Setting Up a Salary Structure for Equitable Compensation Management

  

About this Course

How do organisations determine entry salaries, increments and keep salary levels up-to-date year after year? How do compensation practitioners answer to management on salary costs and explain to employees about their salary questions? These are basic questions for salary administration. This course aims to equip participants with the skills of setting up and managing an equitable salary structure that is aligned with the latest 2014/2015 National Wage Council's recommendations. Participants will be guided with in-class computer simulation activities to develop automated computerised spreadsheet template to set up the salary system. The techniques of establishing salary range mid-point, minimum and maximum salary levels for each job are the key topics of this course. This course is targeted to equip salary administrators such as HR practitioners, finance and office administrators without formal training in compensation management with the essential techniques to set up a credible salary system.

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