Designing, Structuring & Implementing Compensation Benefits Scheme
DURATION
2 days on a weekend
PROGRAM FEE
MYR1000.00 +SST
FACULTY
Micro-Credential IUKL & ETSA
Why will this course help you?
Given the current unpredictable business environment, HR leaders are now playing a crucial part in a significant shift in the industry. Companies are placing greater emphasis on talent management and recognizing the vital role of HR executives, who have never been more essential to the company’s success.
Discover effective methods to drive change in your organization, the learning outcomes for Designing, Structuring & Implementing Compensation Benefits Scheme focus on knowledge and skills in analysing and solving compensation-related problems, making informed compensation decisions, and communicating effectively with stakeholders about compensation-related issues.
Learning Outcomes
Understanding the legal concepts that impact compensation, including laws and regulations related to equal pay, minimum wage, overtime, and benefits.
Analyzing and designing a compensation structure that aligns with the organisation’s strategy, goals, and values and reflects market trends and best practices.
Implementing, administering, and maintaining a compensation system that ensures fairness, consistency, and transparency and fosters employee engagement,motivation, and retention.
Develop effective communication strategies to educate employees about the compensation philosophy, policy, and practices, and address their questions,concerns, and feedback.
Evaluating the impact of compensation on mergers and acquisitions (M&A) and international assignments, and identifying the key challenges and opportunities in managing compensation across different cultures, currencies, and regulations.
Course Description
2 Day Course:
Day 1:
- Introduction to Designing, Structuring & Implementing Compensation Benefits Scheme
- Introduction to Compensation
- Legal Concepts that Impact Compensation
- Designing a Compensation Structure
Day 2:
- Implementing, Administering, and Maintaining a Compensation system
- Compensation Communication
- Compensation for M&A and International Assignments
- Conclusion
Overall, the learning outcomes for Designing, Structuring & Implementing Compensation Benefits Scheme focus on knowledge and skills in analysing and solving compensation-related problems, making informed compensation decisions, and communicating effectively with stakeholders about compensation-related issues.
Congratulations to the Graduates of 2021 & 2022
Date : 1 October 2022
Time : 9am
Venue : Grand Ballroom,
The Pullman Kuala Lumpur City Centre
Still Got Questions?
Micro-credential is a small, specialized form of credentialing that validates the acquisition of specific skills or knowledge in a particular subject area. It is designed to provide learners with a way to demonstrate their expertise or competency in a specific skill set or domain, typically in a shorter period of time compared to traditional degree programs.
It will be Certified by Infrastructure University Kuala Lumpur (IUKL)
A: Yes, provided by IUKL
A student can apply for postponement with valid reasons, subject to approval by the Dean.
A student who withdraws from the University for reasons such as medical, personal and financial, may apply for readmission to the subject by filling up registration form and paying registration fees at IUKL website.
https://microcredential.iukl.edu.my/career/based/partnership/3/home
A: Extension of time is allowable upon approval.
2 Day Course : 8 topics
Designing, Structuring & Implementing Compensation Benefits Scheme : 2 Days
There will only be 1 assessment for this subject
The terms and condition to Withdrawal from your programme are:
- The last day to withdraw is 10 days before the first class of the programme.
- Students who have discontinued their study for more than two (2) consecutive classes without notification will be placed under Unauthorized Withdrawal (UW) status that is, they will be treated as having withdrawn from the University.
- For students on payment plans, this will be void and all fees to be settled.
