Job Evaluation & Analysis – Understanding Reward Management

Oxford Management Centre

What are the topics?

Oxford Management Centre

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In the rapidly changing global marketplace, companies that consider Human Resources as purely business-serving are inevitably falling behind. That is ...

Who should attend

This Oxford training course is suitable to a wide range of professionals but will greatly benefit:

  • HR Professionals who have responsibility for influencing compensation policy and structures within their organisation
  • HR Professionals who need to understand more about pay and grading structures and how they are designed and implemented
  • Any Line Manager who makes compensation/bonus decisions after completing appraisals
  • HR Professionals who advise senior managers on compensation issues
  • Senior Management Professionals and HR Professionals who need to have a strategic understanding and view of employee compensation

About the course

Job Evaluation & Job Analysis are key components in understanding Reward Management. Participants will have a practical and contextual understanding of how jobs are analyzed and valued, which in turn can be applied to the design, development, and implementation of effective compensation systems. Participants will also explore how different compensation systems can be used in pay and grading structures and in particular the link with broader issues of effective talent management. Paying for performance and value are inextricably linked to efficient productivity. These fuels and sustains employee engagement and retention.

Participants will consider benchmarked approaches to job analysis and evaluation, that enable the design of jobs that are purposeful and rewarding. The links to pay and other forms of remuneration will also be examined, to explore how different compensation systems can be applied to the overall compensation structure to ensure internal equity while also sustaining high levels of productivity. This powerful Oxford seminar is designed to provide participants with an understanding of the critical role these activities play in ensuring effective motivation, engagement and job satisfaction, aligned to achieve corporate objectives.

Seminar Objective

By attending this Oxford training course, delegates will be able to:

  • Understand and apply the role of job design in motivation and engagement
  • Appreciate the importance between monetary and non-monetary rewards
  • Apply benchmarked job analysis and evaluation techniques
  • Understand compensation systems within the broader context of the culture and the operating environment
  • Undertake and apply a variety of techniques to analyse and evaluate specific jobs
  • Apply the results of job evaluation to design and develop an effective compensation system

Seminar Outline

Amongst a wide range of valuable topics, the following will be prioritised:

  • The Linkage between Engagement, Job Satisfaction and Commitment
  • Why does Pay Matter? – Compensation and the War for Talent
  • The Business Need for Effective Job Analysis and Evaluation
  • An Introduction to Job Analysis and Job Evaluation
  • The Use of Behavioural Competencies
  • Compare Various Techniques to Analyse Specific Jobs
  • Selecting Benchmark Jobs to Develop Compensation Structures
  • Points Rating and Factor Comparison
  • Key Differences between Job Ranking and Job Classification
  • Internal / External Benchmarking or Job Matching
  • Defining the Links between Job Analysis, Evaluation and Design
  • Design and Operational Guidelines
  • Grade Structure Guidelines
  • Systematic Implementation of a Defensible Framework
  • Monetary vs. Non-Monetary Considerations
  • Merit Pay and Incremental Pay
  • Pay Progression

Job Evaluation & Analysis – Understanding Reward Management at Oxford Management Centre

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Human Capital Management

Basically, HR management can be defined as the effective use of human resources in an organization with the help of various management strategies. Due to the diversity of the courses, you should be aware of your needs while selecting one. Human Capit...

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

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