Compensations And Benefits, Job Evaluation & Job Analysis

Understanding and being able to undertake effective job analysis and evaluation is an essential activity for Human resources professional, and a powerful tool for line managers to use. Together they form the basis of the requirements of a job role and determine the job's value or worth to the organization, thereby ensuring appropriate remuneration is applied. You can then ensure that your positions are objectively evaluated and advise on the most appropriate structure for your organization. This seminar is designed to provide participants with an understanding of different job analysis and evaluation methodologies and how job analysis and evaluation is used as the basis for designing pay and grade structures.

Course Objectives

By the end of the program, participants will be able to:

• Understand the basic principles and major elements of compensation
• Understand the various processes in compensation: Job Analysis, Job Descriptions, Job Evaluation and Compensation Surveys
• Determine and explain what makes up a sound and effective compensation and benefits program
• Design a salary structure and related policies
• Design and carry out a compensation survey
• Design and carry out a compensation survey

Who Should Attend?

Professionals working in the function who wish to acquire relevant knowledge and skills, and for those working in other areas of human resources who wish to broaden their understanding of this important function

Course Outline

Managing Compensation – An Overview

• Compensation Objectives and Components
• Factors Affecting Compensation
• An Effective Compensation Management System

Job Analysis and Job Descriptions

• Principle Approaches to Job Analysis
• Carrying Out a Job Analysis Interview
• The Need for Job Descriptions

Job Evaluation

• Job Evaluation Defined and Job Evaluation Methods
• The Hay System- An Overview
• Well known International system Explained

Benefits

• Definition
• Objectives of a Benefits Program
• Regional Practice – Types of Benefits
• Savings Schemes/Provident Funds
• Share Acquisition Schemes – Beware!

Introduction to Compensation Surveys

• Why We Do Them?
• The Six Steps in Carrying Out a Compensation Survey

Compensation Structures

• Objectives of Compensation
• Regional Compensation Practice
• The Economic Factor in Compensation

Allowances

• Purpose
• Types of Allowance

Frequently Asked Questions
Answers to Questions on Compensation and Benefits You Never Knew You Had

Course Methodology

A variety of methodologies will be used during the course that includes:

• (30%) Based on Case Studies
• (30%) Techniques
• (30%) Role Play
• (10%) Concepts
• Pre-test and Post-test
• Variety of Learning Methods
• Lectures
• Case Studies and Self Questionaires
• Group Work
• Discussion
• Presentation

Course Fees

This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.

Course Timings

Daily Course Timings
08:00 - 08:20       Morning Coffee / Tea
08:20 - 10:00       First Session
10:00 - 10:20       Coffee / Tea / Snacks
10:20 - 12:20       Second Session
12:20 - 13:30       Lunch Break & Prayer Break
13:30 - 15:00       Last Session