This 5-day training program equips Manpower Planning Senior Specialists with the essential knowledge and skills to design, implement, and evaluate effective compensation and benefits (C&B) strategies.
The course emphasises the strategic role of C&B in workforce planning, talent attraction, retention, and motivation. Participants will gain a deep understanding of pay structures, job evaluation, performance-linked rewards, benefits management, and compliance with international labor laws and standards.
Through lectures, group discussions, practical exercises, and an in-depth international case study, participants will explore both traditional and emerging approaches to compensation and benefits. By the end of the course, they will be prepared to integrate C&B strategies into workforce planning, align reward systems with organisational goals, and contribute to a culture of fairness, transparency, and competitiveness.
Course Objectives
By the end of this program, participants will be able to:
- Understand the role of compensation and benefits in manpower planning.
- Design pay structures that align with organisational strategy and market trends.
- Apply job evaluation and grading methodologies effectively.
- Develop performance-based reward systems to drive productivity.
- Manage employee benefits and total rewards packages strategically.
- Ensure compliance with labour laws, tax regulations, and global HR standards.
- Evaluate and benchmark C&B programs against industry best practices.
Target Audience
This program is designed for:
- Manpower Planning Senior Specialists.
- HR Managers and Compensation Specialists.
- Workforce Planning Analysts.
- Talent Management Professionals.
- HR Business Partners with responsibilities in C&B.
Day 1 – Fundamentals of Compensation & Benefits
- Introduction to C&B & its role in manpower planning.
- Strategic alignment of C&B with business objectives.
- Key components of compensation (base, variable, equity).
- Benefits management: health, retirement & wellness.
- Trends in global compensation & rewards systems.
Day 2 – Job Evaluation & Pay Structures
- Job analysis & evaluation methods.
- Grading systems & pay bands.
- Internal equity vs. external competitiveness.
- Salary surveys & market benchmarking.
- Case-based exercise: building a pay structure.
Day 3 – Performance Management & Incentives
- Linking performance management to compensation.
- Short-term & long-term incentive plans.
- Recognition & non-monetary rewards.
- Aligning incentives with organisational KPIs.
- Managing pay-for-performance challenges.
Day 4 – Benefits Strategy & Compliance
- Designing employee benefits programs.
- Legal & regulatory aspects of C&B.
- Taxation of compensation & benefits.
- International mobility & expatriate compensation.
- Risk management in C&B administration.
Day 5 – Integrating Compensation into Workforce Strategy
- Linking C&B with manpower planning & forecasting.
- Communicating compensation policies transparently.
- Evaluating effectiveness of C&B programs.
- Case study analysis & group discussion.
- Action planning for workplace application.
CASE-STUDY: Google’s Compensation and Benefits Strategy – Balancing Innovation, Equity, and Retention