Comp&Ben Academy

Modules

Compensation Strategy and a Comprehensive Map of the Territory

  • Compensation strategy
  • Main principles
  • Components of the compensation system
  • Roles & Responsibilities
  • Tools
  • Collective Labour Agreement
  • Expats (International Assignment Policies)

Internal Equity and External Competitiveness

  • Job Description
  • Job Evaluation methods. Detail look at the analytical methods (Hay, Mercer)
  • Grading structures
  • Market surveys

Base Salary Management

  • Market Reference Level
  • Range Setting (examples)
  • Base Salary adjustments
  • Annual salary review (Merit)

Incentives and Variable Pay. Performance Management

  • Performance management
  • Incentives
  • Sales Incentives, Management Incetives, STI / LTI plans, profit sharing, gainsharing
  • Deferred bonuses, Stock option plans
  • Reward and Recognition

Employee Benefits

  • Benefits strategy
  • Portfolio (Car Policy)
  • Utilization of benefits (fix vs flexible systems, cafeteria)
  • Communication
  • Benefits Practice

HR Controlling, HRIS, Paycosts and its budgeting

  • The „New HR Controlling“, Return on Investment
  • HR Information systems
  • Budgeting paycosts

Interested in Attending the Course? Contact Us for Further Information.