Key Aspects of Remuneration Strategies & Salary Structuring Self-Study Course

Remuneration is one of the most powerful levers available to organizations in shaping the behaviour, motivation, and retention of their workforce. Employees work to earn a livelihood, but the value of remuneration goes far beyond the simple exchange of money for time. For employees, their pay packages are a vehicle for achieving personal financial goals: paying bills, reducing debt, securing housing, funding education, and preparing for retirement. This course explores how organizations can match employee needs with financial goals through structured remuneration strategies.

TOPICS DISCUSSED

Module 1 – Matching Employee needs with Financial Goals

Module 2 – Alignment with Business Objectives

Module 3 – Internal Equity and External Competitiveness

Module 4 – Job Grading and Market Statistics

Module 5 – The Paterson Job Grading System

Module 6 – The Hay Job Evaluation Method

Module 7 – Comparing The Paterson and Hay Job Evaluation Systems

Module 8 – Performance and Skills-Based Progression

Module 9 – Total Rewards

Module 10 – Transparency and Communication