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Invitation to the EY People Advisory Services Academy Training

We are delighted to invite you to our People Advisory Services Academy training "Reward Management" on 19 October 2017 and "Personnel Performance Management" on 20 October 2017.

Training program:

Reward Management

  • The concept of “reward” and “compensation”
  • Reward system – key elements and their relations. Concept of total reward
  • Compensation strategy and its connection with the business strategy
  • Creation of internal, external and individual fairness of remuneration
  • Methodology and key stages of a graded pay structure development
  • Role of variable pay in total reward
  • Short-term incentive and long-term incentive programs: key types and application peculiarities
  • Best practices: main trends and peculiarities of variable pay use on the market
  • The structure and purpose of a social package. Basic benefit types. Common types of benefits at the labor market
  • Non-material elements of total reward

Personnel Performance Management

  • Goals and objectives of personnel performance management
  • Key approaches to a company performance management and their impact on personnel performance management
  • Connection of a performance appraisal system with other talent management systems
  • Approaches to a personnel performance appraisal system development. Performance appraisal process
  • Assessment by objectives – principles and basic tools. Approach to development of KPIs within a performance appraisal system
  • Assessment by competencies – principles and basic tools
  • Assessment of performance and potential
  • Development of an integrated personnel appraisal system
  • Constructive feedback as an important element of the personnel performance appraisal system
  • Implementation peculiarities of  a personnel performance appraisal system; possible difficulties and how to overcome them
  • Development peculiarities of  a long-term action plan based on personnel performance appraisal results
  • Metrics of performance management.

Place: EY Tbilisi office located  at 44, Kote Abkhazi Street
Participants: HR managers and specialists
Participation fee: GEL 380 (excluding VAT) for each session (you can participate in one or both trainings). A 15% discount will be applied to the fee in case of participation in both sessions
Language: English or Russian
Duration: 10:00 – 17:00
Tutors: Olena Boichenko (Director of People Advisory Services Ukraine), Nataliia Tymchenko (Senior consultant of People Advisory Services Ukraine)

Upon completion of the training course you will receive a certificate of participation. 

Please confirm your participation by e-mail or by phone by 10 October 2017.

For further information and confirmation of attendance, please contact Nana Khetsuriani at or at +995 32 215 88 11.

You can find more information about HR certification here.

CFA® Training Programme for Level 1

Prior to the December 2017 exam session

CFA® (Chartered Financial Analyst®) is the most highly valued qualification available internationally for financial analysts.

Gaining such a qualification is evidence that you possess skills and knowledge that are in high demand by employers in securities markets as well as in banking, corporate finance, fund management, insurance, and investment advice.

Prior to the Level 1 December 2017 exam, we are offering candidates a comprehensive

2-month training programme for Level 1 – led by tutors, focused on examination techniques.

Mock exam – participants will have an opportunity to test their knowledge under conditions identical to those encountered in the real exam.

Hotline – e-mail contact with the tutors is available throughout the course.

The course is comprehensive, allowing time to cover the key areas of the Level 1 syllabus in sufficient detail. The course is delivered in Georgian, but the materials will be in English. The course comprises of 15 days of classroom training and a mock exam (60 hours in total). All classes are held in Tbilisi.

In the attached brochure you can learn about the details of the course.

We hope that you will find our proposal interesting to you.

You can direct your questions and comments to George Chaganava.

Transfer Pricing Seminar – 6 July, 2017

EY Georgia is delighted to invite you to a seminar on Transfer Pricing on 6 July, 2017.

Pricing international controlled transactions has become a topical issue, especially after a new regulation on levying a profit tax in Georgia came into force and the so-called “tax on distributed profits” model was introduced. The new regulation treats controlled transactions with related parties as distribution of profit if they do not comply with the arm’s length principle.

We are seeing increasing numbers of tax audits in Georgia and across multiple territories on transfer pricing aspects, and with the new law in hand, it is expected that the Georgian tax authorities will have growing interest in the tax effects of intercompany transactions. They will be more focused on your business activities, your supply chain operations and your transfer pricing strategies than ever before.

Having TP policies and procedures in place to ensure compliance of controlled transactions with the arm’s length principle has gained crucial importance in identifying and proactively managing tax risks.

EY will set out the key elements of the strategy for minimizing transfer pricing risks, including:

  • Designing robust transfer pricing policies for controlled transactions that are aligned to the latest BEPS thinking and/or tax audit guidelines;
  • Documenting intra-group transactions and their transfer pricing analysis in line with the Master File or Local File concept;
  • Defending policies on tax audit across multiple jurisdictions and understanding the full range of options for doing this.

The seminar will be led by Evgenia Veter, Partner, Transfer Pricing Services, Ernst & Young (CIS) B.V and Elisabeth Tchumburidze, Manager, Transfer Pricing Services, EY Georgia.  The seminar is free of charge.

In the attached leaflet you can learn about the details of our seminar. Please confirm your attendance by sending an e-mail to Elisabeth Tchumburidze: