Compensation Management Quantitative Series 1: Quantitative Tools For Compensation Practitioners

Compensation Management Quantitative Series 1: Quantitative Tools For Compensation Practitioners

KWSH-HR-06 (Intermediate)

Course Overview

At the end of the course, participants will acquire the knowledge/skills in using the quantitative tools to manage salary progression (including matrices to guide payment of annual increment) as well as salary range design issues.

These tools are also useful in constructing and designing salary structure on your own. Both concepts of these tools and their practical applications will be demonstrated in this workshop

The topics/modules covered are:

  1. Goals of compensation management
  2. Concepts of internal, external, individual & process equity
  3. Total compensation plan
  4. Salary range design
  5. Range ratio
  6. Spread
  7. Job worth
  8. Salary structure
  9. Salary progression
  10. Compa-ratio
  11. Penetration ratio
  12. Market ratio
  13. Annual increment matrix

Target Participants

Compensation practitioners and human resource practitioners

Course Details

Date/ Time

Time: 9AM to 5PM

Venue

Kwong Wai Shiu Hospital
705 Serangoon Road
Singapore 328127

Course Trainers

KWSH is delivering the course in partnership with Kaizen Co-operative, a Social Enterprise of The Singapore Manual & Mercantile Workers’ Union

Course Fees per pax: $445.12 (inclusive of 7% GST)

Up to 90% course fee support from AIC Community Care Training Grant is available for eligible Community Care organisations.

Please register via our registration form and email to CTI@kwsh.org.sg

OR Please register for the course via AIC Learning Management System. Go to the following URL:

https://lms.aic-learn.sg/lms/app/

Contact us:

(65) 6422-1220
CTI@kwsh.org.sg

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