Optimising Value from Compensation Surveys | KPMG | NG

Optimising Value from Compensation Surveys

This training programme provides insight into key aspects of compensation surveys

13 June 2017, 9:00AM - 5:00PM, WAT

Course Objectives

The results of the 2014/15 KPMG HR policies and practices survey showed that 77% of respondents utilise some form of market survey or the other in taking pay decisions. The high percentage underscores the importance of aligning reward strategy to market practice (where appropriate). To optimize value from compensation surveys, the Reward and HR practitioners need to understand how to read remuneration survey reports and take informed decisions that will enhance their company’s success. It is therefore important for Reward and HR practitioners to be savvy and knowledgeable in optimizing value from compensation survey results. This will ensure that the right talents are rewarded and retained while managing the exposure to costs and risk to your company.

This training programme is designed to help you answer the following questions: How do you make the most out of the surveys you conduct? How does the survey process work and how do you interpret the results? How do you ascertain the reliability and validity of the survey information? How do you ensure that all pay items are captured and properly valued? How do you use results from multiple surveys? How is the job correlation / matching carried out – are “apples” compared with “apples”?

This training programme provides insight into key aspects of compensation surveys – keys to comprehensive data collation, job matching process and leveraging the survey results in defining competitive, affordable and sustainable pay levels.
 

Fee Timing
N100,000 per participant, exclusive of VAT5% discount for 3 to 4 participants and 10%discount for 5 participants and above Duration : 1 Day
Dates: June 13, 2017
Time : 09:00 AM - 05:00 PM
Venue/Location Who Should Attend?
KPMG Tower
Bishop Aboyade Cole Street
Victoria Island,
Lagos, Nigeria.
• HR and Reward practitioners
• Managers and team leads who typically act as champions and role models & mentors for their team members
• Finance functions that liaise with HR for costing, funding and accounting for Rewards programmes
• Union members who need to improve their knowledge of Rewards and how it affects union members
• Senior and executive management roles that need to enrich and broaden their knowledge on Rewards

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