Compensation & Benefits Mastermind

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Compensation & Benefits Mastermind

October 30 @ 8:00 am - November 1 @ 12:00 pm UTC+0

Ksh25,000

  • Define compensation terminologies such as comparatios, paymix, incentives, commission, bonus, base salary, Short term incentive (STIP), Longterm incentive (LTIP)
  • Distinguish between Competitive strategy and a total compensation strategy
  • Understanding Pay structures; Job based, Organisation Specific and Person Based
  • Approaches to Determining Pay
  • Designing a Pay system: How to develop salary structures from scratch
  • External Competitiveness; Pay level and pay Mixes
  • How salary surveys drive Compensation decision
  • Types of Benefits in the market place
  • Incentive Plans & Executive Compensation
  • Understand the budgeting process and its components

Earn 3 CPD Points

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Details

Start:
October 30 @ 8:00 am
End:
November 1 @ 12:00 pm
Cost:
Ksh25,000

Venue

Tamarind Tree Hotel