Salary Benchmarking & Payscale Design Training
Acquire the skills required to design remuneration pay scales and structures for your organisation.
This is a practical workshop covering the essential skills required to design and draw up pay scales and structures for the organisation, balancing out the myriad of conflicting issues such as internal equity, external equity and the cost of implementation.
CPD Hours: 3
Aspects covered in detail during the course of the workshop are the following:
- Terminology, concepts and purpose of pay structuring (Overview of Pay Structuring)
- Grade Basis for Pay Structure
- Pay Base for Pay Structure
- Market Positioning for Pay Structure
- Pay Structure Mechanics, Pay Slope, Pay Ranges, Pay Overlap, Smoothing the Pay Curve
- Drawing up a Pay Scale
- Costing Anomalies
- Reviewing Pay Structures
- Annual increment adjustments and market statistics
The workshop will include a practical case study due to support the theoretical approach for best practices in pay scale design.
Target audience: Newer practitioners in the remuneration field seasoned remuneration and reward practitioners requiring skills update or “refresher” training on the underlying concepts and theory of pay structuring.
Date: 13 February 2024
Time: 09h00 - 12h00
Venue:
In-person - PwC Business School, 344 Independence Ave, Windhoek
Virtually - in the comfort of your home or office.
Cost (incl VAT):
N$ 1,750 (including refreshments)
N$ 1,500 (virtual attendees)
CPD Hours: 3
Registrations close 6 February 2024. For logistical purposes registrations will close at 15h00.
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