Course Methodology
The course will use a combination of theory and practical applications of course concepts. Participants will engage in simulation exercises that emulate real-life situations, allowing them to gain deep insights into the concepts covered.
Course Objectives
By the end of the course, participants will be able to:
- Define and demonstrate an understanding of the importance of compensation to the overall aims of human resources management
- Analyze jobs using a systematic approach and prepare a draft job description.
- Evaluate jobs using the factor point system methodology
- Design a comprehensive compensation system
- 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
- Link reward to performance using a fair quantitative approach
Target Audience
Professionals with at least 2 to 3 years of 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 critical area of human resources.
Target Competencies
- Job analysis
- Writing job descriptions
- Job evaluation
- Compensation system design
- Analyzing surveys
- Rewarding performance
Note
This Meirc course is also accredited by the HR Certification Institute (HRCI).
Credit Hours = 30
