Compensation Essentials: Aligning Pay with Business Goals
Compensation is rapidly emerging as one of the most significant issues that organisations in Trinidad and Tobago must address. Given that pay and benefits account for a significant portion of corporate budgets, how executives choose to compensate their employees is now more than just an HR function; it's a strategic choice that has the power to make or break competitiveness. The proper pay strategy promotes the behaviours required for development, enhances culture, and aids in attracting and retaining talent.
The goal of this programme is to provide managers, supervisors, HR professionals, and corporate executives with the tool to get compensation right. Participants will discover how to create efficient processes, strike a balance between financial realities and employee expectations, and position compensation as a lever for resilience and profitability.
Topics To Be Covered
TOPICS TO BE COVERED
Establishing a baseline for understanding compensation in the context of Human Resources functionality
- Foundation of Compensation
- Compensation structures found in Trinidad and Tobago, the benefits and drawbacks
- Basic objectives of compensation and benefits
- External influences (the law, market trends, economic conditions)
- The compensation philosophy as a baseline
- Aligning compensation with the mission, vision and strategy
- Effective compensation management system
- Activity: Leveraging Technology and AI for data analytics (Power BI, PayScale, Workday etc.)
Understanding the competitive landscape for compensation, and designing effective base pay programmes
- Job analysis and job documentation
- How to design and conduct an external market study
- Salary design and structure
- Base pay policies, procedures and implementation
- Optimizing pay-for-performance tools
- Develop a compensation system and analyse data
- Activity: Develop a compensation system for a sample organisation and analyse compensation data
Dates & Time
Dates: Mon. 19th, Wed. 21st, & Fri. 23rd January 2026
Time: 8:30 a.m. - 12:00 noon daily
Cost
Cost (per person):
$3,500.00 plus vat (ECA Members)
$4,900.00 plus vat (Non-Members)
Who Should Attend?
This session is ideal for persons directly involved in the development, management or administration of compensation systems, and persons preparing for or engaged in collective bargaining negotiations.
Business Owners, CEO's, HR and IR Professionals, Finance Professionals, Administrators, Other Interested Professionals
Facilitator
La Toya Griffith
Strategic Human Resource Consultant
La Toya Griffith is a Certified HR Professional with 15 + years of meaningful experience integrating HR initiatives with strategic business goals to ensure superior organisational performance. In addition to her technical competencies in the coordination and management of Strategic Planning sessions, Human Resource Audits, Compensation Surveys, Satisfaction/Engagement Surveys and Training Needs Analysis, La Toya has designed, developed, implemented and evaluated systems relating to Performance Management, Job Analysis, Business Process Re-engineering and Policy Development. Whenever she can be of service La Toya continues to share her knowledge, skills and abilities.
NEED MORE INFORMATION?
For further details please contact:
Training Department | 1 (868) 675-5873/638-6463
Ms Laura Rosales | ext. 246 |
Ms Shantala Reece-Whiteman | ext. 248 |
Email:
Event Information
| Event Date | 19/01/2026 8:30 am |
| Event End Date | 23/01/2026 12:00 pm |
| Individual Price | Members: $3,500.00, Non-Members: $4,900.00 (plus vat per person) |
| Location | Online - ZOOM Meeting |