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Compensation & Benefit Human Resources Yogyakarta

Compensation Packages and Salary Structure

DESCRIPTION

Successful management and motivation of employees is clearly linked to employee reward systems. There is much correlation between organizational success and effective reward systems, demonstrating that how employees are rewarded should be linked directly to their overall value to the organization.

This program, Compensation Packages and Salary Structures focuses on the essential elements of employee reward, proposes an holistic approach to reward systems and provides delegates with sufficient input to get started in this fascinating area of HR.

OBJECTIVE

• Discuss the concepts of reward systems
• State the elements of reward systems
• State the purpose of reward systems from the organizational and employee perspectives
• Compare different types of salary and pay structures
• Consider the impact of performance related pay
• State the uses of different types of benefits and allowances
• List factors impacting on International pay and expatriate rewards

OUTLINE

1. Introduction to Reward Systems

• Introductions
• Objectives for The Seminar and Personal
• Defining The Roles of HR and Line Management
• Introduction to Reward Systems
• The Elements of Reward
• Reward Management
• Labour Markets and Economic Theories
• Reward Philosophies, Strategies and Policies
• Factors Affecting Pay Levels

2. Salary Structures

• Definition of a Salary Structure
• Pay Structures Purpose
• Graded Pay Structures
• Broad-Banding
• Individual Job Range Structures
• Job Family Structures
• Pay Curves
• Spot Rate Structures
• Pay Spines
• Integrated Pay Structures

3. Rewarding Individuals and Teams

• Performance Related Pay
• PRP as a Motivator
• Performance Management and Reward
• Blue Collar Incentives
• Skill And Competency Based Pay
• Team Rewards
• The Link to Organisational Performance

4. Benefits Allowances and Pensions

• Non-Financial Rewards
• Benefits and Allowances
• Pension Schemes
• Employee Benefits Strategy and Policies
• Flexible Benefit Systems
• Location and Subsistence Allowances
• Overtime and Shift Payments
• Stand-By and Call-Out Allowances

5. International and Expatriate Considerations

• International Pay
• Expatriates Rewards
• Home or Host Based Approach
• Managing Reward Systems
• Consolidation Exercise
• Review of Whole Course
• Developing Personal Development Plans
• Programme Review, Summary and Feedback

TRAINING METHOD

Presentation

Discussion

Case Study

Evaluation

FACILITY

Training Kit

Handout

Certificate

Lunch + 2x Coffee Break

Souvenir

Pick Up Participants (Yogyakarta)

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