JOB STRUCTURE AND COMPENSATION PROGRAM DESIGN: HOW TO DESIGN AND DEVELOP A

How you pay your employees is part of a bigger overall mission to attract and retain the best talent.

What options are available for companies who want to stay competitive in the job market?

See why the compensation guidelines you currently have in place and how new businesses can create a structure from scratch.

Whether you have a compensation policy or not, it is a good idea to revisit it from time to time, in line with the changing business scenario, both internal and external.

Here is a 1-day virtual intensive MasterClass a step by step process to evaluate and design an appropriate compensation philosophy to ensure you retain and engage the best of talent.


MasterClass 3.0

Job Structure and Compensation Program Design: How to Design and Develop a Competitive Salary Structure

Thursday, June 17, 2021
PART 1: 10:00 AM – 12:00 NN PHT
PART 2: 2:00 PM – 5:00 PM PHT

?REGISTER NOW! CALL US!
8832-9901 | 8835-9354
(Globe/Viber) 0917-3257870
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BUY TICKET: https://www.ariva.com.ph/reservation-competive-salary-structure/

View the complete details: https://www.ariva.com.ph/2021-e-learning-competitive-salary-structure/
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Webinar Description:

People form a critical lever in organizational success. However, the job market has become ultra competitive with organizations getting neck-deep in the war for talent. While organizations end up spending millions on hiring the right people, they often end up ignoring another critical channel—talent retention. Compensation forms an important part of retention, especially in an open job market where top talent has a number of opportunities to choose from. This calls for devising an infallible compensation philosophy and policy, one that meets the people’s needs and yet meets the strategic goals of the organization.

Compensation is a critical area of human resource ( HR ) management and one that can greatly affect employee behavior. To be effective, compensation must be perceived by employees as fair, competitive in the market, accurately based, motivating and easy to understand.

Designing competitive pay practices to attract and retain top talent is a key strategic priority for HR and compensation professionals and one that can greatly affect employee behavior. In this webinar the participants will be given the comprehensive view of compensation and how to implement in the company. This includes the step by step process of creating a compensation program for the company. From pay rates to policies, the participant will be guided through actual interactive exercises.
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Webinar Objectives:

The specific objectives of this unique fun-filled e-learning experience are:

• Write a job description using a job ****ysis
• Use the point method to conduct a job evaluation.
• ****yze pay survey data for benchmark jobs.
• Create a pay policy line based on a stated pay-level strategy.
• Create pay grades.
• Establish pay ranges.
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Key benefits from attending this e-learning masterclass:

?By attending this online learning session your organization and your participants will be able to:

• Learn the requirements for establishing a competitive salary structure;
• Utilize the latest techniques in compensation administration; and
• Experience how to compute the right formulas for salary determination.
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Who Should Attend?

This online learning session is suitable to a wide range of professionals but will greatly benefit:

HR Professionals, HR Supervisors and Managers, Payroll Supervisors, Accounting or Finance Head, Business owner and entrepreneur, Anyone who would like to learn salary structures and policies, Department Heads and executives of the company
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Webinar Outline

Session 1: Job ****ysis

Session 2: Job Evaluation

Session 3: Pay Policy Identification

Session 4: Pay Survey ****ysis

Session 5: Pay Structure Creation