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21 - HRC - Human Resources


HRC 149 - Job Evaluation & Salary Structure (10 Days)

Code Start Date Duration Venue Fees
HRC 149 14 June 2021 10 Days Istanbul $ 6900 Registration Form Link
HRC 149 12 July 2021 10 Days Istanbul $ 6900 Registration Form Link
HRC 149 09 August 2021 10 Days Istanbul $ 6900 Registration Form Link
HRC 149 06 September 2021 10 Days Istanbul $ 6900 Registration Form Link
HRC 149 04 October 2021 10 Days Istanbul $ 6900 Registration Form Link
HRC 149 01 November 2021 10 Days Istanbul $ 6900 Registration Form Link
HRC 149 27 December 2021 10 Days Istanbul $ 6900 Registration Form Link
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Course Description

Salary ranges help employers control their pay expenses and ensure pay equity among employees. It is critical that employers have rational explanations for why they pay their employees a certain rate, and defined salary ranges help accomplish that. The purpose of this course is to provide a basic set of steps for creating compensation grades and salary ranges.

Course Objectives

  • Determine the organization's compensation philosophy
  • Conduct a job analysis
  • Rank positions using a job evaluation method
  • Create job grades
  • Determine how to deal with salaries not within range

Who Should Attend?

  • HR & Compensation Professionals
  • Managers who are involved in Salary Structure
  • Everyone who requires an in-depth knowledge of working with and managing salary structures and compensation 

Course Details/Schedule

Day 1

  • The four ingredients for successful remuneration design
  • Pay Strategy
  • Grade Structure
  • Market Data
  • Number of Months
  • Salary Survey
  • 4 forms of equity and how to address each
  • Aim of conducting salary survey
  • Formal and informal surveys
  • Quartiles and percentiles
  • What else should be surveyed?

Day 2

  • Developing Grading and Basic Salary Structures
  • Definition and types of basic pay structures
  • Job Evaluation
  • Identifying Compensable factors
  • Determining the relative worth of jobs

Day 3

  • Different job evaluation systems
  • Job Ranking
  • Job Classification
  • Factor Comparison
  • Point Method
  • Pros and cons of each method, and when to use each?

Day 4

  • Job Grading
  • Grouping similar jobs into pay grades
  • Job families
  • Grading methodologies
  • Broadbanding

Day 5

  • Pricing pay grades
  • Plotting the wage curve
  • Market pricing of jobs
  • Establishing a strategic pay plan

Day 6

  • Fine Tune pay rates
  • Developing pay ranges
  • The minimum starting
  • The mid-point
  • The maximum
  • Correcting out-of-line rates
  • Managing red and green circles

Day 7

  • Implementing New Grading and Salary Structures
  • The role of management in implementation
  • The role of the HR and reward specialist
  • Guidance on how to make changes that ensure successful implementation
  • Communicating the new structures to employees
  • Managing progression through a pay range and managing compa-ratio
  • Coping with employees who reach the maximum of their pay scale

Day 8

  • Advanced Techniques for Managing Market Pay Premium
  • Different options for managing “pay premium” for specialist roles
  • Adjusted basic salary pay scale or specialist grades with dedicated pay scales
  • Additional skills premium allowance or market allowance
  • Using ranges-within-ranges or using restrictive compa-ratio ranges
  • Advanced concepts for managing salary structures and advanced design of pay scales
  • Managing “Narrow-Bands” and “Broad-Bands” and “Ranges-within-Range”
  • The Role of Recognition Programs for Employees

Day 9

  • Identifying the most appropriate schemes for your company
  • Understanding the popularity of incentive schemes
  • Some of the challenges of developing incentive schemes in Asia
  • The case for recognition
  • Types of recognition plans
  • The Role of Retention Programs for Employees

Day 10

  • What is a retention program in both a risk and non-risk context?
  • Why have retention plans linked to talent management and key employee plans?
  • Identifying the most appropriate retention schemes for your company
  • Types of retention plans and the typical costs of retention schemes