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Integrating Performance Appraisal Results and Salary Structure
Integrating Performance Appraisal Results and Salary Structure

Integrating Performance Appraisal Results and Salary Structure

Categories: , , , Tag:
5/5

1,699.00 + VAT

In today’s competitive job market, it’s essential
to have a robust performance appraisal system
and salary structure in place to attract, retain,
and motivate top talent.

A well-designed performance appraisal system
helps employees understand their strengths and weaknesses,
sets clear goals and expectations, and provides
a framework for continuous improvement.

A salary structure that is fair, transparent,
and competitive helps to ensure that
employees are paid fairly for their
contributions to the organization.

 

Integrating Performance Appraisal Results
and Salary Structure

July 24, 2024
2:00pm – 5:00pm

 

ONLINE MASTERCLASS VIA

Zoom Logo

 

Understanding Financial Statements

Are you tired of arbitrary salary decisions and performance evaluations that leave employees feeling uncertain and unmotivated? Do you struggle to maintain a competitive edge in the market while ensuring fairness and equity within your organization? This comprehensive masterclass is designed to help you bridge the gap between performance appraisal and salary structure, providing a clear and effective framework for evaluating employee performance and setting salaries that reflect their value to the organization.

 

  • To educate HR practitioners in the aspects of performance management and salary structuring.
  • To reinforce their knowledge, skills, and other competencies in these two major HR functions.
  • To introduce key interventions in order to address erroneous practices in the areas of performance evaluation and salary structuring.

 

Major Takeaways

  • How to design and implement an effective performance evaluation system that promotes fairness, transparency, and employee growth.
  • The importance of salary structuring and how to create a competitive compensation package that attracts and retains top talent.
  • How to address common challenges in performance appraisal, such as dealing with underperforming employees and ensuring internal equity.
  • Strategies for maintaining market competitiveness while ensuring fairness in salary decisions.

 

Course Outline

Module 1: Performance Evaluation Fundamentals

  • What is performance evaluation?
  • Correct ways of implementing performance evaluation for probationary, regular, underperforming, and misaligned employees
  • Standard requirements of the job
  • Key performance indicators (KPIs)
  • Just causes
  • Timeline
  • Frequency of evaluation

Module 2: Designing an Effective Salary Structure

  • Two purposes of an effective salary structuring: internal equity and external competitiveness
  • Minimum-midpoint-maximum salary ranges
  • Salary spreads and overlaps
  • Red-circled and green-circled employees
  • Market positioning (25%, 50%, 75%, 90%)

Module 3: Performance Management System Cycle

  • Creating a performance management system cycle
  • Using the bell curve for salary decisions
  • Aligning salaries with company values and goals
  • Identifying and addressing gaps in performance management systems

Module 4: Implementing Salary Structure and Addressing Challenges

  • Compa ratio calculation
  • Addressing minimum wage distortion
  • Strategies for dealing with underperforming employees
  • Ensuring internal equity in salary decisions

Module 5: Advanced Salary Structuring Strategies

  • Salary compression and overlap management
  • Salary adjustments for promotions, transfers, and merit increases
  • Managing salary ranges for different job families and departments
  • Creating a salary structure that reflects company culture and values

Module 6: Integrating Performance Appraisal and Salary Structure

  • How to link performance appraisal results with salary structure
  • Using data analysis to inform salary decisions
  • Creating a comprehensive compensation package that includes benefits, bonuses, and other incentives
  • Best practices for communicating salary decisions to employees

By the end of this masterclass, you’ll have a comprehensive understanding of how to integrate performance appraisal results with salary structure, creating a fair, competitive, and effective compensation package that drives business success.

 

Featured Speaker - Understanding Financial Statements

Mr. Ernie Espinosa
Past PMAP President and People Manager of the Year

Click here for his profile.

 

Training Investment - Understanding Financial Statements

ONLINE MASTERCLASS


EARLY ACCESS PROMO
Jumpstart SpecialPhp. 1,199 + VAT per pax
(paid on or before July 9)

Early Bird RatePhp. 1,399 + VAT per pax
(paid on or before July 17)

GROUP PROMO
Group RatePhp. 1,299 + VAT per pax
(for 5 – 14 pax)

Super Group RatePhp. 1,099 + VAT per pax
(for 15 or more pax)

SPECIAL PROMO
Birthday Promo – Free Seat if you register within birthday month
with at least 2 paid pax @ Php. 1,699 + VAT per pax
(Must present proof of date of birth)

Join Now Pay Later PromoPhp1,899 + VAT per pax
(Pay after 30 days from the date of the masterclass)

Student RatePhp. 850 + VAT per pax
(Must present a valid High School or College student ID)

REGULAR RATE
Php. 1,699 + VAT per pax
(starting July 18)

 

Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.

 

In-House Training

Looking for customized in-house training in HR, Labor Law, Taxation, Accounting, Supply Chain Management, Soft Skills, or similar areas?

Click here for more information.

 

 

 

IMPORTANT REMINDERS

REGISTRATION.
You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

 

CHECK OUT.
When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

 

BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS.
On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

 

PAYMENT
POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal 

 

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

 

IMPORTANT:
Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

 

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

 

Masterclass access links.
Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead. 

 

Terms and Conditions.
By registering you agree to our Terms and Conditions and acknowledge our Privacy Policy.

 

Thank you and enjoy!

Keep safe and God Bless!

1,699.00 + VAT

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Integrating Performance Appraisal Results and Salary Structure

Integrating Performance Appraisal Results and Salary Structure

Categories: , , , Tag:
5/5

1,699.00 + VAT