Top Business Group for Human Resources

Salary Structure

Date Wednesday 11-12-2019 Category Human Resources

Course Overview
Salary Structure course is an interactive training program designed to provide participants the opportunity to review and evaluate their current employees’ salaries in order to build a professional salary structure balancing internal equity together with external competitiveness.

Course Outline
Module 1: Salary Survey
  • 4 forms of equity and how to address each
  • Aim of conducting salary survey
  • Formal and informal surveys
  • Quartiles and percentiles
  • What else should be surveyed?
Module 2: Job Evaluation
  • Identifying Compensable factors
  • Determining the relative worth of jobs
  • Different job evaluation systems
    • Job Ranking
    • Job Classification
    • Factor Comparison
    • Point Method
  • Pros and cons of each method, and when to use each?
Module 3: Job Grading
  • Grouping similar jobs into pay grades
  • Job families
  • Grading methodologies
  • Broadbanding
Module 4: Pricing pay grades
  • Plotting the wage curve
  • Market pricing of jobs
  • Establishing a strategic pay plan
Module 5: Fine Tune pay rates
  • Developing pay ranges
  • The minimum starting
  • The mid-point
  • The maximum
  • Correcting out-of-line rates
  • Managing red and green circles
Training Methodology
This course is a highly interactive training course, providing each participant the opportunity to exchange views and learn from other’s experiences. Moreover it includes a range of case studies, group guided discussions, workshops and exercises.

Learning Objectives
Upon completion of this course, participants will be able to:
  • Analyze a given salary survey
  • Balance internal equity with external competitivenesse
  • Avoid and manage salary compression
  • Establish a strategic pay plan
Who Should Attend
  • HR & Compensation Professionals
  • Managers who are involved in Salary Structure
Course Duration
Two days from 9:00AM to 4:00PM
 
Registration Deadline
One week before the course date
 
Course Fees
  • 2400 EGP (Registration is confirmed only upon payment)
  • Fees include materials and attendance certificate
  • Complimentary coffee breaks, juices and light lunch
Course Venue
Top Business premises: 17, Abdel Wahab Selim Elbeshry St. Sheraton Heliopolis, Cairo, Egypt.
 
Payment
  • Payment should be made one week prior to course.
  • Payment by cheque in Top Business’s name or cash to our address.