Brief Description:	As companies’ drive to become more competitive comes the realization that the composition must evolve to support the requirements of the business. Research has shown that the more effective companies have a closer link between compensation and business performance and utilize their variable pay plans as drivers of change. This course presents the objectives, principles, and practices that provide the foundation on which variable plans are designed, implemented and managed. The course would be most useful to those responsible for setting compensation policy and for managing the implementation of such policy. Topic Outline The Concept of Variable Pay Types of Variable Pay Plans Implementing Variable Pay Plans Developing a Communication Plan Practical case studies and examples drawn from Watson Wyatt’s experience in Asia will be used to reinforce the concepts covered during the session.
Course Details:	Date: June 6, 2008 Venue: Mandarin Oriental Hotel, Makati City Fees: Php15,000.00 (please add 12% VAT) per participant.
Seminar Speaker:	Stella J. Garcia, CCP Director & Office Practice Leader, Human Capital Group
Contact :	Kathleen Charlotte Punongbayan 21/F, Tower One, The Enterprise Center 6766 Ayala Avenue, Makati City 1200, Philippines Tel No. (63) 2 841 5143 Fax No. (63) 2 841 5200