Compensation Packages and Salary Structures
12-08-2024 - 16-08-2024 | 3300 | دبي |
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Successful management and motivation of employees is clearly linked to employee reward systems. There is much correlation between organisational success and effective reward systems, demonstrating that how employees are rewarded should be linked directly to their overall value to the organisation.
This program, Compensation Packages and Salary Structures focuses on the essential elements of employee reward, proposes a holistic approach to reward systems and provides delegates with sufficient input to get started in this fascinating area of HR.
By the end of the course the attendees will be able to:
This course is intended for the following:
Introduction to Reward Systems
· Introductions
· Objectives - for the seminar and personal
· Defining the roles of HR and line management
· Introduction to reward systems
· The elements of reward
· Reward Management
· Labour markets and economic theories
· Reward philosophies, strategies and policies
· Factors affecting pay levels
Salary Structures
· Definition of a salary structure
· Pay structures - purpose
· Graded pay structures
· Broad-banding
· Individual job range structures
· Job family structures
· Pay curves
· Spot rate structures
· Pay spines
· Integrated pay structures
Rewarding Individuals and Teams
· Performance related pay
· PRP as a motivator
· Performance management and reward
· Blue collar incentives
· Skill and competency based pay
· Team rewards
· The link to organisational performance
Benefits Allowances and Pensions
· Non-financial rewards
· Benefits and allowances
· Pension schemes
· Employee benefits strategy and policies
· Flexible benefit systems
· Location and subsistence allowances
· Overtime and shift payments
· Stand-by and call-out allowances
International and Expatriate Considerations
· International pay
· Expatriates rewards
· Home or host based approach
· Managing reward systems
· Consolidation exercise
· Review of whole course
· Developing personal development plans
· Programme review, summary and feedback
A variety of methodologies will be used during the course that includes:
· (30%) Based on Case Studies
· (30%) Techniques
· (30%) Role Play
· (10%) Concepts
· Pre-test and Post-test
· Variety of Learning Methods
· Lectures
· Case Studies and Self Questionaires
· Group Work
· Discussion
· Presentation
To be advised as per the course location. This rate includes participant’s manual, and-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Daily Course Timings:
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session