Compensation Packages and Payrolls Structure

Created by LEC Team
Last updated Mon, 27-Mar-2023
Download as pdf

Course Purposes of Compensation Packages as well as Payrolls Framework


  • Go over the principles of reward systems
  • State the elements of reward systems
  • State the purpose of reward systems from the business and also staff member viewpoints
  • Compare various kinds of salary and also pay structures
  • Take into consideration the effect of performance-related pay
  • State using different sorts of benefits as well as allowances
  • List factors affecting on International compensation as well as expatriate rewards


Day 1
Introduction to Reward Systems:

  • Defining the roles of HR and line management

  • Introduction to reward systems

  • The elements of reward

  • Reward Management

  • Labour markets and economic theories

  • Reward philosophies, strategies, and policies

  • Factors affecting pay levels



Day 2
Salary Structures:

  • Definition of a salary structure

  • Pay structures - purpose

  • Graded pay structures

  • Broad-banding

  • Individual job range structures

  • Job family structures

  • Pay curves

  • Spot rate structures

  • Pay spines

  • Integrated pay structures



Day 3
Rewarding Individuals and Teams:

  • Performance-related pay

  • PRP as a motivator

  • Performance management and reward

  • Blue-collar incentives

  • Skill and competency-based pay

  • Team rewards

  • The link to organizational performance



Day 4
Benefits Allowances and Pensions:

  • Non-financial rewards

  • Benefits and allowances

  • Pension schemes

  • Employee benefits strategy and policies

  • Flexible benefit systems

  • Location and subsistence allowances

  • Overtime and shift payments

  • Stand-by and call-out allowances



Day 5
International and Expatriate Considerations:

  • International pay

  • Expatriates rewards

  • Home or host-based approach

  • Managing reward systems

  • Consolidation exercise

  • Review of whole course

  • Developing personal development plans

Enquiry form
+ View more
Other related courses
00:00:00 Hours
0 0 $0
00:00:00 Hours
0 0 $0
00:00:00 Hours
0 0 $0
00:00:00 Hours
Updated Mon, 27-Mar-2023
0 0 $0
00:00:00 Hours
Updated Mon, 27-Mar-2023
0 0 $0
Dates Venues Price Details