Compensation and benefits

Introduction to the Program :

Employees can be motivated not only through financial rewards (base pay) but through incentives and benefits as well. This workshop discusses the importance of compensation and benefits in a business setting. Participants will learn how to create systems that attract talented candidates, retain quality employees and encourage superior performance.

Training Outlines:

• Attract High Quality Employees
• Retain High Quality Employees
• Stimulate High Performance
• Components of the C&B System
• Base Pay (wages)
• Incentives & Benefits
• The Basic Tools of the C&B System
• Wage Surveys
• Job Analysis/Evaluation
• Performance Appraisal
• Why Do Wages Differ?
• Differences by Industry and Occupation
• Differences Based on Individual Performance and Seniority

Training Objectives:

• Know the Internal & External Factors Influencing the C&B Decisions
• Learn all about Individual Pay Determination
• Know the Types of Incentives
• Ensure Organizational Survival and Growth
• Use C&B in Restructuring Cases

Program Details

Location : UAE

Dates:

1st cohort:     May 1 / 2 / 3 

2nd cohort:      July 8 / 9 /10 

Certification:

Upon the successful completion of the Compensation and benefits you will be certified from Standards as well as the European Management Academy (EMA).