HR Process and Management

Event 

Title:
Managing and Designing Compensation & Benefits: Concept & Application
When:
06.07.2011 - 08.07.2011
Where:
Bandung - Bandung
Category:
HR Process and Management

Description

13 – 15 Apr 2011 | Yogyakarta

6 – 8 Jul 2011 | Bandung

Course Overview

Understanding and effectively integrating the fundamental elements of compensation management and salary administration is critical to the development of sound compensation plans that support and reinforce organizational objectives. The technical skills and practical knowledge explored in this workshop will enable you to respond more knowledgeably and creatively to the needs of your clients. You will also gain an appreciation of how subtle differences in compensation impact human resources systems, which in turn impact the organization as a whole

Objectives

In this program, you will explore:

  • The practice and theory of compensation management
  • An approach for providing day-to-day compensation management consistent with business objectives
  • How to tailor a compensation program to support the organization's strategic goals and objectives
  • Collection and integration of market data to develop and support a competitive salary program
  • Key aspects of benefits
  • Alternatives for your organization

Who Should Attend?

This course is designed for HR professionals new to the employee benefits field, as well as those who want an overview of benefits as part of a total rewards strategy. Employees, employers, HR managers and emerging professionals alike will find the material offered in this seminar valuable.

Workshop Outline

I. Compensation Program

  • The meaning of "total compensation" in the context of the organization's strategic goals
  • The evolving impact of compensation on an organization's human resources programs and policies
  • Selecting and implementing compensation programs and guidelines
  • Constructing salary structures: ranges, wage rates, and incentives
  • Linking pay to performance: merit guidelines and performance management
  • Market pricing: how to read, understand, and customize survey data to meet your organization's needs
  • Scanning the legal environment and complying with federal and state laws and regulations

II. Benefits Program

  • The evolution and current status of employee benefits
  • Strategies and objectives for a total program
  • Legally mandated benefits
  • Regulatory issues and requirements
  • Group welfare plans: design and administration

- Medical coverage options

- Dental programs

- Disability income-replacement plans

- Survivor protection options

- Wellness initiatives

- Consumer-driven health plans

  • Flexible ("cafeteria") programs
  • Retirement income and capital accumulation plans: design and administration

- Traditional (defined-benefits) pension plans

- Savings plans, profit sharing

  • Managing "pay-for-time-not-worked" benefits
  • Minimizing and containing costs
  • Communicating with employees
  • Effectively utilizing internal and external resources
  • Emerging trends and issues for the future

Methodology

  • Interactive Lectures
  • Group Discussion
  • Role Plays 
  • Case studies
  • Business Games 
  • Developing “ Personal Improvement Plan”
  • Individual/Group Project Assignment

Course Leaders

Bun Sucento, MBA. M.Mgt. Chartered Marketer (CIM-UK) | Drs. Totok Krisdianto, MM | Ir. Halomoan Tambunan, MBA 

Venue

Venue:
Bandung
City:
Bandung
Country:
Country: id

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