Advanced Methods in Managing Salaries and Compensation

Course Introduction

In a competitive business environment, managing salaries and compensation effectively is crucial for attracting and retaining top talent. This course provides advanced tools and techniques to design and manage salary structures, bonus schemes, and non-monetary benefits. Participants will explore strategies to ensure equitable, competitive, and performance-driven compensation systems that align with organizational goals and comply with legal frameworks.

Objectives

By the end of this course, participants will:

1.Gain advanced knowledge of compensation management principles and strategies.
2.Learn to design competitive and equitable salary structures.
3.Understand the role of performance-based compensation in driving employee motivation and retention.
4.Analyze market trends and benchmarks to align compensation with industry standards.
5.Explore non-monetary benefits as part of total compensation strategies.
6.Ensure compliance with labor laws and organizational policies.

Training Methodology

The course will include:

•Interactive Lectures: Explaining salary management frameworks and techniques.
•Case Studies: Reviewing real-world scenarios of compensation challenges.
•Workshops: Designing salary structures and incentive plans.
•Group Discussions: Sharing best practices for competitive compensation management.
•Tools and Templates: Providing practical resources for compensation planning and analysis.

Target Audience

This course is ideal for:
•HR Managers and Professionals responsible for compensation and benefits.
•Payroll and Compensation Analysts.
•Senior Executives involved in talent acquisition and retention strategies.
•Organizational Development Specialists.
•HR Consultants and Advisors.

Daily Topics

For registration, course outline & more information please contact

NAYEL Training Centre 

Tel: +971 4 379 7245 | Mob: +971 50 249 6876 | WhatsApp: +971 50 249 6876

Email:  [email protected]