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Upcoming Programmes

Successful Strategic Plan for Employee Compensation and Benefits

Date 8 February 2023
Venue HKIHRM, Units 1810-15, 18/F, Millennium City 2, 378 Kwun Tong Road, Kwun Tong (3-minute walk from Ngau Tau Kok MTR station exit A)
Time 09:30 – 17:30
Language Cantonese (with English materials)
Speaker Mr Wilson Chu
Contact Person Ms Icey Lau
Contact Number (852) 2837 3830
Contact Email learning@hkihrm.org
Member Fee $2000
Non Member Fee $2800
Outline - Definition of compensation
- Common types of compensation, benefits and non-financial rewards in the market
- Aligning compensation strategies with business directives and corporate values
- 5 factors to consider when developing compensation strategies
- Introduction to strategic compensation management
- Writing effective job descriptions for various positions
- Conducting job evaluation step-by-step
- Developing grade & salary structure
- Analysing market pay trend data
- How economic trend influences compensation design
- Designing long-term & short-term incentive schemes
- Linking the incentive scheme with performance measurement results
Remarks Click here for flyer

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Status Active
Tags 1. Topical Seminars / Workshops

Description

To remain competitive in nowadays business environment requires not only good planning, execution and control but also committed people working in alignment with the company’s goals. A meaningful system that helps motivate staff to go the “extra mile” is essential for organisation success.

This workshop will equip participants with knowledge and field-proven techniques through a step-by-step approach to designing a compensation system that helps align staff performance with corporate business strategies and advocate the “pay-for-extra” culture.

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