Strategic Compensation Management
May 12, Tuesday
May 17, Sunday
Meet your Program Faculty
MOHD. RAFIQUL ISLAM
Senior Program Faculty
Mohd. Rafiqul Islam is a distinguished Senior HR leader and Enterprise Transformation Consultant with over 27 years of experience in bridging the gap between people strategy and business outcomes. He is widely recognized for his expertise in Organizational Development (OD), KPI-driven Performance Management (Hoshin Kanri), and Compensation Architecture. Having worked across diverse sectors—including Pharmaceuticals, FMCG, Automobile Manufacturing, and Steel—hefocuses on integrating AI-enabled HR solutions to optimize workforce productivity and realize sustainable competitive advantage.
Education & Credentials
- MPHRM – University of Dhaka
- MBA (major in HR) – University of Science & Technology Chittagong (USTC)
- MSS Economics – University of Rajshahi
- Execution & Leadership – Harvard Business School
- Productivity & Innovation Management – Nanyang Polytechnic, Singapore
- Certified OD Professional (CODP) – CAP, UK
Areas of Expertise
- Strategic HR & Organizational Capability
- KPI-Driven Performance (Hoshin Kanri)
- Compensation Design & Reward Architecture
- AI-Enabled HR & Digital Transformation
Program Value Proposition
In competitive markets, pay systems shape behavior, performance, and retention. This program enables HR leaders to design compensation systems aligned with strategy—driving productivity, innovation, compliance, and long-term business sustainability.
Program Architecture
This practitioner-focused program equips HR professionals and business leaders with the capability to design and implement strategic compensation systems aligned with organizational goals, market realities, and talent strategy.
Participants will learn how compensation influences behavior, performance, cost discipline, innovation, and retention—using practical tools, real cases, and hands-on design exercises applicable to Bangladeshi organizations.
Compensation Fundamentals & Competitive Context
- Understand compensation beyond payroll
- Differentiate conventional vs strategic compensation
- Link pay to competitive advantage
- Group discussion: Compensation as cost vs investment
- Mapping compensation risks in participants’ organizations
Strategic Compensation Principles & Pay Philosophy
- Balance internal equity and external competitiveness
- Understand fixed vs variable pay logic
- Define compensation philosophy (Lag, Match, Lead)
- Philosophy design exercise aligned with business strategy
- Role-based pay positioning workshop
Job Analysis, Evaluation & Market Benchmarking
- Conduct job analysis and evaluation
- Use salary surveys effectively
- Apply Compa-ratio and percentiles for decisions
- Benchmarking exercise with market data
- Compa-ratio and percentile calculation workshop
Designing Pay Structures & Grade Architecture
- Build job architecture and career levels
- Design grades, spreads, and midpoint progressions
- Ensure fairness and scalability
- Pay structure design lab (grades & ranges)
- Group exercise: Structuring the roles
Pay Mix, Incentives & Benefits Design
- Determine fixed vs variable pay scientifically
- Design STI, LTI, and benefits aligned to roles
- Align incentives with KPIs and risk appetite
- Pay mix scoring workshop (Fixed: Variable)
- Incentive and benefits design exercise
Aligning Compensation with Business Strategy
- Translate strategic goals into compensation logic
- Identify critical roles and success drivers
- Evaluate affordability and ROI
- Strategy-to-compensation alignment case
- Incentive ROI simulation
Governance, Communication & Sustainability
- Ensure legal compliance (Bangladesh Labor Law)
- Communicate total rewards effectively
- Review and sustain compensation systems
- Total Rewards Statement design
- Governance and review checklist exercise
Program Outcomes
Participants will be able to:
• Design compensation systems aligned with business strategy
• Build market-competitive and internally fair pay structures
• Apply Compa-ratio, percentiles, and pay mix scientifically
• Design incentives that drive performance and innovation
• Communicate total rewards with clarity and credibility
Program Modality
Faculty-led executive sessions
• Real-life case studies
• Hands-on calculations and design labs
• Tools, templates, and worksheets
• Interactive discussions and workshops
Who Should Attend
HR Managers and HR Business Partners
• Compensation & Benefits Professionals
• Finance and Business Leaders involved in pay decisions
• OD and Talent Management Practitioners
Conclusion: from Pay Administration to Strategic Impact
Payroll pays people.
Strategic Compensation drives performance, behavior, and results.
This program enables HR to move beyond salary management and become a strategic architect of business success through scientifically designed, fair, and performance-driven compensation systems.
Certification Awarded
Certification Requirements
To earn the Certificate of Completion, participants must actively participate in all seven sessions and complete the associated exercises and workshops, demonstrating practical capability in strategic compensation design.