Strategic Compensation Design

Hong Kong Institute of Human Resource Management
Strategic Compensation Design
DATE & TIME (Expired)
11 Jul 2019 (Thu)
9:30 AM - 5:30 PM
PRICE
HKD 2,800
(Member Fee: $2000
Non Member Fee: $2800)
ORGANISER
Hong Kong Institute of Human Resource Management
LOCATION
HKIHRM, Suite 1503, 15/F, 68 Yee Wo Street, Causeway Bay, Hong Kong
DESCRIPTION

To remain competitive in nowadays business environment requires not only good planning, execution and control but also committed people working in alignment with company’s goals. A meaningful system that helps manage performance and motivate staff to go “Extra Mile” is essential for organisation success.This workshop will equip participants with knowledge and field-proven techniques through a step-by-step approach for designing a compensation system that helps align staff performance with the corporate business strategies and also advocate the “Pay-for-Extra” culture.

 

Speaker:

Mr Wilson Chu

 

- Definition of Compensation
- Different Compensation Packages in the Market
- Financial vs Non-financial Reward
- How Economic Trend Influences Compensation Strategy & Practices
- Aligning Compensation Strategy with Business Directives & Corporate Values
- Influencing Forces to Compensation Strategy
- Developing Your Compensation Strategy in Alignment with Business Directives
- Introduction to Strategic Compensation Management
- Writing Effective Job Descriptions for Various Positions
- Conducting Job Evaluation Step-by-step
- Developing Grade & Salary Structure
- Analysing Market Pay Trend Data
- Designing Long-term & Short-term Incentive Schemes
- Linking the Incentive Schemes with Performance Measurement Results


For more details and registration, please click here.
DATE & TIME (Expired)
11 Jul 2019 (Thu)
9:30 AM - 5:30 PM
PRICE
HKD 2,800
(Member Fee: $2000
Non Member Fee: $2800)
ORGANISER
Hong Kong Institute of Human Resource Management
LOCATION
HKIHRM, Suite 1503, 15/F, 68 Yee Wo Street, Causeway Bay, Hong Kong
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