Quick Overview:
Online Interactive Live Sessions Using Zoom
Duration: 15 Hours
Number of Sessions: 5 Sessions (3 Hours per Each)
Two Days per week Sunday & Tuesday from 7 PM till 10 PM
Course Start Date: Sunday 27 August 2022
A total rewards strategy starts with an organization’s overall business strategy to attract top-notch talents and motivate and retain current employees through a practical and inclusive rewards package.
This package combines all the benefits, incentives, guidelines, processes, programs, and rewards that an organization offers its employees.
Typically, the HR department or a dedicated compensation & benefits team implements a total rewards strategy.
Establish a strategic pay plan to attract top-notch talents
Design an effective performance-based incentive plan to motivate your current employees
Create a tailor-made benefits & services plan to retain high calibers
Analyze a given salary survey
Balance internal equity with external competitiveness
Avoid and manage salary compression
Propose a competitive benefits and assistance plan
Improve employee job satisfaction, engagement, and retention
A) Salary Survey
How to take a decision regarding which survey to use?
Learn how to read salary surveys (quartiles, percentiles, deciles & average)
B) Job Evaluation
The Job Evaluation committee
Identifying Compensable factors
How to use the popular Point Method to determine the relative job weight
C) Job Grading
Grouping similar jobs into pay grades
Grading methodologies
D) Pricing Pay Grades
Plotting the wage curve (Linear Regression)
Market pricing of jobs
E) Fine Tune Pay Rates
Developing pay ranges
Correcting out-of-line rates (Managing red and green circles)
Pay for Performance and Financial Incentives
Designing a performance-based incentive plan
Motivation theories and incentive plans
Pay for time not workeday for time not worked
Insurance, Retirement and family friendly benefits
Payroll Calculations:
Income tax deductions
Social Insurance deductions
Cafeteria approach
25+ Years of diversified work experience in Egypt and Gulf area as a Freelance Trainer & Consultant in Different business sectors (HR, Sales, Marketing, Counseling, Training & Development and Business Consultations), Group Director of Human Resources, Freelance & Online Certified Trainer, AUC Lecturer.
Human Resources Certification Institute (HRCI®), headquartered in Alexandria, Virginia, United States is the premier credentialing and learning organization for the human resources profession. For over 45 years, we have set the global standard for HR expertise and excellence through our commitment to the development and advancement of businesspeople in the people business. HRCI develops and offers world-class learning, as well as the administration of eight global certifications and is dedicated to helping professionals achieve new competencies that drive business results.