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Total Rewards Management Workshop

6.500,00 EGP

Are you struggling to attract and retain top talent in today’s competitive job market? Do you want to create a comprehensive compensation and benefits strategy that aligns with your business goals and drives employee engagement? If so, our Total Rewards Management Workshop is the solution you’ve been searching for.

 

Our workshop is designed to provide you with the knowledge, tools, and skills you need to develop and implement a total rewards strategy that meets the needs of your organization and your employees.

Description

Total Rewards Management System (TRS) | A Full Guide to TRS

Workshop Objectives:

  • Define your total rewards philosophy and strategy
  • Conduct a comprehensive compensation and benefits analysis
  • Develop a competitive salary and benefits structure
  • Design performance-based incentive programs
  • Create your own compensable factors
  • Use salary surveys to benchmark your compensation strategy
  • Link performance to payment

MANAGING COMPENSATION AND BENEFITS
 Compensation and benefits objectives.
 Components of compensation and Benefits.
 Establish Compensation and benefits cycle;
– Review and Analysis current practices.
– Total budget.
– Develop com & Ben Philosophy.
– Develop an Assimilation Policy.
 Internal Vs. External Equity.
 Moving into Total Rewards System
 Components of Total Rewards Management

JOB ANALYSIS AND JOB DESCRIPTIONS
 Uses of job descriptions
 Job analysis explained
 Carrying out the job analysis process

JOB EVALUATION
 Job evaluation Methods
 Designing Compensable Factors
 Job Evaluation
 Sources of error in the job evaluation process

COMPENSATION AND BENEFITS SYSTEMS
 Types of Salary Structure
 Benchmarking
 Salary Survey
 Designing Structures
 COMPA RATIO Analysis
 Assigning Pay Grades
 Managing your compensation programs

Design Incentives
 Evaluate effectiveness of existing incentives
 Develop a broad-based corporate incentive plan
 Develop a sales incentive or commission plan

TOTAL REWARDS SYSTEM
 The performance cycles
 Cascading organizational objectives
 Performance metrics, key output & success criteria
 Identifying Hi-potential top-talent employees
 Mapping performance results

Workshop Duration: 4 days
To check what our customers say about us: check this link

For more info, kindly email us on: [email protected]

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