This comprehensive course covers the entire spectrum of compensation and benefits management. Then it goes into the management of the various benefits both legal and market driven.
DurationThis comprehensive course covers the entire spectrum of compensation and benefits management. Then it goes into the management of the various benefits both legal and market driven.
It starts off with the basic HR tool of writing proper job descriptions and specifications suitable to make compensation decisions, followed by job evaluation to determine an internally equitable salary structure in tandem with the market.
Focusing on
Almost everyone in a profit-oriented organization works because of compensation and benefits.
Employees look for a certain minimum compensation to meet their cost of living expenses and thereafter to be compensated according to market conditions. Besides this employees expect to be given a fair compensation in comparison to others. Employees also want to know their compensation and benefit plan for the future as part of having a secure career plan
Employers on the other hand need a proper compensation and benefits programme to attract and retain employees. They also need this for planning and budgeting purposes.
Why attend this course?
Who should attend
Methodology
After attending this course you will return to your job
Day 1 What is compensation & benefits (c & b)?
Job descriptions & job specifications for compensation
Points method of job evaluation
Pay structures
Incentives
Day 2 Pay for normal work hours / annual leave / ph / rest days & to
Medical benefits
Maternity & paternity benefits
Termination & retrenchment benefits
Epf & socso and eis 2018
Other benefits & perks
When you're trying to build and maintain a positive, productive workforce, training is one of the linchpins to successful results. And when it comes to employee training, you need to look no further than IPA-Institute of Professional Advancement.
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