Categories > Finance & Accounting Category

 

Compensation Packages & Salary Structures

 

 

Program Duration

:

5 Days

Program Date 2

:

09-13 June ,2012

Program Location

:

Cairo, Egypt

Program Fees

:

US$ 3200 /Per Person

 

 

 PROGRAM OBJECTIVES:

  • Discuss the concepts of reward systems

  • State the elements of reward systems

  • State the purpose of reward systems from the organizational and employee perspectives

  • Compare different types of salary and pay structures

  • Consider the impact of performance related pay

  • State the uses of different types of benefits and allowances

  • List factors impacting on International pay and expatriate rewards

 

WHO SHOULD ATTEND?

HR practitioners working with Compensation Packages and Salary Structures

All staff who work in:

  • Human Resources

  • Personnel or related areas and personnel new to HR or interested in a career in HR

 

PROGRAM OUTLINES:

 

Introduction to Reward Systems

  • Defining the roles of HR and line management
  • Introduction to reward systems
  • The elements of reward
  • Reward Management
  • Labor 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 organizational 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