Essentials of Compensati

onA 4-day workshop for Reward

pros, HR Generalists and Finance Managers

http://compensationinsider.com/compensation-and-benefits-training/

Key takeways

1. Understand the various approaches to job descriptions and job evaluations

2. Decide which kind of grading system to apply for your company, and how to create the related salary bands

3. Discover tips to help you facilitate how to prepare the salary survey files

4. Set the budget for salary reviews5. Apply differentiation techniques for salary increases

and promotions6. Learn how pay and performance connect7. Understand employee engagement and how to link

it to Rewards© 2017

Who should attend ?3 main audiences will benefit from this training : Mid-career Compensation professionals who

are looking for practical advice helping them to perform accurate and varied work.

HR generalists of all levels of seniority who are looking for a broad understanding of the role of the Rewards functions and how it brings value to the organisation – a refresher delivered in a practical manner.

Finance professionals or General Managers of smaller companies who are involved in pay, bonus, budget and other Rewards-related activities. This seminar will give them the background required to make the right decisions for their organisation.

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About your course trainer

Sandrine has over 23 years of experience acquired in Rome, London, Milan, Paris, Turin, Dubai and Abu Dhabi.

She spent these years specialising in C&B at Philips, France Telecom, Sita, Apple, Microsoft, Fiat Group based out of Europe then in the UAE at Majid Al Futtaim and Mubadala, leading Performance & Reward globally for these two prestigious regional organisations.

Since 2013, she is now offering specialised C&B training, consulting and keynote speaking services throughout the Middle East and Asia.

Sandrine BardotTotal Rewards expertC&B trainer, speaker, blogger and consultantCompensationInsider.com

Delivery style The whole training provides a small base of

theoretical info where needed, but is more importantly based on Sandrine’s 23 years of experience in the high-tech, telecom, retail, manufacturing, finance and real estate industries in Europe, the Middle East, Africa.

As a result, it’s full of practical ideas, examples, and includes case studies/exercises. In a relaxed manner, she shares tricks and anecdotes to make it easy for participants to apply some of these concepts and new skills when they return to work.

Sandrine encourages the delegates to participate and ask questions, share their situation…

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Sandrine is an amazing trainer and facilitator, she has excellent skills of making the information flow easy to

understand by the attendees at different levels. (…) She gave some

excellent examples and doable action plan in building up your own retention

scheme.

Khalid Sawalha, Director of HR and Corporate Affairs, Al Badia Cement, Jordan

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Sandrine is a reference. We benefited a lot from her experience. She’s definitely a great consultant.

Juliette Abou Rahal, Personnel and Compensation & Benefits Manager, Murex,

Lebanon

Section 1 : The Reward PolicySection 2 : From job descriptions to salary rangesSection 3 : Essentials of Performance ManagementSection 4 : Salary Reviews and promotionsSection 5 : IncentivesSection 6 : Retention, recognition and engagementSection 7 : Implementation

Course Outline

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Section 1 – The Reward policy

You will understand the “big picture” of defining your pay philosophy, and why it is a cornerstone of all other C&B activities.

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Section 2 – From job descriptions to salary ranges You will learn why you should not have

more than 3 salary ranges, and will discuss the different methodes of performing job evaluations.

You will uncover how to flawlessly participate to salary surveys.

You will also master the basics of mathematics for managing midpoints, and understand which elements to look at when updating your salary ranges.

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Section 3 – Essentials of performance management

This section describes current practices in pay for performance.

We will also go through an example related to the adaptation and implementation of performance management systems.

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Section 4 – salary reviews and promotions

We will discuss which criteria to use for awarding salary increases and promotions, in which order to apply the increases, how to set your budget, and the principles behind merit matrices for individual salary increase recommendations.

Promotions and managing allowances will also be covered.

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Section 5 - Incentives

This module focuses on the theories that underline incentive schemes.

We will then cover some principles around incentive design, and discuss payout curves in detail.

You will be able to understand the mechanics of the scheme in your organisation, so that you can perform payout calculations accurately.

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Section 6 – Retention, recognition and engagement

Discover metrics that indicate a potential decrease in employee engagement, watch recommendations from world-famous Dan Pink, and learn about designing recognition schemes.

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Section 7 - Implementation

And now, it’s “let’s do it!” time ! Through real-life examples, we will discuss how C&B supports the company culture, learn which skills are important to get buy-in, and how to use a compensation communication matrix.

We will conclude with Sandrine sharing some ideas to help you continue your learning in-house.

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“Essentials” vs “Advanced” : Deciding which training to attend - what’s unique to each

Job descriptions and job evaluations techniques

Understanding the essentials of mathematics for C&B work (percentiles, median vs average, weighted average, annualisation and proratisation…)

Managing allowances Recognition schemes

Creating the midpoint of the salary range from scratch

C&B and hiring New trends in

performance management

Setting up a brand new merit matrix

Incentive design (including Sales and Executive pay)

Benefits, international mobility and Reward Committees

Essentials of Compensation

Advanced Compensation & Benefits

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Want to know more ?

For detailed brochure and course content, dates, location, cost, or in-house delivery, please contact

sandrine@compensationinsider.com+971 526 414 388

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