Price:
R598.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Payroll
Lecturer:
Ruzel Van Jaarsveld
Duration:
120 Minutes
Additionals:
R598.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Payroll
Lecturer:
Ruzel Van Jaarsveld
Duration:
120 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Remuneration is one of the most powerful levers available to organizations in shaping the behaviour, motivation, and retention of their workforce. Employees work to earn a livelihood, but the value of remuneration goes far beyond the simple exchange of money for time. For employees, their pay
packages are a vehicle for achieving personal financial goals: paying bills, reducing debt, securing housing, funding education, and preparing for retirement. This course explores how organizations can match employee needs with financial goals through structured remuneration strategies.
TOPICS DISCUSSED
- Module 1 – Matching Employee needs with Financial Goals
- Module 2 – Alignment with Business Objectives
- Module 3 – Internal Equity and External Competitiveness
- Module 4 – Job Grading and Market Statistics
- Module 5 – The Paterson Job Grading System
- Module 6 – The Hay Job Evaluation Method
- Module 7 – Comparing The Paterson and Hay Job Evaluation Systems
- Module 8 – Performance and Skills-Based Progression
- Module 9 – Total Rewards
- Module 10 – Transparency and Communication