HRM ,Training

Training Course: Salary Structure Essentials: Building a Solid Foundation


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HR1948

19 - 23 May 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5250 € Euro

Introduction:

Welcome to the Salary Structure Essentials training program, designed by Global Horizon Training Center. This comprehensive program aims to provide participants with a solid foundation in understanding and creating effective salary structures within organizations. By exploring key concepts, methodologies, and best practices, participants will gain the necessary knowledge and skills to design fair and competitive compensation systems.

 

Objectives:

  • Understand the importance of salary structures in attracting and retaining talent.

  • Explore different components and elements of a well-designed salary structure.

  • Learn various methodologies and approaches to determine job grades and salary ranges.

  • Identify strategies for aligning salary structures with organizational goals and market trends.

  • Gain insights into the legal and ethical considerations when developing salary structures.

  • Develop practical skills to analyze, design, and implement salary structures within their organizations.

 

Methodology:

The training program will incorporate a dynamic and interactive learning approach to maximize participant engagement and knowledge retention. The program will utilize a variety of instructional methods, including:

  • Lectures: In-depth presentations by subject matter experts to introduce key concepts and theories.

  • Case Studies: Real-world scenarios and examples to facilitate practical application of concepts.

  • Group Discussions: Collaborative sessions to encourage peer learning and the exchange of ideas.

  • Hands-on Exercises: Practical activities and simulations to enhance participant skills and understanding.

  • Q&A Sessions: Opportunities for participants to seek clarification and address specific concerns.

  • Resource Materials: Comprehensive handouts, reference guides, and online resources for further learning.

 

Target Audience:

This training program is suitable for HR professionals, compensation and benefits specialists, managers, supervisors, and anyone involved in designing or administering salary structures within their organizations. The program is designed to accommodate participants at various levels of experience and expertise in the field of compensation.

 

Outlines:

Day 1:

Introduction to Salary Structures

  • Importance and benefits of effective salary structures

  • Overview of compensation philosophy and strategy

  • Key components of a salary structure

  • Legal and regulatory considerations

 

Day 2:

Job Analysis and Evaluation

  • Conducting job analysis and job descriptions

  • Job evaluation methods and systems

  • Developing job grading criteria

  • Assessing internal equity and external competitiveness

 

Day 3:

Salary Surveys and Market Data

  • Introduction to salary surveys and market data sources

  • Analyzing and interpreting market data

  • Benchmarking and establishing salary ranges

  • Addressing regional and industry-specific variations

 

Day 4:

Designing and Implementing Salary Structures

  • Defining salary bands and pay grades

  • Determining salary differentials and progression

  • Considering factors such as performance, experience, and skills

  • Communicating salary structures and policies to employees

 

Day 5:

Evaluating and Maintaining Salary Structures

  • Evaluating the effectiveness and fairness of salary structures

  • Conducting periodic salary reviews and adjustments

  • Addressing salary compression and inversion issues

  • Adapting salary structures to changing organizational needs and market trends

HRM ,Training

Training Course: Salary Structure Essentials: Building a Solid Foundation


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

HR1948

19 - 23 May 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.
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