Designing a Compensation & Benefit Scheme & Ensuring Satisfactory Performance
Employee benefits are optional, non-wage compensation provided to employees in addition to their normal wages or salaries. These types of benefits may include group insurance (health, dental, vision, life etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation (paid and non-paid), funding of education, as well as flexible and alternative work arrangements.
· Line managers and supervisors who are held accountable for the performance of the organization and its employees and Human Resources professionals who are responsible for the design and implementation of performance management systems.
· Human Resources staff who are responsible for the administration and management of benefits and reward
· Compensation and Benefits specialists who are new to the area or are looking for a refresher program
· More senior HR staff who are interested in the ‘Strategic’ value of the Compensation and Benefits area
· Line managers who are responsible for managing and motivating staff – and need a better understanding of how to manage remuneration
Module 1:
Performance Management – Introduction and Definitions
Establishing Effective Objectives
Module 2:
Managing Performance
The Importance of Coaching
Module 3
Conducting Effective Performance Appraisals
Other Dimensions in Performance Management
Module 4
Compensation and Benefits - Good Organizational Practice
· Philosophy of reward
· Pay structures and systems
· The psychological contract
· Reward strategies
· Job grades
· Career mapping
· Job evaluation
· Pay surveys
Compensation and Benefits - in Context: Motivation Models
· Performance management
· Competency frameworks
· Performance related pay
· Money and motivation
· Team rewards
· Upward appraisal
· 360 appraisal
· Contingent pay
Module 5
Equality and Diversity
· Recognition schemes
· Discrimination and diversity
· Equal pay
· Equal pay audits
· Job analysis
Current Good Practice
· Flexible benefits
· National minimum wage
· Sales staff
· Profit sharing
· Case study
· Review of learning
· Action planning
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