Upcoming Event: Rewards Training Courses By Talentnet & Mercer (CONT.)

C&B Overview

• Total Rewards Framework and Pay philosophy
• Key principles for organizing and structuring compensation elements
• Overview of 3P Compensation concept – Pay for Position, Person & Performance
• Understanding of basic compensation terminologies and how to use survey data
• Compensation benchmarking
• Focus on Pay for Position – Overview on Job evaluation
• Brief introduction to grade design & salary structure design
• Implementation guidelines

19-20 Aug

International Position
Evaluation (IPE) Methodology

• Understand the differences between a role and a job
• Learn the steps to role analysis
• Fundamentals of position evaluation & principles of conducting evaluation interviews
• Science of structure & Mercer’s point of view on future of position evaluation
• Application of organization sizing & impact on position evaluation outcomes
• Detailed understanding of Mercer IPE methodology
• Practice exercise of conducting evaluation across all 5 factors & 12 dimensions of IPE
• Overview on applications of position evaluation across HR & organizational processes

Pay for Position: Design Grades & Salary Structure

• Hands-on practical skills needed to perform actual salary structure design by looking at the market data, internal progression requirements as well as grades. 
• Supplement theoretical and technical knowledge of grade levelling, salary structure design and addressing challenges in implementing pay ranges across levels for attracting and retaining the modern workforce.