Designing & Developing a Salary Scale

Objectives:

Editing Salary Scale policies and procedures
Depicting the main objectives of a salary policy
Learning how to categorize employees in terms of salary ranges
Learning the basic elements required in a salary plan
Developing different tools used in a salary system

Course Methodology:

This is an interactive course;
Participants are expected to share their experiences and ideas by active participation throughout all parts of this training program
Participants will be divided into appropriate teams for workshops & real cases
A salary scale for a virtual company will be developed and evaluated during the workshop
Every participant will develop it’s own salary scale under the tutorship of the expert
A manual will be supplied which will support development of the course by helping participants to structure the main acquired competencies

Target Participants:

General Managers of Small and Medium Companies
Human Resource Managers
Compensation & Benefit Managers

Course Outline:

Introductory Remarks
Salary Scale & fairness principle
Identifying inequalities in the salaries of employees having equal contributions
Detecting inequalities in salaries across departments

Prerequisites for a salary scale
Well-structured and clear job descriptions
An HR department in the company
A well depicted organizational chart
Well defined functions and tasks in the company

The phases in developing a salary scale
Defining the critical factors to segment your employees
Defining the appropriate salary range for each segment
Reviewing if your salary ranges are cohesive with your salary budget

Implementing your salary scale
Segmenting your employees with respect to the previously defined critical factors
The consequences of segmentation
Deal with problems arising from your salary scale

Updating and adapting your salary scale
What are indicators that you need to update your salary scale
Where to start the update from?
How to adapt your salary scale to exogenous shocks

Case studies
Real case study presented to the participants