Drawing Up Your Salary Structures & Benefits Plan Workshop by Pagadala Cyril Papiah
Date: 14 & 15 October 2019 (Monday & Tuesday)
Time: 9:00am to 5:00pm
Venue: Hotel Istana City Centre Kuala Lumpur
Introduction:
What Do Employees Look for in an Organisation?

One of the main attractions for an employee in any organization is a good salary and benefits plan 

They specifically look for:
• A salary structure that reflects both fairness in relation to their work and to others in the organization
• A salary structure that provides salary increases over time and on merit so that they can grow with the company as they continue to contribute more
• A minimum salary and benefits plan according to the law 
• A salary structure and benefits plan that is comparable to what other employers provide so as to remain in the organisation    

How Does This Workshop Help?
• It shows you how to use the job evaluation methods to arrive at an equitable salary structure
• It informs you of the minimum legal standards of salary and benefits
• It shows you how to compare salaries with the market
• It discusses the benefits in the market    

Objectives:
At the end of the workshop, participants are able to:

• Evaluate jobs for internal equity 
• Establish job grades, pay grades and salary structures
• Use performance appraisal ratings to match salary increases and bonuses
• Draw up equitable incentive schemes.
• Draw up a plan for mandatory and non-mandatory benefits including a golden handshake plan
• Administer the benefits plans
Program Content:
(1) Introduction 
• Components in a salary and benefits plan
• What do employees seek in salary and benefits?
• Equity in salary plan
• Factors that influence drawing up salary structures and benefits plans    

(2) Methods of Job Evaluation
• Ranking
• Paired comparisons
• Forced choice
• Factor Comparison  

(3) Points Method of Job Evaluation
• Type and description of compensable factors 
• Number of points
• Degree of compensable factors
• Survey of external market
• Internal equity factors 

(4) Pay Structures
• Job grades and pay grades
• Fixed scale / Pay ranges 
• Increment percentages and quantum
• Paying for cost of living   

(5) Paying for Skills and Knowledge
• Stair model
• Skills blocks model
• Job-point accrual model
• Cross-department model   

(6) Paying for Performance
• Linking performance with rewards
• Quantum of merit pay increase
• Performance bonus
• Profit sharing
• Gain sharing    

(7) Paying for Sales
• Commissions
• Service points
• Components of pay for sales  

(8) Mandatory Benefits under the Employment Act 1955, Labour Ordinances Sabah 2004 & Sarawak 2005  
• No of Annual leave days, PH, Rest days, Sick leave, Maternity leave
• Rate of retrenchment & termination benefits 
• OT rates  

(9) Minimum Wages Order (latest) 
• What is the minimum wages to be paid in west and east Malaysia?
• Monthly rates, daily rates and hourly rates
• Are foreigners also covered under the law?   
  
(10) Minimum Retirement Age Act 2012
• Minimum retirement age
• Retirement age for employees on contract
• Does this apply to foreigners?  
   
(11) Mandatory Benefits under Part-timers (Employment Act) Order 2010
• Definition of part-timer
• Work-hours
• Leave and PH
• OT 

(12) Mandatory Benefits under Children and Young Persons (Employment) Act 1966
• Definitions
• Work-hours
• Limitation of contracts   

(13) Discretionary Benefits
• Group insurance policy
• Retirement benefits / golden handshake
• Additional leave for special purposes
• Additional benefits for special purposes
• ESOS
• Education benefits / Scholarships
• Sundry loans
• Perks & other benefits 
• Allowances for special purposes  
• Prolong illness leave
• Paternity leave 
• Garden leave 

Methodology:
Presentations, case-studies, interactive discussions, experiential workshop exercises
Who Must Attend:
- HR Managers & Executives
- Compensation & Benefits Specialists 
Investment Fees:
RM1,908.00 (Including 6.00% Service Tax) per participant (Standard Fee)
RM1,590.00 (Including 6.00% Service Tax) per participant (Early Bird Fee, register by 07 October 2019)

Group incentive: Register 3 participants from the same organization, the 4th participant is FREE. (Buy 3 Get 1 Free)
Registration:
There are 3 methods to register for this training:
  1. Kindly click here for online registration. Register Now.
  2. Kindly download this registration form, and fill up all the particulars. Please fax back to +6-03-6270-9993. Click here to download Registration Form (177KB).
  3. Call us to register. Tel: +6-03-6270-9883.
Notes:
This Training Programme is SBL Claimable *Subject to PSMB conditions.

Pembangunan Sumber Manusia Berhad (PSMB)We Are An Approved Training Provider Under SBL Scheme With Pembangunan Sumber Manusia Berhad (PSMB/HRDF)