Top Business Group for Human Resources

Compensation & Benefits

Date Sunday 26-11-2017 Category Human Resources

Course Overview

Compensation and Benefits course is an interactive training program designed to provide participantsthe opportunity to learn what is required to formulate a total rewards management program that has the power to attract, motivate, engage and retain top talents.

 
Course Outline
  • Module 1: Establishing a Strategic Pay Plan
    • Salary Survey
      • Comprehending the different types of salary surveys and the aim of conducting them.
      • Reading and analyzing salary surveys
    • Job Evaluation
      • Identifying the fundamental compensable factors
      • Understanding the four different job evaluation methods
      • Using the job evaluation point method to determine the relative worth of jobs
    • Job Grading
      • Grouping similar jobs into pay grades
      • Grading methodologies
    • Pricing Pay Grades
      • Plotting the wage curve
      • Market pricing of jobs
      • Establishing a strategic pay plan
    • Fine Tune Pay Rates
      • Developing pay ranges
      • Correcting out-of-line rates
  • Module 2: Variable Pay Plans
    • Motivation theories and incentive plans
    • Pay for performance and financial Incentives
    • Main incentives for individual employees
    • Pay for group performance
    • Organization-wide variable pay plans
  • Module 3: Benefits and Services
    • Pay for time not worked
      • Vacations and Holidays
      • Sick leaves
      • Maternity leave
    • Insurance benefits
      • Worker’s compensation
      • Medical and life insurance
    • Retirement benefits
      • Social insurance
      • Pension plans
    • Personal services and family friendly benefits
    • Cafeteria approach

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:
  • Establish a strategic pay plan to attract top notch talents
  • Design an effective performance-based incentive plan to motivate your current employees
  • Create a tailor-made benefits and services plan to retain high calibers
Who Should Attend
CEO’s, Top and Middle Managers, Human Resources Directors, HR Managers, HR Specialists Compensation and Benefits

Course Duration
  • Two days from 9:00AM to 4:00PM
Registration Deadline
  • One week before the course date
Course Fees
  • 1800 EGP (Registration is confirmed only upon payment)
  • Fees include materials and attendance certificate
  • Complimentary coffee breaks 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.