courses Syllabus
Introduction
This program caters to:
- Professionals in the field seeking relevant knowledge and skills enhancement.
- Individuals in other HR domains aiming to broaden their comprehension of this vital function.
Objectives
Upon completion, participants will be able to:
- Explain fundamental principles and key components of compensation.
- Apply various compensation processes including job analysis, job descriptions, and job evaluation.
- Determine and articulate the elements of a robust and efficient compensation and benefits program.
- Design salary structures and related policies.
- Describe the fundamentals of the compensation survey process.
Content
Managing Compensation – An Overview
- Understanding Compensation Objectives, Components, and Influencing Factors
- Implementing an Effective Compensation Management System
Job Analysis and Job Descriptions
- Importance of Job Descriptions
- Approaches to Job Analysis
- Conducting Job Analysis
- Components of Job Descriptions
- Practical Application of Job Description Writing
Job Evaluation
- Defining Job Evaluation
- Methods of Job Evaluation
- Overview of Evaluation Systems
- Introduction to the Hay System
- Guidelines for Job Evaluation
- Addressing Sources of Error
Compensation Systems
- Key Compensation Policies
- Factors Influencing Pay Levels
- Competency-Based Pay
- Designing Basic Salary Structures
- Determining the Right Number of Grades
- Progression and Spread in Salary Structures
- Incorporating Allowances into Total Pay
Understanding Benefits
- Definition and Purpose of Benefits
- Categories of Benefits
- Regional Variations in Benefit Practices
- Effective Benefits Program Management
- Essentials of Long-Term Benefit Plans
Introduction to Compensation Surveys
- Purpose and Design of Compensation Surveys
- Conducting Compensation Surveys
- Analyzing Compensation Survey Reports
London UK 
Spain, Barcelona 
Rome, Italy 
New York , United States 
Paris, France