Implement wage restructuring

  

About this Course

This unit addresses the skills and knowledge required to implement wage restructuring. It covers benchmarking existing salary ranges, determining and implementing interventions.

1. Execute wage restructuring strategies 

2. Implement interventions

Learning Outcomes

1. Execute wage re-structuring strategies

  • Recommend wage restructuring strategies
  • Recommend criteria/ guidelines that trigger interventions 
  • Obtain buy-in from stakeholders on wage restructuring strategies
  • Implement  wage restructuring strategies
  • Integrate wage restructuring into other people management/human capital systems

2. Implement intervention

  • Monitor criteria/guidelines  that trigger interventions
  • Consult stakeholders on implementation of interventions
  • Execute interventions in a timely manner
  • Evaluate impact of interventions in a timely manner

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