Compensation Design & Pay for Performance Masterclass

This 2-day Masterclass will provide you with the information you need to make changes to your grading and salary structure. You will have an .. Read more opportunity to test various ideas and to establish what may work for you. You will also be given access to various tools and techniques, as well as information on the latest trends and developments both in the region and indeed globally. This course will involve working on practical case studies to gain detailed hands-on experience using the various tools and techniques that will be discussed throughout the course. You will work on the main approaches for establishing a pay strategy, conducting pay benchmarking (external competitiveness), and designing pay scales and salary structures and learning how to manage the salaries of employees (internal equity).

Highlights

• Explore the compensation tools that can be used to retain and motivate top performers.
• Discover practical steps for implementing a grading system with a pay strategy.
• Align your basic salary structures and grades and compensation and reward systems to your business.