Download as PDF, PPTX
Uploaded bySlideTeam
Compensation And Benefits In Hrm PowerPoint Presentation Slides
The document outlines various aspects of employee compensation and benefits within Human Resource Management, including compensation structures, types of compensation plans, and employee benefits criteria. It details components of compensation such as base pay, bonuses, and non-financial rewards, as well as provides sample compensation reports and templates. Additionally, it discusses the importance of competitive pay philosophies and performance management systems for employee retention and satisfaction.
More Related Content
Similar to Compensation And Benefits In Hrm PowerPoint Presentation Slides
Compensation And Benefits In Hrm PowerPoint Presentation Slides
- 1. Compensation and Benefits in HRM YourCompany Name
- 2. Content Employee Compensation Sheet Employee Compensation ReportSample Employee Compensation Structure Compensation Plan Framework Employee Compensation Package Employee Compensation System Employee Compensation Plan Types Employee Compensation Breakup Employee Compensation Components Basic Employee Compensation Layout Employee Benefits Concept Employee Benefits Segments Employee Benefits Components Table Employee Benefits Criteria List of Employee Benefits Employee Benefits Survey Template Employee Benefits Template 2/2 Employee Benefits Template 1/2 2
- 3. Content Employee Compensation Sheet Employee Compensation ReportSample Employee Compensation Structure Compensation Plan Framework Employee Compensation Package Employee Compensation System Employee Compensation Plan Types Employee Compensation Breakup Employee Compensation Components Basic Employee Compensation Layout Employee Benefits Concept Employee Benefits Segments Employee Benefits Components Table Employee Benefits Criteria List of Employee Benefits Employee Benefits Survey Template Employee Benefits Template 2/2 Employee Benefits Template 1/2 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 08 3
- 4. Basic Employee CompensationLayout Direct Pay Incentives Base Pay Merit Pay Indirect Benefits Services COMPENSATION 4
- 5. Employee Compensation Components EMPLOYEE COMPENSATION Non-FinancialFinancial Job and Career- related Benefits Pay, Salary, Wages Incentives Social Security 5
- 6. Employee Compensation Breakup •Base Pay • Wages • Salaries • Bonuses • Incentives • Variables Pay • Health / Medical Insurance • Life/ disability Insurance • Paid time off • Retirement • Educational assistance • Work-life Support • Human resource development • Career & succession Planning • Performance appraisals • Goal Setting • Training EMPLOYEE COMPENSATION BREAKUP Compensation Benefits Performance & Talent Management 6
- 7. Employee Compensation System MeritPay Incentive Pay • Bonus • Commission • Piece Rate • Profit Sharing • Stock Option • Shift Differential Deferred Pay • Savings Plan • Stock Purchase • Annuity Indirect Compensation Direct Compensation COMPENSATION SYSTEM Salary Wage Base PayProtection Program • Medical Insurance • Life Insurance • Disability Income • Pension • Social Security Pay for Time Not Worked • Vacations • Holidays • Sick Leave • Jury Duty Services and Perquisites • Recreational Facilities • Car • Financial Planning • Low-cost or Free Meals 7
- 8. Employee Compensation PlanTypes Commission only sales compensation plans are exactly what they sound like – you pay your sales people for the sales they bring in & nothing else, there is no guarantee of income. Commission Only Straight Salary With this type of structure, you’d pay your sales people a straight competitive salary like all of your other employees & nothing else. Salary Plus Commission Most commonly plan used. They’re structure in a way that sales people receive a lower base salary along with commission pay that makes up the majority of the total compensation. Territory Volume Territory volume sales compensation plans are most often used in team – based corporate cultures. They work through the calculation of territory volume at the end a compensation period. 8
- 9. Employee Compensation Package Buildup a Pay Philosophy Add Text Here Determine if Salaries are Competitive Add Text Here Set Different Salary Grades Add Text Here Creating Employee Bonus & Incentive Programs Add Text Here Pay Raises Add Text Here 9
- 10. Internal Assessment Job Analysis AddText Here Job Evaluation Add Text Here Pay Policy Add Text Here External Assessment Base Pay Structure Add Text Here Market Analysis Add Text Here Management Communicate the Plan Add Text Here Pay for Performance Add Text Here Compensation Plan Framework 10
- 11. Compensation Plan Framework External Assessment Management Internal Assessment BasePay Structure Add Text Here Market Analysis Add Text Here Communicate the Plan Add Text Here Pay for Performance Add Text Here Add Text Here Job Analysis Add Text Here Job Evaluation Add Text Here Pay Policy Add Text Here 11
- 12. Employee Compensation Structure Name Designation SalaryBreak-up Cost to Company 9,98,000.00 Component Per Annum Per Month Taxable/ Non Taxable Basic 4, 40,000.00 36,500.00 Tax HRA 2,35,000.00 12,770.00 Tax Medical 14,000.00 1,350.00 Non Tax Special Allow 1,30,000.00 12,000.00 Tax Telephone Reim. 33,000.00 5,000.00 Conveyance Reim 74,000.00 6,280.00 Non Tax Ex-Gratia 20,000.00 - Paid Annually / Tax PF Employer 52,000.00 - Total 9,98,000.00 3,96,900.00 ESI Deduction PF Employee 52,000.00 4, 700.00 Labor Welfare Fund 60.00 5.00 Nat In-Hand Salary 3,92,200.00 Location Date of Joining 12
- 13. Employee Compensation Sheet EarningsDeductions Basic & DA 6,200.00 Provident Fund 458.00 HRA 3,100.00 E.S.I 220.00 Conveyance 400.00 Loan - Add Text Here Add Text Here - Add Text Here Add Text Here - Total Addition 9,700.00 Total Deduction 678.00 NET Salary 9,022.00 Employee Name: Designation: Month & Year: 13
- 14. Employee Compensation ReportSample August 21,2019 ADD TEXT HERE Wages and Other Paid Benefits You Pay COMPANY PAYS Overtime Wages Total Wages $15,964.76 $18,980.65 $34,945.41 HEALTH & WELFARE Dental Medical Vision $214.80 $1,678.70 $80.70 $4,698.80 Total Benefit Contributions $1,974.2 $4,698.80 TOTAL COMPENSATION $39,644.21 Taxes & Entitlements Federal Medicare Federal Social Security Federal Unemployment State Unemployment State Workers Comp Ins $466.31 $2,020.70 $52.00 $330.17 $1,777.12 Total Taxes $4.646.3 ADD NAME HERE Employee Number 102658 Manager Alison Flanigan Department Research and Design Job Title Senior Researcher Hire/Rehire Date 11/19/2012 Length of Service 0 years ,9 mos Benefits Contributions % OF BENEFITS TO COMPENSATON 12% 10 December 2019 TOTAL COMENSATION REPORT Compensation Breakdown Taxes Benefits Wages Company You 14
- 15. List of EmployeeBenefits Meal Breaks Employees Allowance Social Security Health Insurance Perks & Bonuses Paid Vacation Pay Raise Achievement Award 15
- 16.
- 17. Employee Benefits ComponentsTable Employer Government Minimum Wage SSS benefits Holiday Pay Pag-IBIG Benefits Premium Pay Philhealth Benefits Overtime Pay ECC Benefits Night Shift Pay Add Text Here Service Charges Add Text Here Service Incentive Leave Add Text Here Maternity/ Paternity /Solo Parental Leave Add Text Here VAWC Leave Add Text Here Special Leave for Women Add Text Here Add Text Here Add Text Here Add Text Here Add Text Here Add Text Here Add Text Here 17
- 18. Employee Benefits Concept Thisslide is 100% editable. Adapt it to your needs and capture your audience's attention. Pay Raise This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Meal Breaks This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Social Security This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Employees Allowance This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Park & Bonuses This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Achievement Award 18
- 19. Employee Benefits Segments Perks& Bonuses Paid Vacation Meal Breaks Employees Allowance Achievement Award Pay Raise Health Insurance Social Security 19
- 20. Employee Benefits Template1/2 Health Insurance Paid Vacation Perks & Bonuses Pay Raise Achievement Award Employees Allowance Social Security Meal Breaks 20
- 21. Employee Benefits Template22 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Union This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Pay Raise This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Employee Allowance This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Health Insurance This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Social security 21
- 22. Employee Benefits SurveyTemplate Statement Strongly Agree Agree Neutral Disagree Strongly Disagree Health Benefits I am satisfied with my health plan options. I am satisfied with my dental plan options. I am satisfied with my vision plan options. I am satisfied with my long-term disability insurance. I am satisfied with my short-term disability insurance. Add text here Financial Benefits I am satisfied with my retirement plan options. I am satisfied with my salary. Add text here Overall, I am satisfied with my financial benefits. Paid Time Off I am satisfied with the number of vacation, sick, and personal days that I receive. Additional Benefits I am satisfied with my continuing education and training opportunities. Add text here Overall, I am satisfied with my additional benefits. 22
- 23. Compensation and Benefitsin HRM Icons Slide Contd… 23
- 24. Compensation and Benefitsin HRM Icons Slide 24
- 25.
- 26. This slide is100% editable. Adapt it to your needs and capture your audience's attention. Vision This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Mission This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal Our Mission 26
- 27. Our Team This slideis 100% editable. Adapt it to your needs and capture your audience's attention. Designation Name Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Designation Name Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Designation Name Here 27
- 28. Financial MINIMUM This slide is100% editable. Adapt it to your needs and capture your audience's attention. MAXIMUM This slide is 100% editable. Adapt it to your needs and capture your audience's attention. MEDIUM This slide is 100% editable. Adapt it to your needs and capture your audience's attention. $45 $95$65 28
- 29. About Us This slideis 100% editable. Adapt it to your needs and capture your audience's attention. Target Audience This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Premium Services This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Values Client 29
- 30. Our Goal This slideis 100% editable. Adapt it to your needs and capture your audience's attention. Goal 01 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal 03 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Goal 02 30
- 31. Quotes …Jack Ma Never GiveUp. Today Is Hard, Tomorrow Is Worse, But The Day After Tomorrow Will Be Sunshine 31
- 32. Idea or Bulb GenerateIdea This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 32
- 33. Timeline This slide is100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 2012 2014 2016 2018 2013 2015 2017 2019 33
- 34. Mind Map This slideis 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 34
- 35. Thank You Address # street number,city, state Contact Number 0123456789 Email Address emailaddress123@gmail.com 35