The effective approach for the Attraction, Retention and Motivation of Employees.
Compensation and Total Rewards Management is a critical factor in managing Human resources. Compensation and Total Rewards for Labour can account for more than 50% of total costs and thus having a direct impact on the sustainability and profitability of an organization.
Properly designed compensation systems influence employee behaviours to improve organization performance.
Unfortunately, many businesses in Ghana have poor compensation systems that impose burdensome costs and create disgruntled and dissatisfied employees.
This 3-day course gives participants the tools to design and implement a total compensation and rewards system that can boost organizational productivity.
Course Content
- Introduction to Compensation
- Managing Fairness
- Compensation Statistics
- The Pay Model
- Salary Structure Policy
- Factors Affecting A Pay System
- Compensation Principles
- Salary Administration
- Salary Surveys
- Compensation Plan Proposal
- Compensation Communication
Course Objectives:
At the end of the programme, participants will be able to:
- Understand Compensation Philosophy and Salary Administration system
- Use and understand basic compensation concepts and principles
- Implement a Merit System using a Merit Guide Chart
- Ensure high quality standards in salary administration programs
- Use Salary Survey Techniques
- Design Salary Structure
- Implement Pay for Performance System.
Date: April 10-12, 2019
Venue: HR Centre, Nyaniba Estates, Accra
Full Member: GHS 750.00; Corporate Member: GHS 750.00
Student Member: GHS 550.00; Affiliate Member: GHS 650.00;
Non Member: GHS 850.00
Mode of payment: Cheque payable to the Institute of Human Resource Management Practitioners, Ghana on or before April 5, 2019.
To register send e-mail to officemanager@humanresource.org.gh /info@humanresource.org.gh or call 030 2 767413/0269220210