Advanced Compensation & Benefit

Advanced Compensation & Benefit

Jogjakarta Plaza Hotel, Yogyakarta  |  17 – 19 Desember 2013 | Rp 6.800.000

 

PROGRAM OBJECTIVES
By the end of the program, participants will be able to:

  • Link effective compensation management to continuing business success.
  • Design and carry out compensation surveys.
  • Match compensation systems to organization culture.
  • Design a performance based reward system.
  • Discover the future of compensation in the region.
  • Discuss the growing global trend towards a work / life balance.

 

THIS PROGRAM IS DESIGNED FOR

Senior HR professionals, compensation managers and senior company executives who wish to broaden their knowledge of this important topic.

 

PROGRAM OUTLINE COMPENSATION & BENEFIT

The Executive Compensation Framework

  • Establishing the Context
  • The Notion of Fairness – What Does It Mean?
  • Definitions – Executive and Compensation
  • Linkages
  • The Executive Compensation Mix

Design of Executive Compensation Programs

  • Linkages – Business and Compensation
  • The Compensation Strategy Development Process
  • Compensation Strategies for your Industry – Horses for Courses
  • Utilizing a Total Compensation Approach
  • What Does Competitive Mean to you?

Compensation Surveys: Design

  • Establishing Purpose and Coverage
  • Documentation Design
  • Choosing Benchmarks:
  • Jobs
  • Participating Organizations
  • Surveys in this Region – Elements Covered
  • Encouraging Participation

Compensation Surveys – Execution and Interpretation

  • Job Matching
  • Analyzing Data
  • Summarizing Findings
  • Report Preparation and Presentation:

–          The Use of Executive Summaries

–          Understanding the Organization

  • Implementation – Cost and Communication

Importance of Cost of Living Information

  • Data Availability and Relevance – Government and Other Sources
  • Availability of Private Sector Data and How to Get It

Performance Based Rewards

  • What you Reward Is What you Get!
  • Designing your Performance Based Rewards System – Design Considerations
  • How Much to Pay and what for: Performance and Pay Matrices
  • Non-Monetary Rewards

Corporate Culture and Compensation

  • Culture and Compensation – What the World Is Saying and Doing
  • Building an Entrepreneurial Spirit through Compensation
  • Importance of Communication

The Future

  • Trends in Compensation
  • Broad-Banding – Solution or Confusion?
  • The Relationship Between Work and Life – Getting the Balance Right
  • Up to the Minute News on Compensation Management as it Happens

 

TRAINING METHOD

  • Presentation
  • Discussion
  • Case Study
  • Evaluation

 

TIME AND PLACE

  • 17 – 19  Desember 2013
  • Jogjakarta Plaza Hotel

 

TRAINING FEE

Rp. 6.800.000, – / peserta / non recidential

 

 

FACILITY

  • Training Kit
  • Handout
  • Certificate
  • Lunch + 2 X Coffee Break
  • Souvenir
  • Pick Up Participant

 

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