Compensations and Benefits, Job Evaluation & Job Analysis
Understanding and being able to undertake effective job analysis and evaluation is an essential activity for Human resources professional, and a powerful tool for line managers to use. Together they form the basis of the requirements of a job role and determine the job's value or worth to the organization, thereby ensuring appropriate remuneration is applied. You can then ensure that your positions are objectively evaluated and advise on the most appropriate structure for your organization. This seminar is designed to provide participants with an understanding of different job analysis and evaluation methodologies and how job analysis and evaluation is used as the basis for designing pay and grade structures.
By the end of the program, participants will be able to:
Professionals working in the function who wish to acquire relevant knowledge and skills, and for those working in other areas of human resources who wish to broaden their understanding of this important function
Managing Compensation – An Overview
· Compensation Objectives and Components
· Factors Affecting Compensation
· An Effective Compensation Management System
Job Analysis and Job Descriptions
· Principle Approaches to Job Analysis
· Carrying Out a Job Analysis Interview
· The Need for Job Descriptions
Job Evaluation
· Job Evaluation Defined and Job Evaluation Methods
· The Hay System- An Overview
· Well known International system Explained
Benefits
· Definition
· Objectives of a Benefits Program
· Regional Practice – Types of Benefits
· Savings Schemes/Provident Funds
· Share Acquisition Schemes – Beware!
Introduction to Compensation Surveys
· Why We Do Them?
· The Six Steps in Carrying Out a Compensation Survey
Compensation Structures
· Objectives of Compensation
· Regional Compensation Practice
· The Economic Factor in Compensation
Allowances
· Purpose
· Types of Allowance
Frequently Asked Questions
Answers to Questions on Compensation and Benefits You Never Knew You Had
A variety of methodologies will be used during the course that includes:
· (30%) Based on Case Studies
· (30%) Techniques
· (30%) Role Play
· (10%) Concepts
· Pre-test and Post-test
· Variety of Learning Methods
· Lectures
· Case Studies and Self Questionaires
· Group Work
· Discussion
· Presentation
This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Daily Course Timings:
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session