BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:1948@x8ti.com DTSTART;TZID=Europe/Paris:20250217T090000 DTEND;TZID=Europe/Paris:20250221T130000 DTSTAMP:20250209T081741Z URL:https://x8ti.com/event/competency-based-interviewing-skills-training-c ourse/ SUMMARY:Competency Based Interviewing Skills Training Course DESCRIPTION:Introduction\n\nA pat on the back\, word of appreciation is alw ays good\, however\, the motivation for a person to get up and come to the business every day is the Monetary compensation. The assurance that the h ard work is been paid for is particularly important. And it is the respons ibility of the compensation and benefits management to ensure every employ ee is being rightly compensated.\n\nCompensation management plays a vital role in any organization. The team must ensure the salaries and the benefi ts provided to the employees are appropriate\, competitive and just. The m onetary and non-monetary perks incorporated in the package must resonate w ith employees’ perception of fair pay.\n\nThis Xcelerate training course will empower you to understand the components of compensation and benefit s management and how to design an attractive package and retain the best t alent in the market.\n\nLearning Objectives\n\n Define what is Compensati on and benefits?\n Explain the importance of Compensation and benefits to attract and retain the right talent\n Understand the components of Compe nsation and benefits management\n Strike the right balance between fixed and variable pay for each role/ job\n Compensate fairly for the level of experience\, technical expertise\, competencies that individuals bring to the table\n Develop skills to effectively design employee package to achi eve win-win for both employer and the employees\n Successfully manage to retain the best talent in the competitive market\n Reward desired behavio r for present and future occurrence\n Assess and restrain any discriminat ion basis gender\, diversity\, region\, and religion\n Effectively plan a nd flex benefits like dearness allowance\, etc.\, considering the location and other factors\n Devise packages in complying with legal regulations\ n Keep surplus/ anticipate the exigencies that might occur or any conting encies\n\nTraining Methodology \n\nXcelerate training institute has design ed this program on Compensation and benefits Management Training Course fo r resources in Payroll and compensation departments in the organization.\n \nThis workshop is interactive and participate as participants from all cu ltures participate in this training program and share their own office exp eriences and challenges.\n\nCustomized modules can be arranged for organiz ation specific learning requirements. This program involves group discussi ons\, case studies\, and role-plays.\n\nBenefits for Your Organization\n\n Effective compensation and benefits management would set a benchmark in the industry\n The organization would have increased productivity with ha ppy employees\n Reduced employee turnover\, leading to reduced costs\n T he organization would have a highly qualified and experienced candidate\, best from the industry\n Just and fair compensation stimulates organizati onal productivity and growth\n Have clarity of strategizing and planning rewards and recognition that attract the right talent\n Would effectively manage the finances\n Learn to strategize how to pay and motivate the em ployees for a competitive advantage\n Would be able to encourage employee participation to achieve organizational goals\, instilling pro-activeness through fair pay\n Would be able to study and execute packages aligned w ith regulating bodies/ authorities\n Breed employee loyalty and commitmen t with compensation plans that earn unwavering faith insecurity of future\ n\nBenefits for You\n\n Learn the basics and key concepts of compensatio n\n Learn components of compensation and benefits that best in class orga nizations provide for employee loyalty\n Illustrate ways to strengthen th e pay-for-performance plan\n Learn and incorporate the regulatory benefit s for employees\n Learn to strategize compensation that benefits both emp loyer and employee\n Effectively make contingency plans\, leaving no room for havoc and panic\n Learn to effectively design all types of compensat ion plans (Performance-based\, experience-based\, sales – Flexi and vari able\, etc.)\n Learn the quantitative tools to design an apt compensation plan\n Analyze\, determine the pay structure that exceeds employee expec tation of remuneration\n Learn to plan\, analyze\, integrate identify and evaluate the job and the process of compensation benchmarking by research ing the best organizations and industries\n Would learn the components of employee rewards and non -monetary yet significant elements of compensati on in an organization\n\nTarget Audience\n\nPayroll Specialists\, Payroll Leaders and Managers\, recruitment and HR personnel\, Independent HR exper ts\, Independent Recruiters and consultants\n\nCourse Outline\n\nIntroduct ion to Compensation and Benefits Management\n\n What is Compensation and benefits management?\n Benefits of Compensation and benefits\n Basic pri nciples of Compensation and benefits management\n Difference between comp ensation and benefits\n Designing the compensation and benefits plan\n\nC omponents of Compensation\n\n Basic salary\n Allowances (dearness allowa nce\, house rent\, transport\, etc.)\n Incentives and bonuses\n Benefits /Perquisites\n Customizable\, ready to use templates\n\nComponents of Ben efits\n\n Retirement contribution plans\n Outings and vacations\n Shari ng profits – shares\, RSUs etc.- depends on the company\n Relocating bo nuses\n Special day offs\n Healthcare benefits\n Travel and meal reimbu rsement\n Maternity and sick leave\n Other facilities\n\nCalculating Com pensation\n\n Evaluating the current market\n Assessing the possibility of growth\n Setting a compensation benchmark\n Revisiting and revising p ackages to match the market standards – to become and remain the employe r of choice\n Basic considerations\n Compensation Ratio\n\nEvaluating Co mpensation\n\n Performance-based\n Skills and experience of the candidat e\n Competency-based compensation\n Last or current salary\n Job descri ption\, tenure\, qualification\n Paying full-time Vs. contract employees\ n\nCommutable Tools of Compensation \n\n Payroll management system\n Det ermining incentives and benefits\n Budget management\n Hikes and promoti ons\n Direct Compensation (Salary and rewards)\n Indirect compensation ( Recognition\, Career development)\n\nMarket Bench marking\n\n Identifying the pay policies\n Assessing the market quantitative and qualitatively\n Comparing Jobs in the market\n Assess the pay practices of competitors\ n\nLegal Regulations\n\n Income tax\n Various tax implication\n Prevail ing wage law\n Service contract\n\nFAQ’s\n\n Group discussion\, learn what the best in class organizations do differently\, ask questions to ind ustry experts with decades of experience\n\n \; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2025/02/Comp etency-Based-Interviewing-Skills.jpg CATEGORIES:Human Resources Management (HRM) LOCATION:Paris Training Courses\, Maison Colbert Meliá Collection\, Paris\ , France\, France X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Maison Colbert Meliá Colle ction\, Paris\, France\, France;X-APPLE-RADIUS=100;X-TITLE=Paris Training Courses:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Europe/Paris X-LIC-LOCATION:Europe/Paris BEGIN:STANDARD DTSTART:20241027T020000 TZOFFSETFROM:+0200 TZOFFSETTO:+0100 TZNAME:CET END:STANDARD END:VTIMEZONE END:VCALENDAR