Compensation Packages and Salary Structures

Ref	HR 220	HR 560
Dates	16 - 20 May 2010	31 October - 4 November 2010
Venue	Dubai	Dubai
Fees	US$ 3850	US$ 3850
CPE Credits	30	30

The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit

INTRODUCTION

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 programme, Compensation Packages and Salary Structures focuses on the essential elements of employee reward, proposes an holistic approach to reward systems and provides delegates with sufficient input to get started in this fascinating area of HR.

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
Line managers would also benefit from an understanding of the topic and those who manage, supervise or have an organisational interest in HR and want to examine modern practices are also welcome

PROGRAMME OBJECTIVES

Discuss the concepts of reward systems
State the elements of reward systems
State the purpose of reward systems from the organisational 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

PROGRAMME SUMMARY

This programme will allow participants to explore a complete overview of the topic. From the initial introduction we will explore various issues in sufficient detail to allow participants to consider the implementation of new modern approaches into their organisations and weigh up the potential benefits and advantages of each approach. The highly practical approach will enable participants to focus on issues that impact most on them and their organisations.

PROGRAMME OUTLINE

DAY 1 - 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

DAY 2 - 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

DAY 3 - 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

DAY 4 - 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

DAY 5 - 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

To Register on this seminar, please click here