By the end of this course, you will be able to
How to perform a thorough job evaluation, publish a well-written job description, exploit various methods of collecting data, and apply Hay and Mercer IPE methodologies.
What equity theory is and what its implications on the reward system are, together with how to identify the components of an effective total reward system.
How to develop the road towards internal and external equity, as well as how to construct an effective grading system and a competitive salary structure.
Course details
- 2 h 49 m/30 lessons
- Last updated: 10/4/2022
- 17 Quiz
- 4 learning resources
- Course completion certificate
Course Content
Total Reward Package
Indirect Financial Rewards
Pros and Cons of Financial & Non-Financial Rewards
Introduction
What Is Reward?
Total Reward Package
Indirect Financial Rewards
Pros and Cons of Financial & Non-Financial Rewards
Ethical Considerations in Compensation
Equity Theory
Job Evaluation
Data Collection Methods
Job Description
Job Evaluation Guidelines
Hay Factor Comparison Method 1
Hay Factor Comparison Method 2
Problem Solving
Accountability
Short Profile
Long Profile
Mercer IPE
Job Impact
Communication
Innovation
Knowledge
Grading System
Salary Survey
Aging Survey Data
Mapping Evaluation With Different Survey
Salary Structure
Gap Analysis
Increments
Course Wrap Up
About this course
This training course is prepared to support anyone who needs to understand how salaries are defined and design the salary structure in their organization. It addresses human resources management and total rewards professionals by exposing them to the technical know-how needed to build their own systems. Not only will the course tackle the full process of job evaluation, grading system, reading salary survey, and establishing a salary structure, but also highlights the variables that differ from one organization to another and impact the entire system.
Course requirements and prerequisites
This training course requires a good command of the English language.
It also requires prior knowledge of human resources fundamentals and a strategic management background.
Mentor
Dina Salah Aly Ghazaly
HR Trainer & Consultant
463 Learners
1 Course