Categories > HR (Community Service) Category:

 

COMPENSATION AND BENEFITS

 

 

 

Program Duration

:

5 Days

Program Date

:

22-26 April,2012

Program Location

:

Cairo, Egypt

Program Fees

:

US$ 3200/Per Person

 

 

 

PROGRAM OBJECTIVES:

 

By the end of the program, participants will be able to:

  • Explain the basic principles and major elements of compensation.

  • Use the various processes in compensation: Job Analysis, Job Descriptions and Job Evaluation.

  • Determine and explain what constitutes a sound and effective compensation and benefits program

  • Design a salary structure and related policies.

  • Construct the basic compensation survey process.

 

PROGRAM OUTLINES:

 

  • Managing Compensation - An Overview

    • Compensation Objectives, Components and Factors Affecting Compensation

    • An Effective Compensation Management System

  • Job Analysis and Job Descriptions

    • The Need for Job Descriptions

    • Principal Approaches to Job Analysis

    • Carrying Out the Job Analysis Process

    • The Main Components of a Meirc Job Description

    • Job Description Writing - Practical

  • Job Evaluation

    • Job Evaluation Defined

    • Job Evaluation Methods

    • The Hay System: An Overview

    • The Meirc System Explained

    • Job Evaluation Guidelines

    • Job Evaluation - Sources of Error

  • Compensation Systems

    • Main Compensation Policies

    • Factors Affecting Pay Levels

    • The Economic Factor in Compensation

    • Paying for Competence

  • Basic Salary Structures

    • One or More Structure – Regional Practices

    • Salary Structure Design

    • How Many Grades?

    • Spread and Progression

  • Allowances

    • Purpose

    • Nature of Work Allowances

    • Non Nature of Work Allowances

    • Regional Practices

  • Benefits

    • Definition and Purpose of Benefits

    • Categories of Benefit

    • Regional Practice

    • Managing an Effective Benefits Program

    • Main Features of a Long Term Benefit Plan

  • Introduction to Compensation Surveys

    • Why We Do Them?

    • Designing and Carrying Out a Compensation Survey

    • Compensation Survey Reports - Content

  • Frequently Asked Questions

    • Answers to Questions on Compensation and Benefits You Never Knew You Had

 

WHO SHOULD ATTEND?

 

Professionals working in the function who wishes to acquire relevant knowledge and skills, and those working in other areas of Human Resources who wish to broaden their understanding of this important function.