Designing and Developing Competency-Based Salary Structures

Objective:
This course aims to equip participants with the knowledge and skills necessary to design and develop competency-based salary structures. By the end of the course, participants will be able to:
• Understand the principles and concepts of competency-based salary structures.
• Identify the competencies relevant to their organization’s roles and functions.
• Develop a framework for evaluating and assessing competencies.
• Design salary structures aligned with organizational competencies and objectives.
• Implement and manage competency-based salary structures effectively.
Course Content:
Introduction to Competency-Based Salary Structures
• Understanding the fundamentals of salary structures
• Exploring the concept of competency-based pay
• Benefits and challenges of competency-based salary structures
Identifying Organizational Competencies
• Defining organizational competencies
• Conducting competency gap analysis
• Aligning competencies with organizational goals and objectives
Developing Competency Frameworks
• Designing competency models and frameworks
• Establishing competency definitions and proficiency levels
• Mapping competencies to job roles and levels
Evaluating and Assessing Competencies
• Selecting assessment methods and tools
• Conducting competency assessments and evaluations
• Analyzing assessment results and feedback
Designing Salary Structures
• Understanding salary components and pay bands
• Integrating competencies into salary structure design
• Establishing pay grades and ranges based on competency levels
: Implementing and Managing Competency-Based Salary Structures
• Communicating salary structure changes and updates
• Managing employee expectations and concerns
• Monitoring and evaluating the effectiveness of competency-based pay
Case Studies and Practical Exercises:
• Analyzing real-world examples of competency-based salary structures
• Developing competency frameworks for specific job roles and functions
• Designing salary structures based on competency assessments

FOR WHOM:
Human Resources Managers, Admin Managers, Senior Managers, Directors, Admin Officers and others who perform related functions.

Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.

DATE:
1ST BATCH: 2nd – 4th Apr,2025
2ND BATCH: 15th – 18th July,2025
3RD BATCH: 18th – 21th Nov,2025