Training on Payroll Management, Compensation & Benefits Administration

Module 1: Introduction to Payroll, Compensation & Benefits Administration

• The context of payroll management, compensation, and rewards processes

• Remaining compliant with increasing regulations and responsibilities entrusted to payroll

• Talent management and reward systems as a method of communication

• The concept of total reward

• Process models (manuals) of payroll and reward

• Case Study: Payroll compliance challenges in a mid-sized organization

• Practical Exercise: Map the payroll and reward process for a sample organization

Module 2: Job Analysis, Job Evaluation and Salary Structures and Controls

• Job Analysis

• Job Evaluation

• Matching the outcome to payroll salary scales

• External comparison – quartile policy

• Managing personal information and evaluating controls

• Case Study: Designing salary structures using external benchmarking

• Practical Exercise: Conduct a mock job analysis and assign positions to salary bands

Module 3: Merit Pay, Increments, Bonuses, Non-Salary Benefits

• Merit pay and incremental schemes

• Conditions of employment (holidays, sick pay, retirement, security of employment, allowances, etc.)

• Short-term incentives

• Long-term incentives

• Flexible conditions

• Physical conditions

• Case Study: Implementing a merit pay and bonus system to improve employee motivation

• Practical Exercise: Design a sample incentive plan including merit pay, bonuses, and benefits

Module 4: Linking Compensation and Benefits to Performance

• The four components of performance-linked rewards

• The links to organizational values and culture

• Management of conduct

• Employee motivation

• Empowerment and recognition

• Case Study: Aligning compensation systems with company performance objectives

• Practical Exercise: Develop a performance-linked compensation plan for a team or department

Module 5: Link between Personal Development and Compensation

• Overview of the end-to-end process and responsible roles

• Use of competencies in payroll and rewards

• Succession planning and the performance/potential matrix

• Example behavior and personal development in practice

• Use of assessment centers

• Case Study: Using personal development plans to influence reward and recognition programs

• Practical Exercise: Create a personal development and succession planning framework linked to compensation