Compensation and Benefits Training Course in Kuala Lumpur

BMC Training provides Compensation and Benefits Course in Kuala Lumpur.There are 10 sessions for the course Compensation and Benefits in Kuala Lumpur , Malaysia.

Compensation and Benefits Training in Kuala Lumpur , Malaysia

Course Address : Westin Kuala Lumpur Hotel - Course Fees : 4450 GBP

City Start Date End Date View
Kuala Lumpur , Malaysia 22 - 10 - 2023 26 - 10 - 2023
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Kuala Lumpur , Malaysia 12 - 11 - 2023 16 - 11 - 2023
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Kuala Lumpur , Malaysia 26 - 11 - 2023 30 - 11 - 2023
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Kuala Lumpur , Malaysia 24 - 12 - 2023 28 - 12 - 2023
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Kuala Lumpur , Malaysia 7 - 1 - 2024 11 - 1 - 2024
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Kuala Lumpur , Malaysia 21 - 1 - 2024 25 - 1 - 2024
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Kuala Lumpur , Malaysia 18 - 2 - 2024 22 - 2 - 2024
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Kuala Lumpur , Malaysia 10 - 3 - 2024 14 - 3 - 2024
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Kuala Lumpur , Malaysia 24 - 3 - 2024 28 - 3 - 2024
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Kuala Lumpur , Malaysia 7 - 4 - 2024 11 - 4 - 2024
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The course outlines of Compensation and Benefits Training in Kuala Lumpur

Introduction

Professionals working in the function who wish to acquire relevant knowledge and skills, and those working in other areas of Human Resources who wish to broaden their understanding of this important function.

Objectives

  • Explain the basic principles and major elements of compensation.
  • Apply the various processes in compensation: job analysis, job descriptions and Job Evaluation.
  • Determine and explain what constitutes a sound and effective compensation and benefits program.
  • Design a salary structure and related policies.
  • Describe the basic compensation survey process.

Content

Managing Compensation – An Overview

  • Compensation Objectives, Components and Factors Affecting Compensation
  • Effective Compensation Management System

Job Analysis and Job Descriptions

  • The Need for Job Descriptions
  • Principal Approaches to Job Analysis
  • Carrying Out the Job Analysis Process
  • The Main Components of Job Description
  • Job Description Writing – Practical Application

Job Evaluation

  • Job Evaluation Defined
  • Job Evaluation Methods
  • The Meirc System Explained
  • The Hay System: An Overview
  • Job Evaluation Guidelines
  • Sources of Error

Compensation Systems

  • Main Compensation Policies
  • Factors Affecting Pay Levels
  • Paying for Competence
  • Basic Salary Structures
  • Salary Structure Design
  • The Right Number of Grades
  • Spread and Progression

Allowances as Part of Total Pay

  • Purpose of Allowances
  • Nature of WorkAllowances
  • Non Nature of Work Allowances
  • Regional Practices

Understanding Benefits

  • Definition and Purpose of Benefits
  • Categories of Benefits
  • Regional Practices
  • Managing an Effective Benefits Program
  • Main Features of a Long Term Benefit Plan

Introduction to Compensation Surveys

  • Purpose of Surveys
  • Designing and Carrying Out a Compensation Survey
  • Compensation Survey Reports