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HRM Professional Diploma Series: Compensation & Benefits

Title HRM Professional Diploma Series: Compensation & Benefits
Course code MG120.4-06-2019-C
Objective Upon completion of the course, participants should have acquired the following:
  • an understanding of the fundamental concepts of compensation and benefits (C&B) management
  • how to plan and administer C&B
  • knowledge of company structures, grades and job analysis
  • an understanding of different methods of conducting salary surveys
  • an understanding of different types of incentives and their applications
  • how to plan and administer employee benefits
  • an understanding of the procedure of salary disbursement
  • understand the latest development in legal and other aspects
1. Fundamental concepts of compensation and benefits (C&B)
  • What is C&B management?
  • Philosophy and objectives of C&B
  • Strategic C&B system
  • Performance-based compensation
2. Company structure and job assessment
  • Company structure
  • Grades and types of jobs
  • Job assessment
3. Salary surveys
  • Survey methods
  • How to design a salary survey
  • How to analysis the data collected
  • Case analyze
  • Sources of 3rd party information
4. Salary structure and scale proportions
  • How to design a salary structure
  • Relationship between salary scale, education, experience and professional qualification
  • Case analysis
5. Incentives
  • Fixed and variable compensation
  • Short term and long term incentives
  • Individual and group incentives
  • Applications of different types of incentives
6. Employee benefits
  • Medical and other living benefits
  • Retirement benefits
  • Flexible benefit schemes
  • Other benefits
7. Salary disbursement
  • Procedure of salary disbursement
  • Budget control
  • Procedure for outsourcing works
  • Balanced Scorecard
8. Legal aspects and other trends
Assessment In-class performance, assignments and test
Target audience This course is tailor-made for HR professionals. Managers/Supervisors involved in planning compensation & benefits review will also find this course useful.
Prerequisite Priority will be given to individuals who are presently working in human resources management.
Class size 20 Full
Instructor Trainer(s) from Synergy Plus Training and Consultancy Ltd
Instruction language Cantonese
Handout language Handouts partly in Chinese and partly in English
Duration 30 hours in 10 sessions
Schedule 14:00-17:00, 17:30-20:30, from Jun 8, 2019 to Jul 6, 2019 every Saturday.
Fee MOP2,860
Venue CPTTM Head Office (Rua de Xangai 175, Edf. ACM 7 Andar, Macau)
Certificate Certificate of Completion/Merit issued by CPTTM (with at least 80% attendance and passed the assessment).
PDAC code Approved Course under the SAR Government "Continuing Education Development Program", Code: 1810321159-0
  • This is one of the six modules of the “Human Resources Management (HRM) Professional Diploma Series (MG120). Individuals who have successfully completed all six modules within a two-year period can apply for a CPTTM Professional Diploma.
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