This workshop covers the fundamentals of compensation systems, including: the importance of compensation and rewards for organizational success, compensation system components (base pay, performance-based pay and benefits), legal considerations, as well as non-financial rewards and other aspects of total reward systems. A strategic framework for compensation is developed and relevant theoretical explanations offered on why compensation may (or may not) motivate desired employee behaviours.
Participants will also get an opportunity to design the base pay structure for an organization. This includes doing the job evaluations, conducting market pay research, and developing the resultant pay grades and ranges.
Learning objectives:
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The components of compensation systems: base pay, pay-for-performance and benefits
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The importance of using a strategic approach in designing compensation systems
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Relevant compensation theories
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Relevant laws related to organizational compensation systems in Canada
Who should attend:
HR Professionals involved/interested in their organization’s compensation function; those aspiring to become compensation experts; HR professionals studying for certification-based examinations; those involved in pay equity – including employees in both the private and public sectors; union officials.
Register for Compensation 201: Click here
Note:
We are listening to you, our Members.
You have provided feedback that you would prefer to receive soft copies of presentations instead of printed materials, in order to be mindful of the environment and to reduce our carbon footprint.
Therefore, in 2019,
HRPA Professional Development will, whenever possible, provide a soft copy of the participant course material. We will not produce printed materials unless there is reason to do so
(e.g. program format).
If you absolutely need a hard copy, we request that you print and bring it with you. Hard copies will not be available on site.
Thank you for your understanding.
PD Team