Compensation Planning & Budgeting
The workshop will cover
- How to create an internal project plan for updating your company’s base pay plans
- How to develop a salary plan update schedule
- How to analyze the competitiveness of the company’s pay structures and pay practices
- How to use scatter grams and regression analysis to analyze internal pay relationships to identify problem areas
- How to develop your company’s definition of internal equity
- How to calculate individual and group compa-ratios
- How to model and calculate base pay costs
- How to recommend base pay to management
- Considerations in the amount of the increase
- Merit increase guidelines and timing of increases
Attending this workshop will help participants
- Create an internal project plan for updating your company’s base pay plans
- Develop a salary plan update schedule
- Develop a base pay recommendation to management
- Analyze the competitiveness of the company’s pay structures and pay practices
- Use scatter grams and regression analysis to analyze internal pay relationships to identify problem areas
- Develop your company's definition of internal equity
- Calculate individual and group compa-ratios
- Model and calculate base pay costs
- Determine data requirements and collection
- Establish merit increase guidelines
- Determine the timing of increases
Workshop participants
Attend this program if you specialize in one or more of the following areas: HR Generalists, or Professionals who specialize in compensation and benefits and business partners.
Attend this program if you specialize in one or more of the following areas: HR Generalists, or Professionals who specialize in compensation and benefits and business partners.
Date
20th August, 2010
20th August, 2010
Workshop fees
- 1-day workshop
Public participant: USD450 + 10% VAT
Talentnet client: USD350 + 10% VAT
Talentnet client: USD350 + 10% VAT
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Tel:
(84 8) 6291 4188 - Ext: 209
Related Information
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