TRAINING
Building Agility for the 21st Century Enterprise
DESIGNING COMPETITIVE COMPENSATION AND BENEFITS PACKAGES
📅 January 24, 2025
🕘 9am – 4pm PHT
🌐 Zoom
🔗 Fee: ₱7,600 – ₱2,950
OVERVIEW:
What can be done to encourage people to join your organization, retain and motivate their performance?
How can you encourage them to stay?
To be a cut above the rest, fair, equitable and competitive compensation and benefits are key strategies. The pay package that pays should enable and empower a working culture they value.
Various compensation surveys reveal that after the COVID19 recovery, many employees, especially talents tend to look for better opportunities due to unsatisfactory pay packages.
If employees don’t feel fairly compensated or their needs are met, they’re more likely to seek opportunities elsewhere.
Employers must calibrate pay packages and expand compensation and benefits to attract individuals with the best available skills as current salary adjustments may no longer attract, motivate and retain
This webinar aims to equip HR professionals and business leaders with the knowledge and tools necessary to create competitive compensation and benefits aligned with organizational goals and employee expectations, and compliant with labor laws and regulations.
Participants who submit and pass the required hands on exercises shall be awarded a certificate.
KEY TOPICS:
- ✅ Strategic compensation to attract and retain top talent.
- ✅ Compliance with Philippine laws and regulations on compensation and benefits.
- ✅ Compensation diagnostics.
- ✅ Refining your salary structure.
- ✅ Job evaluation workshop.
- ✅ Job and pay scale design workshop.
- ✅ Fighting attrition with competitive compensation and benefits packages.
- ✅ Health benefits on demand and Health Maintenance Organizations (HMOs) — analysis and workshop
KEY takeaways:
Participants will strengthen competencies on:
- The critical components of an effective and competitive compensation and benefits packages.
- How to assess the needs of employees across different demographics, including health benefits, retirement plans, and work-life balance initiatives.
- The latest trends in employee benefits, such as flexible work arrangements, mental health support, and wellness program.
- The importance of ensuring that benefits packages comply with regulations while also managing costs effectively. This includes strategies for leveraging technology in benefits administration.
- How to communicate the value of benefits packages to employees, enhancing their understanding and appreciation.
- The methods for evaluating the effectiveness of compensation and benefits packages on employee performance and retention.
FEEDBACK:
Workshops part were good. -Ronald C.
Helpful online training for our team. The activities were good. -Elvira S.
The webinar was informative and recommended for HR and compensation and benefits practitioners -Anel G.
Learned a lot, very helpful webinar. -Michael L.
Hands-on and bright speaker. Thankful to have attended this webinar of Velocity One. -Lizeth A.
The discussions were relevant and the workshops were informative. -Sabina M.
LEARNING FACILITATOR:
Maragtas SV Amante, PhD.
Dr. Maragtas S.V. Amante is Professor at the University of the Philippines School of Labor & Industrial Relations (UP SOLAIR) in Diliman, Quezon City.
From 10 February 2011 to 09 February 2017, he was the Vice President for Administration of UP, with responsibilities over strategic HR management, performance management, compensation & benefits, labor relations, utilities management and procurement.
From 2008 to 2010, he was a professor at the College of Economics and Business, Hanyang University in Seoul/Ansan, South Korea. He was U.P. SOLAIR Dean from 1998 to 2001. He has more than 25 years experience in teaching, research and consultancy work in the areas of industrial relations, economics of human resources, and compensation.
Dr. Amante graduated with a Bachelor of Arts in Economics from the University of the Philippines’ School of Economics in 1983. After graduation from the U.P., he was recruited into the staff of the University of the Philippines’ School of Labor and Industrial Relations. He was granted an Asia Foundation fellowship to pursue a master’s degree in policy economics, which he finished in 1986, from the University of Illinois in Urbana Champaign in the United States.
His interest in Japanese human resource development led him to pursue doctoral studies in Japan, where he obtained his Ph.D. degree in 1993, from Keio University in Tokyo. In 2002-03, he was a research fellow at the Seafarers’ International Research Centre (SIRC) in Cardiff University, in Wales, UK. From 2002 to 2005, Dr Amante was a consultant and facilitator with the ASEAN Secretariat and the Japan Ministry of Health, Labor and Welfare. He was closely involved in a series of meetings and dialogues held in various ASEAN capitals, to develop a common regional framework of industrial relations in East Asia. He is a research correspond-ent with the Institute of Developing Economies (IDE), Tokyo and was a visiting scholar with Shanghai Open University in June 2018.
Current research interest: emerging patterns of work, performance and pay, and new forms of employment relations.
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