The Vital Role of Salary Scales

Code : HRT026
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Why Attend This Training Course?
In a turbulent market place and economic transformation, organizations find themselves in the middle of a puzzle, either to compete or keep a low profile. To stay in competition, your company needs to take a strategic decision as to whether or not, you should have a competitive salary scale, which is one of the strategic tools that organizations strive to have in order to maintain their market position. This training course will take you through the secrets of structuring salary scales based in best practice methodologies.

What Is The Training Course Methodology?
ACAD Corp’s methodology depends on enabling participants to interact and exchange experiences, explore their competencies and achieve their career aspirations, using forward-thinking training arts, such as Theoretical Lectures, Workshops, Open discussion to exchange opinions and experiences, Scenarios, innovative thinking brainstorming and teamwork, Role-play and simulation, and Audiovisual tools and materials. Participants will receive an agenda including training material as a reference, in addition to some extra notes and booklets. Training material will be presented in English and Arabic.

Who Should Attend This Training Course?
This course is designed for the following target audience:
  • Individuals new to the field of human resource management
  • Aspiring human resource professionals
  • Persons who are in supervisory positions and others who have their own businesses

What Are The Training Course Objectives?
  • Write down job descriptions based on best practice methodologies
  • Evaluate and price jobs
  • Acquire good knowledge of the technical skills in making salaries surveys
  • Attain experiences in estimating salaries scales and problems related to the scale modification and its application
  • Attain a better knowledge about preparing and forming payroll policies and enhance their performance in explaining, follow up the application of these policies 
  • Create and develop current salary scale using international mechanism
  • Place current and future staff members into the new scale
  • Phase out cost of placement
  • Administer newly developed salary scales based on best practice
  • Forecast HR annual budget including merit increases and promotional increments

What Is The Training Course Curriculum?
Introduction
  • Economic impact and constraints on businesses
  • Why do businesses excel
  • Estimating salaries scale
  • Principles, timing and methods
  • Salaries surveys
  • Goals and scope
  • Success story
Job Evaluation
  • Job analysis
  • Competency based job descriptions
  • Point rating job evaluation
  • Salary and benefits survey
  • Selecting standards jobs
  • Survey information for comparative organizations
  • Analyzing survey information 
  • Job matching, benchmarking, and Job pricing
Salary Structure
  • Structuring your competitive salary scale based on best practice approach
  • Salary brackets and grading structure
  • Main factors that affect salaries levels
  • Instructions to apply the corrected salaries scales
  • Payroll characteristics and policies
  • Pay bands regression and quartiles
  • Upward progression ratios
  • Smoothening the scale cure
Benefits of Scientific Salary Scales
  • Market catch up process
  • Placement of new hires
  • Acquaint working departments with changes and salaries scales and policies
  • Control application of policies and salaries scales to guarantee it’s proper implementation and its development availability
  • Human resources budget forecast
  • Administering merit increases, promotions and career path using a scientific approach structure
Course Details
Personal Details
ACAD Professional Certificate - APC
ACAD Training & Consulting uses the power of its network to bring about positive, tangible change. We champion the training courses profession and the interests of individuals, engaged in that profession, for the benefit of all. ACAD Professional Certificates are designed for those who are enthusiastic to challenge themselves to reach the extra mile. Participants who fully attend an APC course and successfully pass the exam on the last training day, will receive an ACAD Professional Certificate (APC). APC are regionally recognized and can be esteemed when applying for more senior roles in Egypt and MENA region.

Exam Details:

Duration: 1 hour | Multiple Choice | Closed book | Pass mark: 65%

Course Schedule

Course Location and Date

08 - 12 Nov
Live Online Training
$1600
5 Sessions

Course Location and Date

17 - 21 Jan 2021
Cairo | Instructor-led
$2250
5 Sessions

Course Location and Date

07 - 11 Mar 2021
Dubai | Instructor-led
$3100
5 Sessions

Course Location and Date

25 - 29 Jul 2021
London | Instructor-led
$4950
5 Sessions

Course Location and Date

14 - 18 Nov 2021
Riyadh | Instructor-led
$2250
5 Sessions

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