SIM Professional Development

Available dates

Dec 16—17, 2019
2 days
Singapore
SGD 866 ≈USD 636
SGD 433 per day

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About the course

Introduction

Organisational success is based on the people who run organisations. Managing performance through effective compensation practices is key to an organisations success. In a competitive environment, an organisation needs to attract, motivate and retain talent to ensure that they are committed to deliver business results. Managing compensation is to ensure that rewards and recognition systems, policies and practices are in place to manage talent effectively.

Benefits to You

The workshop enables you to :

Understand the dynamics of managing compensation

Consider a framework of reward management

Decide which type of reward system fits your organisation

Review your current approach and measure its effectiveness

Programme Outline

Aligning Compensation Policies to Business Strategy and Culture

  • Creating a Performance Management System and Developing Appropriate Reward Policies
  • Creating Effective Compensation Packages Based on :
    • Market realities
    • Performance
    • Potential
  • Effective target setting and achievement of results
  • Employee Involvement in Managing the Pay Process
  • Using Alternative Pay Strategies
  • The Use of Compensation Surveys
  • Skills for Personnel Creating Effective Compensation Packages

Learning Features

This workshop will run as a practical and participative event with opportunities for delegates to undertake case studies and share their organisations approach to managing compensation.

Who should attend

(Level 2) Supervisor, Executive, & Emerging Managers

(Level 3) New Managers

(Level 4) Managers

Trust the experts

Robin Robbins

Robin Robbins has extensive senior management experience in people development and has worked across all disciplines and in a wide range of sectors including consumer goods, research and development, chemicals, the beverage industry and engineering. He is currently a principal consultant of a co...

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