benefit
Regional Practice
Managing an Effective Benefits Program
Main Features of a Long Term Benefit Plan |
| Job Evaluation |
Introduction to Compensation
Surveys |
Job Evaluation Defined
Job Evaluation Methods
The Hay System: An Overview
Job Evaluation Guidelines |
Why We Do Them?
Designing and Carrying Out a Compensation
Survey
Compensation Survey Reports - Content |
| Compensation Systems |
Frequently Asked Questions |
Objectives of Compensation
Main Compensation Policies
Regional Compensation Practice
Factors Affecting Pay Levels
The Economic Factor in Compensation
Compensation Audit and Control |
Answers to Questions on Compensation and
Benefits You Never Knew You Had |
| Breaking News |
Up to the Minute News on Trends in
Compensation and Benefits as They Happen |
