Rewards Management: Compensation Packages and Salary Structures
Course Description
Successful performance and motivation of employees is clearly linked to their 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 highly engaging program, Rewards Management: Compensation Packages and Salary Structures focuses on the essential elements of employee reward, proposes an holistic approach to reward systems and provides delegates with sufficient input to get started in this fascinating area.
The Training Course Will Highlight ?

The program will specifically cover the following:

  • Pay and Reward related to the labor market
  • Different types of pay structures
  • Job Evaluation before developing Grades and Broad banding
  • Incentive payments and pay for performance
  • Rewarding skills and competencies
  • Performance appraisals and merit increases/bonus payments
Training Objective

Target Audience

  • HR practitioners working with Compensation and Payroll
  • All staff who work in Human Resources, Personnel or related areas
  • Those new to HR or interested in a career in HR
  • Other professionals and Line Managers would also benefit from an understanding of the methods of reward
  • Those who manage, supervise or have an organizational interest in Reward and want to examine modern practices

Training Methods

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include;

  • Lectures
  • Workshop & Work Presentation
  • Case Studies and Practical Exercise
  • Videos and General Discussions

Daily Agenda

Introduction to Reward Systems

  • Introduction to reward systems
  • The elements of reward
  • Reward Management
  • Labor markets and economic theories
  • Reward philosophies, strategies and policies
  • Factors affecting pay levels

Salary Structures

  • Influences on pay and reward
  • Understanding and developing grade structures
  • Pay structures – purpose
  • Graded pay structures
  • Broad-banding
  • Other typical pay structures

Rewarding Individuals and Teams

  • Performance related pay
  • PRP as a motivator
  • Performance management and reward
  • Skill and competency based pay
  • Individual or team rewards
  • The link to organizational performance

Creating Structures, Benefits and Allowances

  • Creating Salary structures
  • Starting with Job Evaluation
  • Case Study – Development of a major new pay structure
  • Comparing market rate data and actual pay data
  • Non-financial rewards
  • Benefits and allowances

International and Expatriate Consideration

  • International pay
  • Expatriates rewards
  • Home or host based approach
  • Managing reward systems
  • Consolidation exercise
  • Developing personal development plans
Accreditation

BTS attendance certificate will be issued to all attendees completing minimum of 75% of the total course duration.

Quick Enquiry

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
HR145-01 09-06-2024 Dubai USD 5450
HR145-02 25-08-2024 Cairo USD 5450
HR145-03 13-10-2024 Dubai USD 5450
HR145-04 16-12-2024 Amsterdam USD 6950
Prices doesn't include VAT

UpComing Date


Details
  • Start date 09-06-2024
  • End date 13-06-2024

Venue
  • Country UAE
  • Venue Dubai

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

BTS keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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