Compensation and Benefits Management for HR Managers & Executives

07-08 May, 2018, Kuala Lumpur

FOCUSING ON
  • What is Compensation and Benefits (C & B)?
  • Job Descriptions & Job Specifications for Compensation
  • Points Method of Job Evaluation
  • Pay Structures
  • Incentives
  • Pay for Normal Work Hours / Annual Leave / PH / Rest Days and OT
  • Medical Benefits
  • Maternity & Paternity Benefits
  • Termination & Retrenchment Benefits
  • EPF & SOCSO & EIS 2018
  • Other Benefits & Perks
OVERVIEW

Almost everyone in a profit-oriented organization works because of compensation and benefits.

 

Employees look for a certain minimum compensation to meet their cost of living expenses and thereafter to be compensated according to market conditions. Besides this employees expect to be given a fair compensation in comparison to others. Employees also want to know their compensation and benefit plan for the future as part of having a secure career plan

 

Employers on the other hand need a proper compensation and benefits programme to attract and retain employees. They also need this for planning and budgeting purposes.

ABOUT THE COURSE

This comprehensive course covers the entire spectrum of compensation and benefits management.

 

It starts off with the basic HR tool of writing proper job descriptions and specifications suitable to make compensation decisions, followed by job evaluation to determine an internally equitable salary structure in tandem with the market.

 

Then it goes into the management of the various benefits both legal and market driven.

WHY ATTEND THIS COURSE?

Participants get to experience the management of the various aspects of compensation and benefits through experiential workshop exercises led by a facilitator with practical work and training experience.

WHO SHOULD ATTEND
  • HR Managers
  • HR Executives
  • Compensation & Benefits Specialists
METHODOLOGY

Interactive Presentations & Discussion, Case Studies and Exercises.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Drafting proper job descriptions and specifications
  2. Drawing up a job evaluation chart and evaluate jobs for internal equity
  3. Establishing job grades, pay grades and salary structures
  4. Using performance appraisal ratings to match salary increases and bonuses
  5. Drawing up an equitable incentive scheme including gain sharing plans
  6. Administering annual leave plans
  7. Computing pay for work during work hours and OT on a rest day and public holiday
  8. Computing encashment of annual leave and public holidays
  9. Processing pay for resignation and termination of services
  10. Administering retrenchment and retirement benefits
  11. Administering non-mandatory benefits
  12. Administering medical benefits
  13. Administering maternity and paternity benefits
  14. Administering SOCSO & EPF contributions and claims
DAY 1
9:00 WHAT IS COMPENSATION & BENEFITS (C & B)?
  • Components in a compensation package
  • What do employees seek in compensation and benefits?
  • Equity in financial compensation
  • Factors that influence C & B
  JOB DESCRIPTIONS & JOB SPECIFICATIONS FOR COMPENSATION
  • Job Analysis as a basic HR tool
  • Information for Job Analysis
  • How to write effective Job Descriptions and Job Specifications
10.45 POINTS METHOD OF JOB EVALUATION
  • Type and Description of compensable factors
  • No of Points
  • Degree of compensable factors
  • Survey of external market
  • Internal equity factors
  • HAY method
1:00 Lunch

2.00 PAY STRUCTURES
  • Job grades and pay grades
  • Fixed scale / Pay ranges
  • Increment percentages and quantum
  • Paying for cost of living
3.45 INCENTIVES
  • OT
  • Commissions
  • Performance Bonus
  • Profit sharing
  • Gain sharing
  • Service points
  • Merit increase
5:00 End Of Day 1
DAY 2
9:00 PAY FOR NORMAL WORK HOURS / ANNUAL LEAVE / PH / REST DAYS & OT
  • Normal working hours & days
  • No of days of entitlement of AL, PH and RD
  • Rate of pay for encashment of AL/ PH
  • Rate for work done during normal hours / OT rates
10.45 MEDICAL BENEFITS
  • Sick Leave
  • Prolonged illness leave
  • Medical treatment
  • Hospitalization benefit
  MATERNITY & PATERNITY BENEFITS
  • No of maternity leave days
  • Eligible period
  • Maternity delivery benefit
  • Paternity benefits
12.00 TERMINATION & RETRENCHMENT BENEFITS
  • Notice period
  • Rate of compensation for retrenchment
  • Computing last date of employment and last salary on termination
  • VSS
  • Who is eligible for termination benefits
1:00 Lunch

2.00 EPF & SOCSO AND EIS 2018
  • Who must contribute?
  • Types of schemes
  • Rate of compulsory contribution
  • Benefits of SOCSO & EPF
  • Making claims
3.45 OTHER BENEFITS & PERKS
  • Group insurance policy
  • Retirement benefits
  • Additional leave for special purposes
  • Additional benefits for special purposes
  • ESOS
  • Education benefits / Scholarships
  • Loans
  • Perks
  • Allowances for special purposes
5:00 End Of Course

 

LEARN FROM THE BEST

CYRIL PAGADALA comes with more than 18 years of real hands-on work experience in Human Resource Management, Operations, Customer Service and Administration.

His work experience covers various industries such as the banking, manufacturing, hospitality and other service industries He has worked for both local and multinationals and in both small and large companies. He also worked for a group of companies where he was the Director of Human Resource & Administration.

Cyril has a BA (English) and MA (Human Resource Management) He is now a lecturer and corporate trainer for many years.

He has gone through the whole gamut of HRM functions including setting up the HR Department A-Z and company start up operations with appropriate systems in a new organization as part of start-up operations

One of his main functions has been compensation and benefits. He has established pay systems including job grades and pay grades and drawn up equitable compensation and benefits packages for various levels of employees. He has drawn up HR policies and administered the various benefits and perks     

Cyril delivers and facilitates the courses in a simple, easy-to-understand way and willingly shares knowledge. Due to his real hard-knock work experience, he is able to provide many simple solutions to work challenges

His participants range from CEOs, managers, executives, supervisors to clerks; and professional engineers, lawyers and computer specialists both local and foreigners. He has many repeat clients. Maybe this is due to his simple philosophy: “SHARE REAL WORK KNOWLEDGE”. Perhaps a cue may also be taken from a participant: ‘I NEVER KNEW THIS WAS SO EASY!’ 
 
He has trained small, medium and large local and multinational
Organizations from various industries. Some of them are: 

Hospitality: Hotel Maya, Tanjung Rhu Resort, Equatorial Hotel, Shangrila Hotel, NIKKO Hotel, Country Heights Resorts, Nando’s, Mines Resort, STAR Cruises, Japan Travel Bureau (Japan Embassy), Medical: Hospital Pantai Indah, Subang Jaya Medical Centre, Shipping: Kudrat Maritime, Global Airfreight, MISC, Car: Honda, EON, PERODUA, Swedish Motor Assemblies, Construction: Bumimetro Construction, YTL Land, Fujiya Constructions, Consultants: Job Street.com, Job Hunt, Eurogain Consulting, Education: INTI College, University Islam International, MBB, RHB, MBF Cards, Cosmetics: Clara International, Food: Cadbury, Dumex, Sara Lee, BABA Products, Insurance: Multipurpose Insurance, Takaful Nasional, Technology: Samsung Electronics (M), Malaysian Biotechnology Sdn Bhd, IT: Oracle (USA), Orga (Germany), Petrol & Chemicals: Petrochemical, Petronas, Hitachi Chemical, Sime Kansai, CCM Chemicals, Electronics Toshiba, Sony, Canon, Hitachi, Media: Redtone Telecommunications, STAR, NST, Tyres: Continental Sime Tyres, Prestar Steel Pipes, Perwaja Steel, Genting Sanyen, Ornasteel Enterprise Corporation, Voluntary: Malaysia AIDS Council, Manufacturing: Malaysia Newsprint Sdn Bhd, , Schaefer Kalk (M), Guardian Venture (M), Sinora, Cargil Palm Products, Government & GLCs: Dewan Bahasa dan Pustaka, Ministry of Local Government and Housing, Income Tax Board, Airod, Sabah Tourism Board, FELDA, Telekom Malaysia, TNB, Company Commission of Malaysia, EPF (Malaysia), EPF (Brunei) etc.

 

 

VENUE DETAILS

Dorsett Kuala Lumpur
172, Jalan Imbi
55100 Kuala Lumpur
- 55100
Phone :(603) 2716 1000

 

IPA TRAINING IS REGISTERED WITH

 

CONTACT US

Juliany, 
O - 03 2283 6109,
M - 019 3134436
juliany@ipa.com.my 

Michelle, 
O - 03 2283 6100, 
M - 019 363 7822
michelle@ipa.com.my 

For Customised In-House Training
Yvonne,
O - 03 2283 6101, 
M - 012 2011247,

F - 03 2283 6108
 
yvonne@ipa.com.my
 

ADDRESS 

A-28-5, 28th Floor, 
Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my