Course details
Course Objectives
This course addresses the skills and knowledge required to implement wage restructuring especially in an economic downturn situation to save jobs by adjusting the wage component as an option to remain competitive and part of cost management that HR professionals need to acquire.
Course Outline
Execute wage restructuring strategies
- Recommend wage restructuring strategies
- Recommend criteria/guidelines that trigger interventions
- Obtain buy-in from stakeholders on wage restructuring strategies
Implement wage restructuring strategies
- Integrate wage restructuring into human resource systems Implement Interventions
- Monitor criteria/guidelines that trigger interventions
- Consult stakeholders on implementation of interventions
- Execute interventions in a timely manner
- Evaluate the impact of interventions in a timely manner
Course Location
About Singapore National Employers Federation
Our Vision
Responsible Employers, Sustainable Business
Our Mission
To advance tripartism and enhance labour market flexibility to enable employers to implement responsible employment practices
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