HRDC Training
HRDC Training
Development
• What business are we in?
• On what basis will we compete?
• What traits and skills do our employees need for us to achieve our
strategic goals?
• Need Analysis
• Instructional Design
• Implement Program
• Evaluation
Task Analysis Record
Competency Model for human resource
manager
A bird’s eye
view of the
job’s required
competencies
Assessing current employees’ training needs
• Base pay Base pay, or basic pay, is the minimum amount that an employee
receives for working for an organization.
• Performance-related pay Performance-related pay is a generic term for
reward systems where payments are made based on the performance,
either of the individual (individual performance-related pay) or a team of
employees (group performance-related schemes
• Piecework schemes
• Under Piecework schemes, a price is paid for each unit of output. Piecework
schemes are the oldest form of performance pay, and were used for example
in the textile industries in Great Britain during the industrial revolution.
• Individual performance-related pay schemes
• Individual performance-related pay schemes are where the employee receives
either a bonus, or an increase in base pay on meeting previously agreed
objectives or based on assessment by their manager, or both. They are typically
used for middle managers in private sector organizations and for professional
staff.
• Group-related performance-related pay schemes
• Group-related performance-related schemes are similar to individual, in that
rewards are paid based on the achievement of targets. However the targets are
set for a group of employees, such as a particular department, or branch of a
company, rather than for an individual.
• Knowledge contingent pay
• Knowledge contingent pay is where an employee will receive a pay
rise or a bonus, or both, for work-related learning.
• Commissions
• Commissions are a form of remuneration normally used for sales
staff. The staff may receive a low basic pay, but will then receive
commission, based on a percentage of the amount of their sales.
• The advantages of commission are that they should motivate sales
staff to achieve higher sales, as their rewards depend on it,
• Profit-related pay
• Profit-related pay is a type of group performance-related pay scheme where a
part of the employee’s remuneration is linked to the profits of the organization.
If the company’s profits hit a pre-determined threshold, a bonus will be paid to
all members of the scheme. Typically the bonus will be a percentage of the
basic pay.
• Stock option plans
• Stock option plans have become very popular since the 1990s, when greater
emphasis started to be given to shareholder value. Under stock option plans,
staff receive the right to buy shares in their company at a certain date in the
future, at a price agreed today.
• Pension schemes
• Defined benefit pension schemes used to be a popular form of reward.
Under such schemes, the employee pays a pension to former employees
based on their final salary, and the number of years that the employee
worked for the organization.
• Benefits in kind
• Benefits in kind (or indirect pay) are paid to employees in addition to their
base salary and performance-related pay. Benefits in kind include items
such as health insurance and meal vouchers. They are usually provided to
more junior staff in order to provide additional incentives at a lower cost.