Categories > HR (Community Service) Category:

 

COMPENSATION AND BENEFITS

MANAGER

 

 

Program Duration

:

5 Days

Program Date

:

12-16 May,2012

Program Location

:

Cairo, Egypt

Program Fees

:

US$ 3200/Per Person

 

 

 

PROGRAM INTRODUCTION:

 

Compensation and benefits is an emotive area, not only for the organizations but also for

the employees. Establishing and managing a reward structure is one of the critical

cornerstones of the human resources department. It is extremely important to design the

right reward package that supports the business goals.

This program helps the HR professionals understand the importance of compensation and

benefits in such a way that they are able to understand the intricacies, basic reward

system, the global trends in compensation & benefits and are able to link pay with

performance for better planning. By the end of this workshop, participants will be able to

source well structured and reasonable compensation and benefits schemes that operate

effectively, provide the best value to the organization and structure remuneration schemes

that will attract and retain the bright talent.

 

At This Program You Will Learn...

 

  •  The various benefits the employees are entitled to

  •  The different kinds of tax laws & their pre-requisites

  •  The impact of culture & collective bargaining on compensation and benefits

  •  The elements of compensation & create a total compensation plan

  •  To develop and administer benefit plans

  •  To link pay to performance

  •  To set up incentive pay plan for the organization

 

PROGRAM OUTLINES:

 

MODULE 1:

Compensation & Benefits Environment

  •  The environmental factors effecting compensation and benefits

  •  Government regulation & social security in compensation

  •  Social changes & demographics in compensation

  • Changes in compensation due to collective bargaining

  • Changes in the compensation administration due to outsourcing & globalization

MODULE 2:

 Rewards & Basics of Compensation

  •  Compensation basics

  •  Components of compensation system

  •  Equity theory

MODULE 3:

Building Internal Equity

  •  Job description

  •  Establishing internal equity: job evaluation methods

  •  Using job rankings

  •  Creating job grading

  •  Creating point plans

  •  Hay plan overview

MODULE 4:

Building External Equity

  •  Different aspects of establishing external equity

  •  Salary survey

  •  Designing salary surveys

  •  Periodicity of salary surveys

MODULE 5:

 Building Individual Equity

  • Performance pay options

  •  Building performance pay systems

  •  Steps in introducing pay for performance system

  •  Pay for performance: the challenges

MODULE 6:

 Benefit Plans & Total Reward Planning

  •  Benefit plans

  •  Mandated benefits

  •  Security/Insurance benefits

  •  Retirement benefits

  •  Time off related benefits

  •  Non-monetary perquisites

  •  Monetary perquisites

  •  Cafeteria plan/flexible benefit plans

MODULE 7:

Total Reward Planning

  •  Reward strategy objectives

  •  Components of total reward

 

You Will Benefit Most By Attending This Program If You Are...

• A HR professional involved in developing and administering the compensation & benefits plan

 

5 Special Benefits of Attending

• Get a comprehensive, information packed courseware during the program and for back home use

• Learn from the industry experts who have vast experience in the areas of Human

• Network with other professionals from the Resources same background and interests

• Post training support for project work and examination

• Your satisfaction is guaranteed