Job Evaluation For Human Resources (HR)

Date: 17 May 2024 (Friday)

Time: 9:00am to 5:00pm

Venue: ON LINE TRAINING

Trainer: Pagadala Cyril Papiah (View Trainer Profile)

Introduction:

Almost everyone in a profit-oriented organisation works because of compensation and benefits.

Employees look for a certain minimum compensation to meet their cost of living expenses and thereafter to be compensated according to market conditions. Besides this employees expect to be given a fair compensation in comparison to others. Employees also want to know their salary structure as part of having a secure career plan.

Employers on the other hand need a proper compensation plan to attract and retain employees. A properly developed salary structure will be useful for planning and budgeting purposes.

The programme starts off with compensation decisions, followed by job evaluation to determine an internally equitable salary structure in tandem with the market.

Participants get to experience the detailed hands-on process of evaluating jobs and the management of the various aspects of compensation through experiential workshop exercises led by a facilitator with practical work and training experience.

Objectives:

• How to evaluate jobs for internal equity

• How to establish job grades and pay grades

• How to use market data for jobs and develop a market rate salary structure

• How to reward employees for increased knowledge and skills

• How to reward employees for improved performance

Program Content:

(1) What is Compensation?

• Components in a compensation package

• What do employees seek in compensation?

• Equity in financial compensation

• Factors that influence compensation

(2) Methods of Job Evaluation

• Ranking

• Paired comparisons

• Forced choice

• Points Method

(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

• HAY method

(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

Methodology:

Presentations, case-studies, interactive discussions, exercises

Who Must Attend:

• HR Managers

• HR Executives

• Compensation & Benefits Specialists

Investment Fees:

RM972.00 (Including 8.00% Service Tax) per participant (Standard Fee)
RM700.00 (Including 8.00% Service Tax) per participant (Early Bird Fee, register by 13 May 2024)

Group incentive: Register 3 participants from the same organization, the 4^th participant is FREE. (Buy 3 Get 1 Free)

Registration:

There are 3 methods to register for this training:

Kindly click here for online registration. Register Now.
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).
Call us to register. Tel: +6-03-6270-9883.

Notes:
This Training Programme is HRD Corp Claimable Course *Subject to HRD Corp Terms & Conditions.

We Are An Approved Training Provider Under HRD Corp Claimable Course With Human Resource Development Corporation (HRD Corp)