Compensation Management, Measurement, & Analysis

Event Date:

July 25, 2024

Event Time:

8:00 am

Event Location:

Online via Zoom

Date:  July 25 – 26, 2024 Time: 8:00 AM – 12:00 NN
Fee: Php 3,500.00 – Member + 12% VAT | Php 4,500.00 – Non Member + 12% VAT

 

Program Overview:

This two day learning session will provide the participants the different techniques of measurements and how these are applied in the context of compensation management design and administration.

 

Program Outline:

I. Fundamental Concepts and Principles

1. Introductory Concepts
2. Compensation Management Framework
3. Principles of Compenation Management
4. Compensation Metrics and Analytics

II. Measurement and Analysis of the Compensation Structures and Processes

1. Job Analysis and Design
2. Developing the Job Description
3. Job Evaluation
4. Point Rating Plans
5. Job Rating Process

III. Job Structures

1. Job Levels and Grading System

IV. Salary Market Survey

1. Average or Mean
2. Weighted Average
3. Low or Minimum
4. Percentiles
5. High or Maximum

V. Philosophy and Strategy: Salary Structures

1. Types of Salary Structures
2. Salary Range and Spread
3. Validating the Salary Structure

VI. Salary Review Process


VII. Variable Pay Program


VIII. Developing and Administering the Compensation Management Dashboard

  • Formulating the Compensation Metrics
  • Developing the Spreadsheet Calculator
  • Developing the Tracking and Monitoring System
  • Linking Historical Data to HR Analytics


Methodology:

This program will consist of series of lectures, group discussions, group-work and self-test.


Facilitator:

 

Mr. Antonio ‘Bobby’ Marquez, Jr.
Former Director for Strategic Compensation & Systems, ABS-CBN Broadcasting Corporation

 

 

For other queries, you may contact Ms. Lalaine Benitez at laine.benitez@pmap.org.ph

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  • Online via Zoom

Event Schedule Details

  • July 25, 2024 8:00 am   -   July 26, 2024 12:00 pm
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