Skip to content
Compensation Metrics Certification: From Fundamental to Advanced
Live Session On-Demand Certification

Compensation Metrics Certification: From Fundamental to Advanced

Building Icon Industry: HR
$1,428.00
Time
  • March 10 - 14; 11:00 AM - 12:00 PM EST
  • June 9 - 13; 11:00 AM - 12:00 PM EST
  • On Demand Recordings Only (Available Now)
Select quantity

Compensation Metrics Certification: From Fundamental to Advanced

Registration fields

Expert Presenter:

Effective Compensation Planning is the Most Valuable and Challenging Skill an HR Professional Can Have

Did you know that you can attract top talent, improve staff retention, and maximize profitability by rewarding employees appropriately? By understanding the calculations, you can structure compensation plans that appeal to applicants and employees while supporting organizational success.

The latest strategies to achieve these goals are available in our engaging certification program. With the Compensation Metrics Certification program, you will be able to: align employee rewards with organizational success, communicate compensation strategies to management and employees, and demonstrate your compensation knowledge. Your career can also advance with this prestigious certification.

John A. Rubino, our expert compensation speaker, will guide you through fundamental and advanced compensation techniques, so your compensation numbers are based on solid industry data. Learn how to communicate your organization's strategy effectively and improve bottom-line results.

What You'll Learn:

  • How to align employee rewards with organizational success
  • How to communicate compensation strategies to management and employees
  • Demonstrating your knowledge as a compensation expert
  • Compensation metrics
  • Job evaluation
  • Compensation benchmarking
  • Measures of compensation variability
  • Discrimination testing
  • Job evaluation
  • Using statistical techniques

What You'll Receive:

  • All courses include a PDF version of the presentation slides along with any additional materials or resources provided by the presenter
  • Certification upon completion of the program
  • One certification exam attempt is included
Training Overview

Compensation Metrics Certification: From Fundamental to Advanced
Session 1—Compensation Program Design

  • Compensation program objectives
  • Methodology and design for a base pay structure
  • Pay range components and range spread calculations
  • Use of benchmark jobs for base pay structure design
  • Calculation of compa-ratios and pay range penetrations
  • Aging market data formulas and calculations
  • Practical applications and examples of compensation metrics

Session 2—Core Metrics for Compensation Analysis

  • Measures of central tendency: mean, median, and mode
  • Percentiles as a measure of data location
  • Pay positioning relative to internal and external
    competitiveness
  • How to determine whether salary ranges are too wide or too narrow
  • Best practices for using compensation metrics to determine market targets
  • Key questions about pay practices and overall compensation philosophy

Session 3—Compensation Discrimination and Variability

  • Measures of variability: range, inter-quartile range, and standard deviation
  • Analysis of competitive compensation positioning and HR policy effectiveness
  • The 2-Sigma Rule
  • Role of standard deviation in aiding in design and analysis of compensation
  • Discrimination testing

Session 4—Statistical Measures

  • Linear regression computations and applications
  • Using linear regression to identify data outliers, assess internal equity, and evaluate external competitiveness
  • Job evaluation and market survey data
  • Using quantitative HR applications for compensation
    measurements

Session 5—Base Pay Structure

  • Six-step methodology for developing and implementing a linear regression model to create a base pay structure
  • Introduction to multiple regression: a discussion of various strategic applications
Who Should Attend?
  • Human resources professionals
  • Compensation directors, managers, and analysts
  • Business owners
  • Plant managers
  • Finance professionals
  • Operations managers
  • Employee relations
  • Supervisors
  • Senior management
  • Managers
  • Development staff
  • Payroll staff
Credits
  • This program has been approved for 5.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
  • This program is valid for 5.0 PDCs for the SHRM-CP or SHRM-SCP.

Customer Reviews

Be the first to write a review
0%
(0)
0%
(0)
0%
(0)
0%
(0)
0%
(0)

Search

Cart

Your cart is empty.

Unfortunately we could not find any products in your cart.

Continue shopping
Compensation Metrics Certification: From Fundamental to Advanced