FormatechEdu

Course Outline


Compensation and Benefits

Duration

12 Hours

Language

English

Summary

This workshop guides participants in the process of designing a proper salary structure through leading a job analysis initiative and conducting a salary survey.

Target Audience

This course will appeal to a wide range of audiences and is intended for HR specialists.

Skills Gained

Upon completion of workshop participants will be able to:

  • Define the elements of the employee’s salary
  • List typical employee benefits
  • Undergo a job evaluation initiative
  • Conduct  a salary survey
  • Design a simple salary structure

Topics Covered

1.       The Compensation and Benefits Strategy

  • Internal and External Equity
  • Entitlement Culture Versus Performance Culture

2.         Manpower Planning Overview

  • HR Planning Process
  • Elements of Manpower Planning
  • Forecasting
  • Supply Analysis

3.       The Employee Salary

  • Basic Salary
  • Other

4.       Employee Benefits

  • Benefits According to The Lebanese Code of Labour
  • Additional Benefits

5.       Job Evaluation Methods

  •  Ranking Method
  •  Classification Method
  •  Point Method

6.       Salary Surveys

  • Salary Survey Methodology
  • Identification of Benchmark Jobs
  • Interpretation of Salary Survey Results

7.       Salary Structures

  • Traditional Salary Structures Versus Broad Banding
  • Steps for Building A Salary Structure

Methodology

  • Learning Concepts/Presentations
  • Group Activities and Discussions
  • Tips and Tools
  • Individual and Team Exercises
  • Role Plays/Case Studies
  • Educational Videos
  • Action Plan to ensure Application of the Learning