Professional Course

Compensations & Benefits Professional

5 days
3,995 USD
Next course start
Inquire for more information See details
5 days
3,995 USD
Next course start
Inquire for more information See details
This provider usually responds within 48 hours 👍

Course description

Compensations & Benefits Professional

The course will use a combination of theory and practical applications of course concepts. Participants will engage in simulation exercises that will emulate real life situations allowing them to gain deep insights about the concepts covered. It will use an approach which is easy to understand explaining the specifics of compensation and benefits. This approach will also help you in applying the principles of compensation and benefits practically at work.

Upcoming start dates

1 start date available

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  • Classroom
  • Dubai

Who should attend?

Who Should Attend

Professionals with at least 2 to 3 years experience in the compensation and benefits field, HR administrators, officers, specialists, team leaders, managers and business partners who wish to enhance their knowledge and skills in this important area of human resources.

Training content

Managing compensation: an overview

  • Compensation objectives
  • Total compensation
  • Direct and indirect compensation
  • Balancing compensation components
  • Equitable, value adding, competitive and motivating compensation
  • Internal consistency
  • External consistency
  • The hierarchy of needs and compensation

Job analysis and job descriptions

  • Uses of job descriptions
  • Job analysis explained
  • Carrying out the job analysis process
  • Conducting a proper job analysis interview
  • Explaining a typical job description
  • Job analysis: a summary

Job evaluation

  • Definition of job evaluation
  • Job evaluation systems
  • Introduction to the Hay system
  • Job grading
  • Sources of error in the job evaluation process

Compensation systems

  • Objectives of compensation
  • Decisions to take
  • Designing base salary structures
  • Allowances to offer
  • The structuring of benefits' programs
  • Important considerations in compensation
  • Managing your compensation programs

Competitive compensation

  • Staying competitive
  • Designing and carrying out compensation surveys
  • Four basic survey methods
  • Data requirements
  • Issues related to the implementation of change

Performance based rewards

  • The definition of Performance Management (PM)
  • Objectives of performance management
  • Current and prevailing PM systems
  • Rewarding performance
  • Rewarding the right behaviors and results

Key Performance Indicators

Certification / Credits

  • Define and demonstrate understanding of the importance of compensation to the overall aims of HR management
  • Design a comprehensive compensation system
  • List the benefits of job evaluation and choose an appropriate system for own organization
  • Assess and provide advice on regional compensation practices
  • Recite the principal steps in a compensation survey and answer questions relating to the criticality of job
  • matching to the success of any compensation survey

Why choose Convertas?

Founded in 2006

12 Specialized trainers

100% of happy clients

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Convertas Management Consultants
214, DBC2, Arjan
124534 Dubai

Convertas Management Consultants

CONVERTAS offers a series of specialized training services across all areas of business, helping employees develop and increase their skills. Our highly qualified trainers through our specifically designed courses and workshops, as well as our innovative training methodology, will provide...

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