Location

Productivity and Quality Institute - Alexandria

Objectives

• To provide a comprehensive understanding of compensation and benefits principles and enable participants to design and manage effective reward systems.

Outcomes

This course provides a comprehensive understanding of compensation and benefits principles and best practices. Participants will learn how to design and manage effective reward systems that attract, motivate, and retain top talent

Course Contents

• Job evaluation methods (e.g., job grading, point factor method)• Developing competitive compensation structures (salaries, bonuses, incentives)• Designing and managing employee benefit programs (health insurance, retirement plans, etc.)• Analyzing and controlling HR costs• Ensuring compliance with relevant compensation and benefits regulations• A discussion on global compensation and benefits: Explore how compensation and benefits practices vary across different countries and cultures. • Incorporate the concept of total rewards: Discuss the importance of non-monetary rewards (e.g., work-life balance, professional development opportunities) in attracting and retaining talent.