9:30 AM - 5:30 PM
(Member Fee: $2000
Non Member Fee: $2800)
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
9:30 AM - 5:30 PM
(Member Fee: $2000
Non Member Fee: $2800)