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Day 1: The Role of Compensation within the Organisation

• Defining the role and purpose of compensation
• The importance of perception Communicating the process, thinking and practical application of compensation
• Understanding the purpose of benefits
• Deciding what fits and different approaches to benefits packages
• Linking the reward system to business strategy

Day 2: Determining Competitive Pay and Benefit Practices

• Keeping good employees – what will make them stay and stand out from the rest?
• Intrinsic compensation – job characteristics
• Extrinsic compensation – adjustments, legal requirements, discretionary benefits Market competitive pay systems
• Salary structures – Bonus plans

Day3: The People Element

• Developing and keeping positive employee relations
• Attracting people from outside the organisation
• Motivating internal employees and matching their expectations
• Communicating decisions and changes effectively
• Case study

Day 4: Essential skills every compensation manager needs

• Resourcefulness
• Communication
• Negotiation
• Analytical
• Delegator
• Business-wise
• Expertise
• Technical
• Organizer
• Equalizer

Day 5: Industrial Relations

• The three ‘schools of thought’ – Pluralist, Unitarist and Radical
• Management of conflict in industry
• Collective bargaining
• How industrial relations impact your business
• Resolutions of industrial conflict
• Positive employee relations

For more information send us at:

info@cinpaa.org
or whatsapp or viber:

+34-63-586-76-86

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