An efficient Compensation and Benefits management system is necessary for every company to attract, motivate and retain high performing employees. Similarly, the compensation system should be balanced between internal equity and external competitive packages such that the employees' collective effort and high performance can be translated to the success and growth of the company.
At the end of this two-day workshop, participants will be able to:
• Understand the compensation philosophy and policy framework
• Align the reward strategy with company's business strategy
• Understand market pay practices & limited or ambiguous market data
• Learn essential techniques to define and evaluate jobs
• Identify the components in the rewards system such as direct, indirect & non-financial compensation, etc.
• Make salary payment decisions considering performance appraisals
• Practises the design of a salary structure taking into account of limited budgets for salary increment
[III] WHO SHOULD ATTEND
HR Managers, HR Executives, Finance Managers, Administrators, Payroll/Accounts Executives and anyone interested or has responsibilities in the area of Compensation & Benefits.
Applicable industry examples, group discussions and sharing, exercises, role play and case studies.
[V] DATE, TIME & FEE
DATE: 14 - 15 June 2020 (Thu - Fri)
TIME: 9am - 5pm
MODE: Online/ Interactive
FEE: Early Bird Offer (before 21 Dec 2020) - RM 680
Special Offer (before 8 Jan 2021) - RM 720
Normal Fee - RM 760
>> Fee includes Course Notes, Certificate of Attendance & 6% Government Service Tax
(i) SST2u Learner Card Member - overriding 15%
[VI] COURSE OUTLINE
Module 1: Importance of Compensation Policy & Procedure in the organization
• Linking reward strategy with the business
• Compensation Strategy
• Compensation Reward Framework
• Components of compensation package
• Total reward system
• Why Offer Employee Benefits?
Module 2: Planning Compensation Survey - purpose, techniques, types, market practices and result compilation
• Types of Data
• Use and Sources of Survey Data
• Pay systems & strategy
• Basic Salary Vs. Incentive Mix
Module 3: Understanding & establishing the internal equity; work environment
• The Pay Policy
• The Pay Model
• Determinants of Pay
• Paying the Performance
• Impact on Work Environment
Module 4: Job Evaluation
• The techniques of job evaluation
• Developing a job structure
• The salary structure & its challenges
• Choosing a Salary Structure
• Pay structure
• Guidelines to Base Salary
Module 5: Salary System
• Determining the mid-point
• using Microsoft Excel © spreadsheet to establish the minimum and maximum of a salary range
• using Microsoft Excel © spreadsheet to develop policy & practice line
• the use of market surveys
Module 6: Fixed & Variable Compensation
• Fixed Payment
• Payment of Salary
• Basic and Gross Rate of Pay
• Salary Computation Formula
• Types of Payment
• Variable payments/benefits
Module 7: Performance Management
• Principles of Performance Management
• Objectives of Performance Management Systems
• Research on employee performance
• Performance Planning Process
• Appraisal & Feedback
Module 8: Case Studies Analysis on Employee Performance & Improvement
Wrap Up and Q&As Session
[VII] SPEAKER PROFILE
HRDF Certified Trainer
Brian Wee was Head of Human Resources, Internal QMS Auditor and Corporate Trainer of MMC for a holding company of oils refineries in Malaysia. He holds a Master of Business Administration and a Post Graduate Diploma in Business Administration from Heriot Watt University, United Kingdom. He also has a Certificate and a Diploma in Personnel Management. He is a Certified Human Resource Professional (CHRP), an Ordinary Member of Malaysian Institute of Human Resource Management (MIHRM), PSMB Certified Trainer and PSMB Human Resource Consultant. Wee has attended a three days Effective Training Evaluation program by Ms Beverley Jeffreys of Chisholm Institute, Australian National Training Authority (ANTA).
He brings with him more than 15 years of working experience in Human Resource of large manufacturing companies. He is a Resource Training person for Malaysian Institute of Personnel Management (MIPM), Malaysian Institute of Purchasing and Material Management, UBS Commercial Institute, Open University Malaysia, Asia e University and UTM Space Executive Diploma Programs and others.
He started off his career in 1980 as a Senior Officer with the Ministry of Information where stayed for 15 years and gained extensive management experience. Later he moved to a Japanese based company where he was in charge of all spectrums of Human Resource functions. During that time, he acquired some Japanese management skills such as Kaizen, Zero Defect, JIT, Quality Control, Quality Assurance, ISO QMS and EMS Awareness Program and many others. He developed and trained QC, ISO QMS and EMS and productivity related modules for the Wilmar International Group of companies’ employees.
In his present capacity, he develops modules and trains his employees and many organizations. He is also a part time lecturer for academic courses, namely Certificate & Diploma Program for Malaysia institute of Human Resource Management, Supervisory Module for Certificate & Diploma for Malaysian Institute of Purchasing & material Management, Executive Diploma of Human Resource Management for UTM SPACE, Asia e University, Southern College University and Open University Malaysia and Professional Short Course in Mandarin for Human Resource subjects and English Conversation & Communication Skills for User Business School (UBS).
His much in demand programmes are Effective Supervisory Skills, Purchansing & Negotiation Skills, 8D Team Problem Solving Methods, Total Preventive Maintenance, ISO QMS AND EMS Awareness Program, UTM SPACE ISO QMS Modules, Effective QA/QC Inspectors, QC Tools, QCC, Effective Communication and Motivation Program, Excellent Clerical Skills, Excellent Customer Service, Effective Business English Communication Skills, Report Writing Skills, Effective Presentation Skills, Teambuilding Program, Positive Working Attitude, Malaysian Labour Laws and Industrial Relation Laws, Understanding of Employment Act 1955, Handling Misconduct and conducting Domestic Inquiries, Effective Salary Computation and Administration, Handling Problematic & Difficult Employees, Report Writing Skills, Drafting an Employment Contract, Effective Human Resource Management, HR for Non HR Executive / Managers, People Management, Leadership Skills, Balanced Scorecard, Key Performance Indicators and others.
Among some of his training participants and/or consultancy services included Kyocera, Sunpower, TJ Wang Group (Accountancy & Secretarial Services), Lii Hen Group, China Press, White Horse Ceramic, ML Plastics Sdn Bhd, Yee Wan manufacturing, Southern College, Foo Yew High School, MITI, Police Academy (Technical),Champion Precision, JK Sumi Wire, Muar Ban Lee Engineering, Autoveyor, Southern Lion, Seiko Electric, CSC Steel, San Miguel Yamamura Plastic, Ornapaper, Umicore Malaysia, Alloy Consolidated (MTD Group), Panasonic AVC Network, Southern College University, Infineon Technilogies, to name a few.
Mr. Brian Wee had provides HR & Quality and Productivity Consultancy Services to Li Hen Group, a furniture exporter and manufacturer, Omega Printer, Golpar Plastic Injection, Dian Pang Supermarket and others.
[VIII] ENQUIRY & REGISTRATION
- General (03 - 8082 3357)
- Teo (011 - 3178 9203)
- Logesh (012 - 503 0346)
- Siti (012 - 383 8603)
- Han (019 - 323 0507)