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3. 3. Reward Management
QF Level ( 1234567 )
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3. 3. Reward Management
QF Level
Code
Name
QF Level:
Level 1
No Item
QF Level:
Level 2
No Item
QF Level:
Level 3
Code:
106982L3
Name:
Maintain an updated payroll and benefits system
QF Level:
Level 4
Code:
106972L4
Name:
Coordinate market benchmarking survey
QF Level:
Level 4
Code:
106974L4
Name:
Administer compensation scheme
QF Level:
Level 4
Code:
106979L4
Name:
Execute legal compliance and related tax treatment
QF Level:
Level 4
Code:
106986L4
Name:
Implement the communication plan on change of reward policies, procedures and practices
QF Level:
Level 4
Code:
106990L4
Name:
Liaise with experts to minimise risk exposure of the organisation and the assignee for international assignment
QF Level:
Level 4
Code:
106991L4
Name:
Provide assistance and support to assignee (and family) for international assignment
QF Level:
Level 5
Code:
106966L5
Name:
Develop and manage a compensation and benefits budget
QF Level:
Level 5
Code:
106968L5
Name:
Conduct job evaluation and analysis
QF Level:
Level 5
Code:
106971L5
Name:
Conduct periodic pay and grading review exercise
QF Level:
Level 5
Code:
106975L5
Name:
Assess potential compensation and benefits (C&B) vendor and manage vendor relationship
QF Level:
Level 5
Code:
106976L5
Name:
Articulate the adopted compensation scheme with stakeholders and manage their expectations
QF Level:
Level 5
Code:
106977L5
Name:
Develop and manage payroll process
QF Level:
Level 5
Code:
106980L5
Name:
Assess potential payroll vendors and manage vendor relationship
QF Level:
Level 5
Code:
106981L5
Name:
Articulate the adopted benefit scheme with stakeholders and manage their expectations
QF Level:
Level 5
Code:
106983L5
Name:
Facilitate and manage the pay review exercise
QF Level:
Level 5
Code:
106984L5
Name:
Validate effectiveness of the application and impact of pay-for-performance process and system
QF Level:
Level 5
Code:
106985L5
Name:
Develop a communication plan on change of reward policies, procedures and practices
QF Level:
Level 5
Code:
106987L5
Name:
Conduct benefit review exercise
QF Level:
Level 5
Code:
106988L5
Name:
Develop and manage international assignment programmes
QF Level:
Level 5
Code:
106989L5
Name:
Assess potential vendors for regional / international mobility and manage vendor relationship
QF Level:
Level 6
Code:
106965L6
Name:
Design reward policies, procedures and practices
QF Level:
Level 6
Code:
106967L6
Name:
Evaluate competitiveness and effectiveness of reward system
QF Level:
Level 6
Code:
106969L6
Name:
Design job / pay grade structure
QF Level:
Level 6
Code:
106970L6
Name:
Design base pay range / structure
QF Level:
Level 6
Code:
106973L6
Name:
Design compensation scheme
QF Level:
Level 6
Code:
106978L6
Name:
Define the coverage of benefit scheme
QF Level:
Level 6
Code:
107913L6
Name:
Design policies, procedures and practices for a regional / international compensation system
QF Level:
Level 7
Code:
106963L7
Name:
Formulate reward strategy in alignment with the organisational strategic objectives and human resource (HR) strategies
QF Level:
Level 7
Code:
106964L7
Name:
Formulate a reward philosophy as guiding principle of reward framework
Note:
  • The SCSs have been moderated by the Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ) to ensure consistency of QF level across industries.
  • The contents of all SCSs will be updated regularly.
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