Managing Salary Structure as part of Compensation and Total Reward Management to Meet Business Needs and Drive Employee Performance

Compensation and Salary Structures Masterclass

Introduction

A fundamental component of reward management and HR is a grade and basic salary structure, and these are often taken for granted. Rather than make changes, HR and reward professionals try to fit the ever-changing needs of their employees into a system that may not have been reviewed for many years.

Course Objectives

This course will provide you with the information and guidance to ensure your salary and grading structure meets your business needs, while allowing the company to attract and retain employees in an increasingly competitive pay market.  This course is aimed at both HR Generalists and Reward Specialists to help you review and revise your grading structure and salary structure to fit the ever-changing needs of your employees into a system that may not have been reviewed for many years.


Most employers want to ensure that they can “attract, retain and motivate” the best employees and teams, and this three-day course will cover the key areas in the overall compensation and benefits package that enable employers to adopt best-practices and compete more effectively in the war for talent whilst achieving cost-effectiveness for the employer.

About Your Instructor

 

 

 

Robert Mosley

  • Global Remuneration Expert

  • Over 30 years of experience in HR and C&B

  • Global Guru #500 List

  • Global HR Leadership Award

Key Benefits of Attending

 

  • Increase your business performance and employee effectiveness through implementing compensation and reward systems that attract, retain and motivate staff

 

  • Align your basic salary structures and grades and compensation and reward systems to your business objectives and human resources strategy

 

  • Discover practical steps for implementing a grading system with a basic salary structure and pay scheme or for updating your existing compensation structures

 

  • Develop solutions for your own compensation and reward issues and challenges based upon practical case studies and interactive course and clinic discussions

 

  • Network with your fellow course delegates and course tutor to discuss practical issues related to compensation and reward management that will help you in your workplace

 

Who Should Attend?

This course is designed for everyone who requires an in-depth knowledge of working with and managing salary structures and compensation and reward issues, including all professionals and HR Generalists who work in HR at all career levels, and all C&B Specialists who work in Compensation and Benefits.

Course Methodology

You will be provided with the information you need to make changes to your grading and salary structure. You will have an opportunity to test various ideas and to establish what may work for you. You will also be given access to various tools and techniques, as well as information on the latest trends and developments both in Asia and globally.  This course will involve working both individually in teams on practical case studies to gain detailed hands-on experience using the various tools and techniques that will be discussed throughout the course.

23 - 25 March 2020

Bangkok

SGD 2,695

01 - 03 June 2020

Kuala Manila

SGD 2,695

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Schedule

Email us now for more information:

enquiry@hrd-future.com

2010 - present

2010 - present

Case Studies

 

This course is designed for companies from all countries in Asia will and include the following case studies designed around best-practice companies based in Asia:

 

  • Determining a reward policy as part of the HR strategy and business mission and vision

  • Establishing a reward strategy linked to business strategy

  • Designing and selecting the most appropriate grading/salary structure

  • The debate of single bands versus broad-banding

  • The business benefits of single bands versus broad banding in managing jobs and grades

  • Establishing pay ranges that are externally competitive with market pay surveys

  • Designing the basic salary structure midpoints and payscales and pay ranges

  • Designing the basic salary structure and payscales and progression management

  • Managing base salary progression and management of compa-ratios

  • Managing the overall mix of the total reward package between salary and benefits and bonuses

  • Using recognition programmes to motivate both Baby-Boomers and Millennials

  • Using retention schemes and recognition plans as a strategic component of reward management

 

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Testimonials for this course

“Very, very good course. Excellent instructor. Thank you, Robert. This course really put C&B in perspective for me."

“Robert, you’re the best. Excellent concept, approach and methodology! Very informative and well coordinated. Very practical in Malaysia.”

“What a workshop, a great speaker with good delivery skills that make attendees understand everything crystal clear.”

“Robert has excellent practical experience and provided several examples while addressing course objectives and answering our questions. I will now start designing the grading system andsalary scales in my organisation.”
 

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