
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 Click here for online payment |
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.
For the Terms and Conditions, please refer to the flyer.