FOUNDATIONS OF COMPENSATION

Course overview

Kick-start your journey into the world of compensation with this practical, yet engaging learning experience.

Course benefits

In this program, you will build knowledge in the fundamentals of compensation, including key legislation, designing and administering a compensation system, and communicating compensation plans to your organisation. You will participate in application-based activities and discussions designed to increase your awareness and skill in such areas as incentive pay and compensation for critical business needs. You will walk away from this course with the foundational knowledge required for any new compensation practitioner.

  • Understand how business strategy and compensation philosophy guide a total rewards program
  • Identify laws that affect compensation
  • Create job value using internal and external methods and develop pay structures
  • Recognize the components of executive compensation

Course outline

Module 1: Introduction

Module 2: Applicable Laws

Module 3: How Business Strategy Drives Compensation Strategy

Module 4: Executive Compensation Overview

Module 5: Current Trends in Compensation

Module 6: Conclusion

Module 7: Establishing the Value of Jobs

Module 8: Pay Structures

Module 9: Pay Administration

Module 10: Communication

Module 11: Show Me the Motivation

Module 12: Bonus Plans and Other Short-term Incentives

Module 13: Sales Incentives

Module 14: Pay Equity

Module 15: Think Like an Owner

As part of the training and learning during this course, photography and/or video recording of participants in action will be done. 

Duration

2 Days

Who should attend?

Level 3 - New Managers
Level 4 - Managers
Level 5 - Senior Managers & Directors

Programme leader

Tham Chien Ping (CP) is a practicing regional HR / OD leader and consultant. He has more than 10 years of combined experience in HR Business Partnering, Learning, Talent and Organisation Development locally and regionally in the Asia Pacific and South-East Asia region. He has worked in various HR roles in the Singapore Civil Service, Multi-National Corporations (IT, Medical, Insurance Brokerage & Professional Services), Banking & Finance Institutions and high-growth technology-driven Start-Ups.

He specialises in designing and conducting programs and solutions leveraging on various psychometric profiling tools and assessments. As a trained and certified counsellor and coach, CP has designed and led many initiatives and strategies in progressive HR practices to enhance and strengthen employee relationship and engagement as well as diversity and inclusion at the workplace. He also provides internal and external performance and career coaching to aspiring HR and business leaders to people managers and business leaders. He is also the Master Facilitator and Representative of SHRM, the biggest membership based HR professional body globally, for the South-East Asia region.


Course fee

Programme Fee Amount (including 7% GST) Remarks
Member Total Fee $909.50 -
Non-Member Total Fee $1,070.00 -
Early Bird Discount 10% Read Terms & Conditions

Enquiries : Lee Yoke Leng - 62485892 | 62466746, yokeleng@sim.edu.sg


Non-members are welcome to sign up for SIM membership to enjoy the discounted rate.

To register for the programmes now, select the preferred programme run-dates below through the register icon.

Course runs

Date Time Venue Registration Closing Date Register
10-02-2022 to 11-02-2022 09:00 - 17:00 SIM Management House, 41 Namly Avenue, Singapore 267616 27-01-2022

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