This program of Effective Compensation and Benefits Administration is a learning session for payroll processors and HR personnel in the Philippines. This learning session will include learning about the basics of the Philippine Labor Law on Workers’ Compensation and Benefit Administration. It aims to empower payroll processors and HR in effectively managing compensation administration by helping them learn about the basic and necessary procedures in compensation and benefits. This program will also include some practical guidelines and current industry best practices in compensation and benefits administration.
The opening section will aim to establish an understanding of critical compensation and benefit administration is to both the worker and the company.
I – Knowing the Compensation Basics governed by Philippine Labor Law
A. Working Conditions as set in the Philippine Labor Law
B. The concepts of Time (in consideration of work)
II – Compensation (Payroll) Processes & its components
A. Gross pay as payroll component (Earnings)
B. Government Mandatory Benefits
C. Allowable deductions and recurring items
D. Compensation taxes in the Philippines
III – Compensation Documentation, Recording and Safekeeping
A. How to properly document compensation records
B. What are the necessary recording for administered compensation
D. How to safe keep compensation records properly
IV – Industry Best Practices in effective compensation and benefit administration
COMPETAD stands for Competitive Advantage. In the ever pressing demands of competition in the business community, what can truly set apart a company is its ability to gain a competitive advantage. This is something that can only be attained through the enhancement of the human resource. As COMPETAD specializes in providing you quality training, we hope to provide a competitive advantage to our aspiration partners*.
Formally launching on August 10, 2015, COMPETAD takes the next step to success by establishing itself as a business and building an online presence. Uniting a force of highly trained professionals, consultants, and specialists into one organization, here are our vision and mission for the business:
- To be the nation’s leader in providing high quality training that will ensure a greater productivity to the widest possible range of companies from various industries.
- To provide high quality and competitive training solutions to our aspiration partners* while putting together the best professionals in their respective industries into one organization in delivering effective and result-driving competency programs. ...