Cambridge
Academy
In London

Course Duration: Five Training Days

Course Language : Arabic or English

Include:

Scientific materials with TAB

Workshops

Reception and farewell at the airport

Daily lunch

Coffee Break

To register, please contact us by email.

info@caclo.co.uk

Program Goals:

• Determine the wage policy to compensate the workers.

• Matching salary structures with the achievement of organizational objectives

• Developing salaries and grades

• Implementation of new grade and salary structures

• Systems and practices used to evaluate jobs.

• Role of job evaluation and salary surveys

• Performance management and linking pay to performance through payment and accrual

• The role of variable payment systems

• Role of retention and retention programmes

Target groups:

• CEOs of human resources

• Human Resources Directors

• Training and job development managers

• Manpower planning managers

• Personnel affairs directors

• Vice-Presidents for Human Resources

• Human Resources Specialist

• Human resources analysts

The contents of the program:

Introduction and concepts:

• What is the importance of reward management and compensation in organizations?

• The role of salaries and grades in rewards and compensation systems

Determine the wage policy that will be used to compensate the employee:

• Knowing the main components of wages and knowing the appropriate wages in the market

• determining the correct market for wages and understanding the wage sector.

• Determine the criteria and policies for wages and a reward strategy.

• Connecting wage policy and reward strategy with human resource strategy and commercial goals

Matching salary structures with the achievement of organizational objectives:

• Why are organizations considering creating new wage structures?

• How can the wage structure be evaluated so that it is supportive of achieving the work goals?

• Managing the balance between employees' expectations and the ability to pay wages

Development of salaries and grades:

• types of basic wage structures.

• Choose the appropriate salary structure and grades to meet the needs of the organization.

• Determine the grades and salary structures for the multinational workforce.

• Measuring and designing salaries and grades

• Changing the current grades and salary structure and methods that go through a transitional stage

• Understanding and managing salary comparisons

Introduction to compensation:

• Total rewards

• Direct and indirect compensation

• Trends in compensation curricula

Legal terms affecting compensation:

• Employment laws

• Laws vs. Policies

• Legal standards for best practices.

Structural design for compensation:

• Linking compensation to work needs and organizational culture

• Compensation as part of the total bonus

• Expanding the wage domain

• application, management, and preservation of the compensation system:

• Issues related to payment settlements or decisions

• Payment management

• Compliance

• Increase payment

• Differences in pay

• Effectiveness measurement: Evaluation of the Compensation System

Incentives:

• Types of plans to pay incentives

• Monitor incentive payment plans.

• The standards used usually

• Plans of payment for some of the chosen employees

Compensation in mergers, acquisitions, and international functions:

• Inclusion and acquisition operations

• International compensation

• The recent developments in the field of compensation

• Compensation resources

Performance management and linking pay to performance by payment and entitlement:

• Performance rewards within the increases in basic salaries and payment entitlement

• Linking the entitlement to pay wages to individual performance

• Annual review of the annual wage management process

• Incentive and alternative plan designs for short-term plans

The role of variable payment systems:

• Types of variable payment systems and current best practices in variable payment management

• How can incentives be used to help achieve work goals?

• Current trends in variable payment systems and incentives

• Variable pay as an element of the total elements of the wage strategy

The Role of Retention and Retention Programs:

• What is the relationship between talent management retention plans and employee plans?

• Identify the most appropriate retention schemes for organizations

• View types of typical plans to keep, and know their costs.