المخرجات
By the end of this training course, trainees will be able to :
- To determine equitable wage differentials between different jobs in the organization.
- Developing a systematic and rational wage structure
- To eliminate wage inequities. It aims at establishing consistency between the wage and salary structure adopted by the firm and that of the other firms.
- To enable management to gauge and control the payroll costs.
الفئة المستهدفة
- HR generalists , HR specialists, Compensation & Benefits specialists seeking to gain further practical skills and up-to-date insights in all of the key domains of HR
- Individuals currently working in HR who lack a formal academic qualification in business or HR
- Individuals considering transitioning into an HR managerial role.
المحتويات
- Money & Motivation Theories.
- Intrinsic & extrinsic rewards.
- Economic Factors That Affect Compensation.
- Three Wage Decisions:
- The Wage-level Decision.
- Wage-structure decision.
- Individual wage decision.
- Wage Surveys.
- Job Evaluation Methods.
- Non-quantitative “whole-job” methods:
- Job Ranking.
- Classification.
- Quantitative “factor-by-factor” methods:
- Point Method.
- Factor Comparison.
- Job Pricing.