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Designing a Competitive Compensation and Benefits Package

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Fast, Affordable, Stackable

Designing a Competitive Compensation and Benefits Package

DURATION

2 days on a weekend

PROGRAM FEE

100% HRD claimable
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FACULTY

Micro-Credential IUKL & EDUK8U Grad School Asia

What unique insights does this course offer?

Student review
Given the current unpredictable business environment, HR leaders are now playing a crucial part in a significant shift in the industry. Companies are placing greater emphasis on talent management and recognizing the vital role of HR executives, who have never been more essential to the company’s success. Discover effective methods to drive change in your organization, the learning outcomes for Designing a Competitive Compensation and Benefits Package focus on knowledge and skills in analysing and solving compensation-related problems, making informed compensation decisions, and communicating effectively with stakeholders about compensation-related issues.

Learning Outcomes

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Understanding the legal concepts that impact compensation, including laws and regulations related to equal pay, minimum wage, overtime, and benefits.

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Analyzing and designing a compensation structure that aligns with the organisation’s strategy, goals, and values and reflects market trends and best practices.

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Implementing, administering, and maintaining a compensation system that ensures fairness, consistency, and transparency and fosters employee engagement, motivation, and retention.

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Develop effective communication strategies to educate employees about the compensation philosophy, policy, and practices, and address their questions,concerns, and feedback.

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Evaluating the impact of compensation on mergers and acquisitions (M&A) and international assignments, and identifying the key challenges and opportunities in managing compensation across different cultures, currencies, and regulations.

Course Description :

Day 1 : 

  1. Introduction to Designing a Competitive Compensation and Benefits Package
  2. Introduction to Compensation
  3. Legal Concepts that Impact Compensation
  4. Designing a Compensation Structure

Day 2 : 

  1. Implementing, Administering, and Maintaining a Compensation system
  2. Compensation Communication
  3. Compensation for M&A and International Assignments
  4. Conclusion

Overall, the learning outcomes for Designing a Competitive Compensation and Benefits Package focus on knowledge and skills in analysing and solving compensation-related problems, making informed compensation decisions, and communicating effectively with stakeholders about compensation-related issues.

Congratulations to the Graduates of 2021 & 2022

Date : 1 October 2022
Time : 9am
Venue : Grand Ballroom,
The Pullman Kuala Lumpur City Centre

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