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WORKSHOP ON COMPENSATION AND BENEFITS MANAGEMENT

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HCA Learning Centre. Acme House 2nd Floor, 23, Acme Road, Ogba, Ikeja, Lagos

Nigeria

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Program Overview:
Understanding and being able to undertake effective job analysis and evaluation is an essential activity for the Human Resource professional, and a powerful tool for line managers to use. Together they form the basis of the requirements of a job role and determine the job's value or worth to the organization, thereby ensuring appropriate remuneration is applied. One can then ensure that these positions are objectively evaluated. This seminar is designed to provide participants with an understanding of different job analysis and evaluation methodologies and how job analysis and evaluation is used as the basis for designing pay and grade structures.

FOR WHOM:
Human Resources Professionals working in the function who wish to acquire relevant knowledge and skills, and for those working in other areas of human resources who wish to broaden their understanding of this important function.

LEARNING OBJECTIVES:
At the end of the program, participants will be able to : · Understand the basic principles and major elements of compensation
·Understand the various processes in compensation: Job Analysis, Job Descriptions, Job Evaluation and Compensation Surveys

COURSE CONTENTS

Managing Compensation: An Overview
§Compensation Objectives, Components and Factors Affecting Compensation
§Effective Compensation Management System
Job Analysis and Job Descriptions
§The Need for Job Descriptions, §Principal Approaches to Job Analysis
§Carrying Out the Job Analysis Process, §The Main Components of a Job Description, §Job Description Writing: Practical Application
Job Evaluation
§Job Evaluation Defined, §Job Evaluation Methods
§The Pay System: An Overview
§Job Evaluation Guidelines, §Sources of Error
Compensation Systems
§Main Compensation Policies
§Factors Affecting Pay Levels, §Paying for Competence
§Basic Salary Structures, §Salary Structure Design
§The Right Number of Grades,
§Spread and Progression
Allowances as Part of Total Pay
§Purpose of Allowances, §Nature of Work Allowances
§Non Nature of Work Allowances, §Regional Practices
Understanding Benefits
§Definition and Purpose of Benefits
§Categories of Benefits, §Regional Practices
§Managing an Effective Benefits Program
§Main Features of a Long Term Benefit Plan
Introduction to Compensation Surveys
§Purpose of Surveys
§Designing and Carrying Out a Compensation Survey and Report

RESOURCE PERSONS

Ajelero, S. Abayomi - MA, History, Advanced Dip in HR Mgt., Masters Industrial & Labour Relations Mgt. Mr. Abayomi was formerly the Assistant Controller HR / Head of Training Urban Development Bank Nig. Plc. He has over 15 years work experience spanning the manufacturing, Services and the financial sectors of the Nigeria economy. Mr. Abayomi is a HR consultant / trainer to Nig. Institute of Manpower Development & Industrial Relations. He will bring his experience to bear on this program.

JEGEDE DOTUN MOSES - PhD Global Learning & Development and Masters of Art in Human Resource Mgt. Dr. Dotun was formerly the MD/CEO of NUGI Engineering Ltd (a major Shell's Contractor). Dr. Dotun is a specialist in Human Resource Mgt. His work experience spans the Manufacturing, Service and oil & Gas sectors of the Nigeria economy, where he worked as Human Capital Advisor to some notable organizations including The Nigerian Bar Association before venturing into consultancy. Dr. Dotun will bring his experience to bear on this program.

WORKSHOP FEE:
N150,000 per participant, VAT -N7,500.
Note: this covers Workshop Fee, Tea Break, Lunch, course materials and certificate of attendance.
Payment should be made in favour of Human Capital Associates.
Payment can equally be made into our Accounts:
Account Name : Human Capital Associates
Keystone Bank Ltd. Account No:1005378262
Union Bank Of Nig. Plc Account No: 0006208533

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HCA Learning Centre. Acme House 2nd Floor, 23, Acme Road, Ogba, Ikeja, Lagos

Nigeria

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