About this product
● Training Schedule: Friday, June 20th, 2024
● Time: 09:00 AM - 05:30 PM
● Venue: District 1, HCMC
● Fee: 6,600,000 VND/pax (8% VAT included)
HR leaders have always been held to a high standard of providing fair & competitive compensation and reward designs. Acknowledge such high expectations, Talentnet-Mercer proudly presents this workshop to familiarize participants with essential tools and methodologies to design a pay scheme that is based on employees’ performance.
WHAT WILL YOU GET?
● Methodologies on Pay for Performance concept
● The positioning of Incentives within Total Rewards
● An outline of variable pay, i.e Short (STI) and Long-term incentives (LTI) design process - key performance considerations - the returns on the incentive spend
● Applying basic short-term incentive design principles to your organization, and calibration of results to rewards
AGENDA
MORNING
1. 3-P Compensation Concept
2. The role of Performance Management
3. Introduction to Compensation Elements
4. Performance Bonus Overview & Eligibility
AFTERNOON
5. Funding and Budgeting
6. Performance Measures
7. Plan Mechanics
8. Test for Pay-for-performance
TARGET LEARNERS:
HR professionals, Total Rewards specialists, compensation and benefits managers who want to understand and gain an overview of variable pay
TRAINER: Mr. Thuận Lê
CONTACT:
Phan Ngọc Kim Xuân (Ms.)
Email: xuanpnk@talentnetgroup.com