HRM ,Training

Training Course: Compensation Packages and Salary Structure


Register Now
Quick Inquiry
Discount Group Download Brochure (38)

HR3041

10 - 14 Mar 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5250 € Euro

Introduction

Successful management and motivation of employees are 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 a holistic approach to reward systems, and provides delegates with sufficient input to get started in this fascinating area of HR.

Objectives

  • 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

Outlines

DAY 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

  • Labor markets and economic theories

  • Reward philosophies, strategies, and policies

  • Factors Affecting Pay Levels

DAY 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

DAY 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 organizational performance

DAY 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

DAY 5 - International and Expatriate Considerations

  • International pay

  • Expatriates rewards

  • Home or host-based approach

  • Managing reward systems

  • Consolidation exercise

  • Review of the whole course

  • Developing personal development plans

  • Program review, summary and feedback

HRM ,Training

Training Course: Compensation Packages and Salary Structure


Register Now
Quick Inquiry
Discount Group Download Brochure (38)

HR3041

10 - 14 Mar 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5250 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
 22 Portman Square, Marylebone, London W1H 7BG, UK
 3 Oudai street, Aldouki, Giza, Giza Governorate, Egypt
 0020233379764
 00201095004484
 00201102960555
 00201102960666
 19 Mayıs Mahallesi, 19 Mayis Street No 2 Sisli, 34360 Istanbul/Turkey
 00905357839460
 Australia Street, Raouche Beirut, Lebanon .، Beirut, Lebanon
 0096181746278
 811 Massachusetts Avenue, Boston, Massachusetts, 02118, USA
 6 Beirut Street - Fifth Circle Abdoun, P.O. Box 831370, 11183 Amman, Jordan
Copyright Global Horizon Training Center © 2019