Advanced Compensation & Benefit
Jogjakarta Plaza Hotel, Yogyakarta | 17 – 19 Desember 2013 | Rp 6.800.000
PROGRAM OBJECTIVES
By the end of the program, participants will be able to:
- Link effective compensation management to continuing business success.
- Design and carry out compensation surveys.
- Match compensation systems to organization culture.
- Design a performance based reward system.
- Discover the future of compensation in the region.
- Discuss the growing global trend towards a work / life balance.
THIS PROGRAM IS DESIGNED FOR
Senior HR professionals, compensation managers and senior company executives who wish to broaden their knowledge of this important topic.
PROGRAM OUTLINE COMPENSATION & BENEFIT
The Executive Compensation Framework
- Establishing the Context
- The Notion of Fairness – What Does It Mean?
- Definitions – Executive and Compensation
- Linkages
- The Executive Compensation Mix
Design of Executive Compensation Programs
- Linkages – Business and Compensation
- The Compensation Strategy Development Process
- Compensation Strategies for your Industry – Horses for Courses
- Utilizing a Total Compensation Approach
- What Does Competitive Mean to you?
Compensation Surveys: Design
- Establishing Purpose and Coverage
- Documentation Design
- Choosing Benchmarks:
- Jobs
- Participating Organizations
- Surveys in this Region – Elements Covered
- Encouraging Participation
Compensation Surveys – Execution and Interpretation
- Job Matching
- Analyzing Data
- Summarizing Findings
- Report Preparation and Presentation:
– The Use of Executive Summaries
– Understanding the Organization
- Implementation – Cost and Communication
Importance of Cost of Living Information
- Data Availability and Relevance – Government and Other Sources
- Availability of Private Sector Data and How to Get It
Performance Based Rewards
- What you Reward Is What you Get!
- Designing your Performance Based Rewards System – Design Considerations
- How Much to Pay and what for: Performance and Pay Matrices
- Non-Monetary Rewards
Corporate Culture and Compensation
- Culture and Compensation – What the World Is Saying and Doing
- Building an Entrepreneurial Spirit through Compensation
- Importance of Communication
The Future
- Trends in Compensation
- Broad-Banding – Solution or Confusion?
- The Relationship Between Work and Life – Getting the Balance Right
- Up to the Minute News on Compensation Management as it Happens
TRAINING METHOD
- Presentation
- Discussion
- Case Study
- Evaluation
TIME AND PLACE
- 17 – 19 Desember 2013
- Jogjakarta Plaza Hotel
TRAINING FEE
Rp. 6.800.000, – / peserta / non recidential
FACILITY
- Training Kit
- Handout
- Certificate
- Lunch + 2 X Coffee Break
- Souvenir
- Pick Up Participant