About this Course
An efficient Compensation and Benefits management system is necessary for every company to attract, motivate and retain employees. Yet companies are often challenged to maintain a compensation system that balances internal equity with external competitiveness and is also aligned to the total strategic intent of the organisation. Objectives At the end of this two-day workshop, participants will be able to: Outline 1. Linking the rewards system to business strategy 2. Determining competitive pay practices while insuring internal equity 3. Variable pay plans 4. Performance Management system 5. Linking the Performance Management system to total rewards strategies 6. Benefits, a key element in the total rewards equation Methodology Applicable industry examples, group discussions and sharing, exercises, role play and case study. The workshop will also incorporate relevant industry literature/extracts as published by 3rd parties for relevant group discussions. Who Should Attend HR Business Partners, Finance Managers, Administrators, Payroll/Accounts Executives, People Managers and anyone interested or has responsibilities in the area of Compensation & Benefits. Benefits of Attending This Course Upon completion, participants will learn and share experiences on the importance of the need to maintain strong principles in Compensation Management and the impact of internal and external influences that could shift your ideal state. The question is “how much is too much”? What questions this training program provide answers to: Trainer Sarah Ng has more than 20 years of Compensation management experience in J-APAC in multiple industries from Hi-Tech Manufacturing & Sales to Gases & Chemicals and Professional Services assuming leadership roles in a Regional and Corporate capacity. She first built her compensation foundation skills with Intel Singapore Pte. Ltd., and has since progressively advanced in her career as a Regional C&B Manager in Wuthelam Holdings and Air Products & Chemicals, and as Head of Compensation & Benefits, J-APAC in Jones Lang LaSalle Property Consultants. Her regional experience spans across 13 countries in the Japan-Asia Pacific region. Sarah is highly competent in base salary structuring & job leveling; benchmarking & job pricing; variable pay plans design from inception in bonus plan modeling to its funding, allocation & distribution; mobility management; and benefits review & integration. As an internal consultant with the organizations she has worked for, Sarah develops and conducts regular education, training and/or communication programs for Business leaders, internal HR and Line Managers. Sarah has also lectured part-time the Compensation Modules for the Certificate, Diploma, Degree and Master HRM courses. She also conducts the Compensation module for HRSINGAPORE’s Certified Human Resources Manager (CHRM) Course. Sarah holds a Degree in Business Studies, Graduate Diploma in Personnel Management and professional qualification in Chartered Secretary.
2. How can I use survey information more effectively to support the business needs?
3. What kind of variable pay plans are out there?
4. How do I manage benefits programs if I don’t have a Job Grade system in my organization?
5. What are the things to look out for in Benefits Review?
Course Rating
- /5 from users
Course Enquiry
Course Info
- Course Provider HRSINGAPORE PTE. LTD.
- Course Category People
- Course Price $1280
Comments