Building Effective Job Grades and Salary Structures (One Day)
Being the core of compensation & benefits (C&B), it is beneficial for every HR practitioner to acquire, at minimum, the gist of job grading and salary structuring for managing employee compensation. When pay is less a taboo to share among peers as compared to the old times, the evolving trend in pay transparency has driven up the importance of salaries to be handled in a systematic and structured way. Beyond that, a good structure could enforce effective cost management amid keen competition for talents.
December 5, Wednesday
January 11, Friday
January 18, Friday
In this course, you will learn about all the practical skills you need to know for designing job grades and salary structures (course content is subject to adjustments without prior notice):
Job Evaluation & Pay Benchmarking
Job evaluation methodologies at a glance
Fundamentals and processes of job evaluation
Comparison of market evaluation systems and commonalities
Implications and applications of job sizes
Pay benchmarking techniques and practices
Evaluating internal equity and external competitiveness using data
Job Grading & Salary Structuring
Effective compensation management and key considerations
Compensation philosophy and strategy to meet business needs
Designing suitable job grades for organisation
Determining design parameters through analytics
Deriving structure midpoint, range spread, progression and overlap
Salary structure update and maintenance
Excel Techniques: Data regression and visualisation
Workshop Practice: Building salary structure for a product company
USD 1,200 per attendee
USD 950 for the first attendee
USD 850 for the second attendee
Vincent Fung is a Managing Consultant who heads up consulting business for multiple industries in Asia Pacific for Comptify. Prior to that, Vincent worked in and was the Consulting Lead for Mercer-HRBS, a company acquired by Mercer in 2015, for more than 12 years. He has undertaken strategic consulting/training and industry-focused roles in the region. He was appointed regularly by a number of public companies for directors remuneration advisory, including a blue-chip company listed in Hong Kong Stock Exchange.
Bandrick Pang is a seasoned HR/C&B consultant and a Managing Consultant for Comptify. He oversees key activities for consulting projects, information services and business development. He has a wide range of expertise in designing job grading and salary structure, sales commission/ incentive plan, pay increase model, performance bonus system, executive remuneration design, retention practices in Asia spanning across industries, such as luxury retail, lifestyle retail, consumer, chemical, technology, engineering and manufacturing.
He has academic background of business administration focusing on information system management and data mining. He is also a certified Excel expert accredited by Microsoft.
"I found the course practical and helps me associate with the real-life examples. The one-day course is very comprehensive and I have gained much knowledge on salary structure"
HR Manager from a Technology company
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