Integrating Salary Structure and Performance Management System

Program Overview

An organization’s salary structure and performance management system are critical components that HR practitioners must develop to create an effective and meaningful compensation system. By aligning the salary structure with the performance management system, organizations can ensure a solid foundation. This integration ensures that salaries are not only internally consistent and externally competitive but also that employee performance evaluations are based on principles of fairness, justice, honor, and mindfulness.

 

Introduction

Every HR practitioner must grasp the fundamentals of salary structuring and performance evaluation. How can an HR practitioner effectively motivate employees if they lack an understanding of financial needs, relying only on knowledge limited to recruitment, training and development, and employee relations? Without a clear grasp of the organization’s salary structure and performance management system, an HR professional may struggle to thrive in the field.

Course Objectives

• Introduce participants to the concepts and theories of salary structuring and performance management systems.
• Help participants understand the consequences of inadequate salary structures and performance management systems.
• Teach participants how to effectively integrate salary structures and performance management systems.

 

Who Should Attend

• All HR practitioners
• HR Managers and Compensation and Benefits Officers
• Business Owners
• Stakeholders
• Other interested parties

Course Content

PART 1: SALARY STRUCTURE
Module 1: Introduction to Salary Structuring

• The dual purposes of salary structuring
• Importance of a well-designed salary structure

Module 2: Salary Surveys and Benchmarking

• Conducting salary surveys
• Understanding salary benchmarking
• Market positioning of the company: 25th, 50th, 75th, and 90th percentiles

Module 3: Compensation Ranges

• Salary spreads
• Defining minimum, midpoint, and maximum salary ranges
• Salary overlaps

Module 4: Key Metrics in Salary Management

• Compa-ratio: Definition and calculation
• Understanding red-circle and green-circle employees

PART 2: PERFORMANCE MANAGEMENT SYSTEM
Module 1: Performance Evaluation Processes

• Performance evaluations for probationary employees at 3rd and 5th months
• Mid-year and year-end evaluations for regular employees

Module 2: Performance Improvement Plans (PIPs)

• Creating effective PIPs for underperforming employees

Module 3: The Performance Management Cycle

• Overview of the performance management cycle
• Understanding the bell curve concept in performance appraisal

Module 4: Goal Setting and Evaluation Metrics

• Setting SMART goals and Key Performance Indicators (KPIs)
• Calibration of performance ratings

Module 5: Common Challenges in Performance Evaluation

• Common errors in performance evaluation
• Identifying areas for improvement and associated training
• Strategies for rewarding performance

Empower your team with essential skills! Enroll now and unlock effective salary structures and performance management strategies that drive results. Join us today!

 

 

 

 

Resource Speaker

Mr. Ernie Espinosa
Past PMAP President and People Manager of the Year

Click here for his profile.

 

 

Training Investment

REGULAR RATE
Php 1,899.00 + VAT

EARLY BIRD RATE
Php 1,499.00 + VAT until April 16, 2025

GROUP RATE
Php 1,399.00 + VAT per pax for 5 – 14 pax

SUPER GROUP RATE
Php 1,199.00 + VAT per pax for 15 or more pax

BIRTHDAY MONTH PROMO – FREE SEAT
Register within Your Birthday Month with at least 2 Paid Pax @Php1,899.00+ VAT per pax (Must present proof of date of birth)

JOIN NOW PAY LATER PROMO
Pay After 30 Days from the date of the Masterclass @ Php2,099.00+ VAT per pax

Presentation Materials and the Digital Certificate will be provided

 

 

In-House Training

Looking for customized in-house training in HR, Labor Law, Taxation, Accounting, Supply Chain Management, Soft Skills, or similar areas?

Click here for more information.

 

 

IMPORTANT REMINDERS

REGISTRATION.
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PAYMENT
POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal 

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

IMPORTANT:
Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

Masterclass access links.
Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead. 

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Thank you and enjoy!

Keep safe and God Bless!