Building an effective remuneration system: typical mistakes and practical recommendations - course RUB 14,990. from Specialist, training 16 ac. h., Date: December 2, 2023.
Miscellaneous / / December 06, 2023
This course meets the requirements of the professional standard “Human Resources Management Specialist”, approved. by order of the Ministry of Labor of the Russian Federation dated March 09, 2022 No. 109n!
Do you think that you are overpaying your employees, but they are still dissatisfied with their wages? You don't know how to motivate employees to achieve planned targets? Are employees leaving for competitors, explaining that their work in your organization is paid unfairly? Are candidates making inadequate salary demands?
It is worth thinking about whether the company’s existing remuneration system is effective. How to determine the optimal combination of different elements of wages? How to build and use a grading system, how to develop a bonus system depending on the achievement of key performance indicators (KPIs)? How to develop a system of additional benefits? How to build an effective system for remuneration in an organization and what information should be included in the remuneration regulations while maintaining confidentiality? You will receive answers to all these questions after completing the course “Building an effective remuneration system.”
At the seminar, using active forms of learning (business and role-playing games, group discussions, solving cases, etc.), you will practice and consolidate all the necessary knowledge, skills and abilities. You will also receive all the materials necessary for successful training (ready-made examples, document forms, etc.).
Who is this course for:
» Watch a free webinar on using the E-Staff program in personnel selection
You will learn:
-Develop a matrix of functional responsibilities (MFO)
-Create a compensation package
-Carry out diagnostics of the company’s remuneration system
-Determine the optimal parts of the compensation package to solve specific problems
-Analyze different forms and systems of remuneration
-Develop grading systems (Hay Group, Watson Wyett)
-Prepare proposals for the development of a system of professional development and career growth of employees, taking into account grading
-Determine optimal options for goal setting
-Develop KPIs in a specific company for each level (company, division, employee)
-Calculate CSI (client satisfaction index) - internal client satisfaction index
-Differentiate personnel to form a remuneration system
-Develop a system of additional benefits
-Form a motivational profile of an employee
-Develop an optimal personnel remuneration system at different stages of the organization’s life cycle
-Monitor staff satisfaction with the compensation package
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coursesPractical teacher, certified specialist in the field of personnel management, member of the National Union of Personnel Officers of Russia, author of numerous publications on issues personnel management, labor legislation and personnel records management (including in the magazines “Personnel Business”, “Labor Safety”, etc., on the portals “Consultant +”, Superjob.ru and etc.); Candidate of Legal Sciences, HR management consultant.
“If a person spends money on knowledge, then no one will take it away from him. The best investment is in knowledge." Benjamin Franklin
Leads the community of listeners and graduates – HR-club “Specialist”:
Olga Yurievna graduated from:
Professional experience (teaching, personnel management) – more than 30 years.
HR director in trade, production and service companies with functions in all main areas activities of the personnel service (personnel service management, consulting, coaching, labor disputes, etc.) – more than 10 years.
Teacher of higher professional and additional education – more than 20 years.
Courses taught in the following areas:
Olga Yuryevna is the developer of many proprietary courses and seminars.
Over the 10 years of work at the Center, Olga Yuryevna trained more than 7,500 people.
A unique combination of the highest professionalism, sincere friendliness and personal charm - all this awaits you in Olga Yuryevna’s classes!
Module 1. How to diagnose the existing remuneration system in an organization (4 ac. h.)
-What documents contain the requirements for the remuneration system (regulatory acts, local acts, etc.)
-How to analyze the wage system and personnel costs in the corporate budget
-How to optimize the number of employees using the matrix of functional responsibilities (MFO)
-How to develop a general compensation package that is attractive to employees and optimal for the employer (structure, ratio of fixed and variable parts for various categories of employees)
Stage 1. Carrying out diagnostics of the remuneration system in the company (workshop)
Stage 2. Development of a matrix of functional responsibilities / MFO (workshop)
Stage 3. Formation of a general compensation package (discussion)
Module 2. How to develop a fixed part of a salary based on a grade system (4 ac. h.)
-What elements are included in wages and by what criteria are wages analyzed and optimized?
-How to develop an optimal remuneration system using “grades” (methods of Hay Group, Watson Wyatt, William Mercer)
-How to correlate the grading system with the assessment of employees by competencies and prepare proposals for the development of a system of professional development and career growth for specialists
-Myths and reality of implementing a grading system
Stage 4. Determining the optimal parts of the compensation package to solve specific problems (case)
Stage 5. Analysis of different forms and systems of remuneration (discussion)
Stage 6. Development of a grading system for Hay Group (workshop)
Stage 7. Development of a grading system according to Watson Wyett (workshop)
Stage 8. Preparation of proposals for the development of a system for professional development and career growth of employees, taking into account grading (case study)
Module 3. How to build a bonus and bonus policy taking into account integration with the management by objectives (MBO) system and the balanced scorecard (BSC) (4 ac. h.)
-What are the basic rules for forming the variable part of staff remuneration and what is the difference between bonuses and allowances?
How to formulate goals and objectives in accordance with the SMART methodology, how to decompose goals
How to develop a bonus part depending on the features of the management by objectives (MBO) system and the implementation of key performance indicators (KPIs): for the company, department, employee
How to develop balanced tables of goals and KPIs for the main (production, sales department) and supporting departments (accounting, personnel management, etc.)
Stage 9. Determining optimal options for goal setting (cases)
Stage 10. Development of KPIs in a specific company for each level: company level, division, employee (workshop)
Stage 11. Calculation of CSI (client satisfaction index) of the internal client satisfaction index (workshop)
Module 4. How to develop a comprehensive remuneration system depending on the company’s goals (4 ac. h.)
-How to differentiate / classify employees to form a remuneration system, involve personnel in the development of the system and monitor employee satisfaction with compensation package
-How to assess the feasibility and attractiveness of social payments and build a system of benefits / benefits depending on the grade
-How the optimal system of remuneration of personnel is formed at different stages of the organization’s life cycle
-What mistakes are made most often in creating a remuneration system and how to evaluate the results of implementing a new system of motivation and remuneration
Stage 12. Differentiation/classification of personnel for the formation of a remuneration system (discussion)
Stage 13. Development of a system of additional benefits (case)
Stage 14. Formation of an employee’s motivational profile (test)
Stage 15. Development of an optimal personnel remuneration system at different stages of the organization’s life cycle (workshop)
Stage 16. Monitoring staff satisfaction with the compensation package (discussion)
Stage 17. Working with typical mistakes in creating a remuneration system (discussion)
Stage 18. Cases