Your Solutions for Performance Excellence

Workshop on Strategic Compensation System Design

 
To remain competitive in nowadays business environment requires not only good planning, execution and control but also committed people working in alignment with company’s goals.  A meaningful system that helps manage performance and motivate staff to go “extra mile” is essential for organization success.  This workshop will equip participants with knowledge and field-proven techniques through a step-by-step approach for designing a compensation system that helps align staff performance with the corporate business strategies and also advocate the “pay-for-extra” culture.


Workshop Outline

• Definition of Compensation
• Different Compensation Package in the Market
• How Economic Trend Influences Compensation Strategy & Practices
• Aligning Compensation Strategy with Business Directives & Corporate Values
• Influencing Forces to Compensation Strategy
• Developing Your Compensation Strategy
• Introduction to Strategic Compensation Management
• Writing Effective Job Descriptions for Various Positions
• Conducting Job Evaluation Step-by-step
• Developing Grade & Salary Structure
• Analyzing Market Pay Trend Data
• Designing Long-term & Short-term Incentive Schemes
• Linking the Incentive Scheme with Performance Measurement Results
 

Lecturer: Mr. Wilson Chu, Principal Consultant

Mr. Wilson Chu, Principal Consultant of HMI Consulting Limited, the Consulting Associate of the University of Hong Kong and the Hong Kong Baptist University, and also the Visiting Lecturer of SPEED of Polytechnic University on Bachelor of Arts (Honors) in Human Resource Management. He was the Survey Manager (in Compensation & Benefits) of Watson Wyatt Hong Kong Limited and a senior consultant of Hong Kong Productivity Council. Mr. Chu has extensive consulting and training experience.

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Workshop Details

Date: 11 August 2011

Time: 9:30am to 5:00pm

Venue:
4/F Opulent Building
402-6 Hennessy Road, Wanchai, Hong Kong

Fee: HK$1,100

Language: Cantonese with English materials

Lecturer: Mr. Wilson Chu, 
                  HMI Consulting Limited


Other HMI Events:
www.hmi.hk/events.php


About HMI Consulting Ltd.

HMI Consulting is a leading HR consulting firm specializing in Perfor-mance Management, Compensation & Benefits Design, Talent Development & Business Process Improvement. With the primary focus in Hong Kong, PRC and Taiwan, our experienced consult-ants have worked across a wide range of industries covering Manu-facturing & Industrial, Trading, Trans-portation & Logistics, Financial & In-surance.


About HMI Consulting Limited


HMI Consulting is a leading HR consulting firm specializing in Performance Management, Compensation & Benefits Design, Talent Development & Business Process Improvement. With the primary focus in Hong Kong, PRC and Taiwan, our experienced consultants have worked across a wide range of industries covering Manufacturing & Industrial, Trading, Transportation & Logistics, Financial & Insurance.

HMI Consulting Limited
20/F, Central Tower
28 Queen’s Road, Central, Hong Kong
Tel: (852) 3627 3673
http://www.hmi.hk/