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| Title | : | COMPENSATION AND BENEFITS MANAGEMENT FOR HR MANAGERS & EXECUTIVES |
|---|---|---|
| Date | : | 3/26/2012 - 3/27/2012 |
| Venue | : | Eastin Hotel, Petaling Jaya |
| Fees | : | RM 1080.00 per participant |
Introduction
Almost everyone in a profit-oriented organisation works because of compensation and benefits. Employees look for a certain minimum compensation to meet their cost of living expenses and thereafter to be compensated according to market conditions. Besides this employees expect to be given a fair compensation in comparison to others. Employees also want to know their compensation and benefit plan for the future as part of having a secure career plan
Employers on the other hand need a proper compensation and benefits programme to attract and retain employees. The also need this for planning and budgeting purposes.
Objectives
At the end of the programme, participants are able to:
- Draft proper job descriptions and specifications
- Draw up a job evaluation chart and evaluate jobs for internal equity
- Establish job grades, pay grades and salary structures
- Use performance appraisal ratings to match salary increases and bonuses
- Draw up an equitable incentive scheme including gain sharing plans
- Administer annual leave plans
- Compute pay for work during work hours and OT on a rest day and public holiday
- Compute encashment of annual leave and public holidays
- Process pay for resignation and termination of services
- Administer retrenchment and retirement benefits
- Administer non-mandatory benefits
- Administer medical benefits
- Administer maternity and paternity benefits
- Administer SOCSO & EPF contributions and claims
About the Programme
This comprehensive programme covers the entire spectrum of compensation and benefits management.
It starts off with the basic HR tool of writing proper job descriptions and specifications suitable to make compensation decisions, followed by job evaluation to determine an internally equitable salary structure in tandem with the market.
Then it goes into the management of the various benefits both legal and market driven.
Why Attend This Programme?
Participants get to experience the management of the various aspects of compensation and benefits through experiential workshop exercises led by a facilitator with practical work and training experience.
Methodology
Presentations, case situations, discussions
Course Content
1) What is Compensation and Benefits (C & B)?
. Components in a compensation package
. What do employees seek in compensation and benefits?
. Equity in financial compensation
. Factors that influence C & B
2) Job Descriptions & Job Specifications for Compensation
· Job Analysis as a basic HR tool
· Information for Job Analysis
· How to write effective Job Descriptions and Job Specifications
3) Points Method of Job Evaluation
· Type and Description of compensable factors
. No of Points
· Degree of compensable factors
· Survey of external market
· Internal equity factors
· HAY method
4) Pay Structures
· Job grades and pay grades
· Fixed scale / Pay ranges
· Increment percentages and quantum
· Paying for cost of living
5) Incentives
· OT
· Commissions
· Performance Bonus
· Profit sharing
· Gain sharing
· Service points
· Merit increase
6) Pay for Normal Work Hours / Annual Leave / PH / Rest Days and OT
. Normal working hours & days
. No of days of entitlement of AL, PH and RD
. Rate of pay for encashment of AL/ PH
. Rate for work done during normal hours / OT rates
7) Medical Benefits
· Sick Leave
· Prolonged illness leave
· Medical treatment
· Hospitalization benefit
8) Maternity & Paternity Benefits
· No of maternity leave days
· Eligible period
· Maternity delivery benefit
· Paternity benefits
9) Termination & Retrenchment Benefits
. Notice period
. Rate of compensation for retrenchment
. Computing last date of employment and last salary on termination
. VSS
. Who is eligible for termination benefits
10) EPF & SOCSO
. Who must contribute?
. Types of schemes
. Rate of compulsory contribution
. Benefits of SOCSO & EPF
. Making claims
11) Other Benefits & Perks
. Group insurance policy
. Retirement benefits
· Additional leave for special purposes
· Additional benefits for special purposes
· ESOS
. Education benefits / Scholarships
· Loans
· Perks
· Allowances for special purposes
Who Should Attend?
. HR Managers
. HR Executives
. Compensation & Benefits Specialists
Trainer’s Profile
Cyril Pagadala comes with more than 18 years of real hands-on work experience in Human Resource Management, Operations, Customer Service and Administration.
His work experience covers various industries such as the banking, manufacturing, hospitality and other service industries He has worked for both local and multinationals and in both small and large companies. His last position was as Director of Human Resource & Administration of a group of companies.
He has a BA in English and an MA in Human Resource Management. He is now a lecturer and corporate trainer for many years
He has gone through the whole gamut of HRM functions including: setting up the HR Department A-Z and company start up operations with appropriate systems in a new organization as part of start-up operations, developing policies and procedures, writing operational procedures, developing performance appraisal standards, managing recruitment and selection, setting up wage systems, payroll administration, designing motivation strategies, reducing employee turnover, training handling misconduct, taking disciplinary action, conducting the domestic inquiry, handling grievances, carrying out negotiations with trade unions and collective agreements, etc
His tenure in organizations has provided with him with deep insight and lasting exposure to various problems and solutions of different kinds. He brings this to his specialised areas of training such as job skill analysis, interview skills, HR planning, compensation, performance management, people development & motivation; Employment & Industrial Laws; Managerial & Supervisory Skills; Customer Relations; Soft Skills; English and Business Communication.
He delivers and facilitates the programmes in a simple, easy-to-understand way and willingly shares knowledge. Due to his real hard-knock work experience, he is able to provide many simple solutions to work challenges.
His participants range from CEOs, managers, executives, supervisors to clerks; and professional engineers, lawyers and computer specialists both local and foreigners. He has many repeat clients. Maybe this is due to his simple philosophy: “SHARE REAL WORK KNOWLEDGE”. Perhaps a cue may also be taken from a participant: ‘I NEVER KNEW THIS WAS SO EASY!’
Course Fees
RM. 1080/- per Person (Includes Lunch, Tea-Breaks, Course Notes and Certificate of Completion)
Almost everyone in a profit-oriented organisation works because of compensation and benefits. Employees look for a certain minimum compensation to meet their cost of living expenses and thereafter to be compensated according to market conditions. Besides this employees expect to be given a fair compensation in comparison to others. Employees also want to know their compensation and benefit plan for the future as part of having a secure career plan
Employers on the other hand need a proper compensation and benefits programme to attract and retain employees. The also need this for planning and budgeting purposes.
Objectives
At the end of the programme, participants are able to:
- Draft proper job descriptions and specifications
- Draw up a job evaluation chart and evaluate jobs for internal equity
- Establish job grades, pay grades and salary structures
- Use performance appraisal ratings to match salary increases and bonuses
- Draw up an equitable incentive scheme including gain sharing plans
- Administer annual leave plans
- Compute pay for work during work hours and OT on a rest day and public holiday
- Compute encashment of annual leave and public holidays
- Process pay for resignation and termination of services
- Administer retrenchment and retirement benefits
- Administer non-mandatory benefits
- Administer medical benefits
- Administer maternity and paternity benefits
- Administer SOCSO & EPF contributions and claims
About the Programme
This comprehensive programme covers the entire spectrum of compensation and benefits management.
It starts off with the basic HR tool of writing proper job descriptions and specifications suitable to make compensation decisions, followed by job evaluation to determine an internally equitable salary structure in tandem with the market.
Then it goes into the management of the various benefits both legal and market driven.
Why Attend This Programme?
Participants get to experience the management of the various aspects of compensation and benefits through experiential workshop exercises led by a facilitator with practical work and training experience.
Methodology
Presentations, case situations, discussions
Course Content
1) What is Compensation and Benefits (C & B)?
. Components in a compensation package
. What do employees seek in compensation and benefits?
. Equity in financial compensation
. Factors that influence C & B
2) Job Descriptions & Job Specifications for Compensation
· Job Analysis as a basic HR tool
· Information for Job Analysis
· How to write effective Job Descriptions and Job Specifications
3) Points Method of Job Evaluation
· Type and Description of compensable factors
. No of Points
· Degree of compensable factors
· Survey of external market
· Internal equity factors
· HAY method
4) Pay Structures
· Job grades and pay grades
· Fixed scale / Pay ranges
· Increment percentages and quantum
· Paying for cost of living
5) Incentives
· OT
· Commissions
· Performance Bonus
· Profit sharing
· Gain sharing
· Service points
· Merit increase
6) Pay for Normal Work Hours / Annual Leave / PH / Rest Days and OT
. Normal working hours & days
. No of days of entitlement of AL, PH and RD
. Rate of pay for encashment of AL/ PH
. Rate for work done during normal hours / OT rates
7) Medical Benefits
· Sick Leave
· Prolonged illness leave
· Medical treatment
· Hospitalization benefit
8) Maternity & Paternity Benefits
· No of maternity leave days
· Eligible period
· Maternity delivery benefit
· Paternity benefits
9) Termination & Retrenchment Benefits
. Notice period
. Rate of compensation for retrenchment
. Computing last date of employment and last salary on termination
. VSS
. Who is eligible for termination benefits
10) EPF & SOCSO
. Who must contribute?
. Types of schemes
. Rate of compulsory contribution
. Benefits of SOCSO & EPF
. Making claims
11) Other Benefits & Perks
. Group insurance policy
. Retirement benefits
· Additional leave for special purposes
· Additional benefits for special purposes
· ESOS
. Education benefits / Scholarships
· Loans
· Perks
· Allowances for special purposes
Who Should Attend?
. HR Managers
. HR Executives
. Compensation & Benefits Specialists
Trainer’s Profile
Cyril Pagadala comes with more than 18 years of real hands-on work experience in Human Resource Management, Operations, Customer Service and Administration.
His work experience covers various industries such as the banking, manufacturing, hospitality and other service industries He has worked for both local and multinationals and in both small and large companies. His last position was as Director of Human Resource & Administration of a group of companies.
He has a BA in English and an MA in Human Resource Management. He is now a lecturer and corporate trainer for many years
He has gone through the whole gamut of HRM functions including: setting up the HR Department A-Z and company start up operations with appropriate systems in a new organization as part of start-up operations, developing policies and procedures, writing operational procedures, developing performance appraisal standards, managing recruitment and selection, setting up wage systems, payroll administration, designing motivation strategies, reducing employee turnover, training handling misconduct, taking disciplinary action, conducting the domestic inquiry, handling grievances, carrying out negotiations with trade unions and collective agreements, etc
His tenure in organizations has provided with him with deep insight and lasting exposure to various problems and solutions of different kinds. He brings this to his specialised areas of training such as job skill analysis, interview skills, HR planning, compensation, performance management, people development & motivation; Employment & Industrial Laws; Managerial & Supervisory Skills; Customer Relations; Soft Skills; English and Business Communication.
He delivers and facilitates the programmes in a simple, easy-to-understand way and willingly shares knowledge. Due to his real hard-knock work experience, he is able to provide many simple solutions to work challenges.
His participants range from CEOs, managers, executives, supervisors to clerks; and professional engineers, lawyers and computer specialists both local and foreigners. He has many repeat clients. Maybe this is due to his simple philosophy: “SHARE REAL WORK KNOWLEDGE”. Perhaps a cue may also be taken from a participant: ‘I NEVER KNEW THIS WAS SO EASY!’
Course Fees
RM. 1080/- per Person (Includes Lunch, Tea-Breaks, Course Notes and Certificate of Completion)
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 603 7880 0413 |
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