P-E Corporate Services SA (Pty) Ltd Management Consultants

Salary Structuring

A Comprehensive One-day Course for Remuneration Practitioners.

 

Offered as a Public Or In Company Training Course

 

Developing an integrated and meaningful pay structured is a critical feature of effective remuneration management. Organisations have to ensure that their pay structures are equitable, defensible and market-related. The correct preparation and design of structures around your organisations job evaluation system is essential

 

What Delegates Will Learn

 

By the end of this course, participants will be able to identify variables that influence salary structures. They will learn the techniques required to deal with salaries that are anomalies at their levels, such as those that have reached the top of the pay scale, as well as how to plot scattergrams and develop integrated pay structures based on any job evaluation system.

  

Course Content

  • Establishing Criteria for a Competitive Salary Structure
  • Identifying Variables that may influence the Structure
  • Interpreting and using Salary Surveys
  • Implications of a Broadbanded Pay Structure
  • Developing a Salary Structure using any Job Grading System
  • How to calculate the Pay Ratios, Pay Slope, Pay Curve and Pay Ranges (and a debate on the ‘Ideal’ Structure)
  • Moving from Basic Pay to Total Package Pay Structures
  • Competence and Performance Based Reward approaches

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