Compensation Metrics Certification: From Fundamental to Advanced

Compensation expert John A. Rubino will guide you through fundamental and advanced techniques to base your compensation numbers on solid industry metrics. You will learn how to communicate your organization’s strategy successfully and improve bottom-line results.

Benefits of Certification

  • Align employee rewards with organizational success
  • Communicate compensation strategies to management and employees
  • Demonstrate your knowledge as a compensation expert
  • Earn a prestigious certification to advance your career
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Monday, July 8 - Friday, July 12, 2024; 1:30 PM Eastern or Monday, September 16 - Friday, September 20, 2024; 2:30 PM Eastern or Monday, December 2 - Friday, December 6, 2024; 2:30 PM Eastern

5 Sessions scheduled for 60 minutes including question and answer period.

INFORMATION
Training Overview

Add Value by Mastering Compensation Metrics. Support your organization and advance your career.

In 2024, compensation planning and execution are some of the most challenging and valuable skills for HR professionals. Rewarding employees appropriately allows you to attract top talent, improve staff retention, and maximize profitability.


Understanding the calculations will allow you to structure compensation plans that please applicants and employees while supporting organizational success. To help you accomplish these goals, we are offering an engaging certification program packed with the latest strategies.

Our Compensation Metrics Certification program will enable you to:

  • Align employee rewards with organizational success
  • Communicate compensation strategies to management and employees
  • Demonstrate your knowledge as a compensation expert
  • Earn a prestigious certification to advance your career

Compensation Metrics Certification: From Fundamental to Advanced

Session 1

  • 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

  • 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

  • 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

  • AM Pacific
  • 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

  • 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
Recommended Audience
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
APPROVAL AND VALIDITY
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.
What's included
Training includes
  • 5.0 HRCI, 5.0 SHRM
  • Compensation Metrics Certification
  • All resources and training materials
About

Expert Presenter

John A. Rubino
  • President and founder of Rubino Consulting Services (RCS), a global human resources consulting company based in New York
  • Focuses on the design and implementation of corporate values/objectives and their linkage to human resources strategies, compensation analysis and program development, performance-driven incentive plans, sales compensation programs, performance management systems, management training programs, team dynamics, leadership skills, motivational training, and human resources communication programs
  • Previously senior manager of human resources consulting services for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company
  • Internationally acclaimed speaker, course developer, and seminar leader for WorldatWork and the American Management Association
  • Author of Developing Compensation Programs: Job Analysis, Evaluation and Classification and Communicating Compensation Programs: An Approach to Providing Information to Employees
  • Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), and Global Remuneration Professional (GRP), Senior Practitioner in Human Resources (SPHR), and a Master Reward Specialist (South Africa)
  • BA from Wagner College
  • MBA from the Lubin Graduate School of Business, Pace University