DLC Home
Webinars
Continuing Education
HR Resources
College Instructors
Training History
Order History
Analyzing and Using Salary Survey Data
No webinars are scheduled at this time.
Overview

Quality salary survey data is essential when market pricing jobs to establish an externally competitive compensation plan. Today, market pricing is by far the most commonly used job evaluation methodology.

This webinar will look at how to identify, select, analyze, and use salary surveys to develop a competitive market-based pay program. Topics will include basic statistics terms, benchmark jobs, aging survey data, salary ranges, range midpoints and midpoint progression, compa-ratio, market index, and regression analysis. There will be a demonstration on how to create a salary structure.

The importance of communicating the compensation program effectively will also be discussed and practical tips will be provided for delivering a transparent message to employees so they may understand and, ultimately, buy into the program.

This webinar can be taken alone or as part of a series that should be taken in this order: Compensation Basics: Job Analysis, Descriptions & Evaluations, Analyzing and Using Salary Survey Data, Designing Pay Structures.

Learning Objectives
  • Explain what market pricing is
  • Define your organization’s compensation philosophy and market pricing objectives
  • Identify and select quality salary surveys
  • Explain the importance of matching benchmark jobs
  • Define how to age salary survey data
  • Describe how to interpret salary survey data
  • Explain how to determine competitive market pay rates
  • Specify how to create a salary structure
  • Identify ways to adjust or update a salary structure
  • Describe how to communicate the compensation plan
Credit & Professional Continuing Education Information

Credit Hours - You must attend for 90 minutes to be eligible:

  • SHRM-CP/SHRM-SCP: ERI Distance Learning Center is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

    SHRM Approved Provider Logo




  • aPHR/PHR/SPHR/GPHR: ERI Distance Learning Center is a recognized provider of recertification credits. The HR Certification Institute® (HRCI®) has pre-approved this activity for 1.5 HR (General) credit hours towards aPHR™, PHR®, SPHR®, and GPHR® recertification.

    HR Certification Institute's® (www.HRCI.org) official seal confirms that ERI Economic Research Institute’s Distance Learning Center meets the criteria for pre-approved recertification credit(s) for any of HRCI’s eight credentials, including SPHR® and PHR®.



  • CBP/CCP/GRP/WLCP/CECP/CSCP: This webinar qualifies for recertification credit for the Certified Compensation Professional (CCP®), Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), Work-Life Certified Professional (WLCP®), Certified Executive Compensation Professional (CECP™) and Certified Sales Compensation Professional (CSCP™) designations granted by WorldatWork Society of Certified Professionals. Please note that the CECP and CSCP designations require a minimum number of credits from executive and sales compensation-related activities. For more information on recertification, visit the WorldatWork Society recertification webpage at www.worldatwork.org/certification/recertification.

Course Number:
SSDWEB
Category:
Salary Administration
Field of Study:
Specialized Knowledge & Applications
Audience:
HR Managers, Compensation Managers, Compensation Analysts, HR Generalists, Managers
Level of Difficulty:
Basic
Delivery Method:
Group Internet-Based
Prerequisites:
None
Advanced Preparation:
None
SHRM BoCK:
SHRM BoCK: As defined by the SHRM Body of Competency and Knowledge TM, this webinar covers competency topics related to Critical Evaluation with the knowledge area being Compensation and Benefits.
Meet the Presenter

Linda Cox, CCP
Linda is the Compensation Project Manager at ERI Economic Research Institute and has over 30 years of Global Compensation Director-level and consultative experience with major multi-national corporations such as Allergan, Beckman Coulter, Quest Software and Dell. She holds a Bachelor of Science Degree in Business Education from California State University, Long Beach, and is a Certified Compensation Professional. She is a Compensation & Rewards Instructor for the University of California’s Continuing Education Department and also currently volunteers as Treasurer of The Orange County Compensation & Benefits Association. Linda’s business and personal travel has taken her to 32 countries and almost 400 cities throughout the world. She also established the Allergan International Assignment Program which grew to 67 expatriates during her 16 year Allergan career.

No webinars are scheduled at this time.
Requirements

To view and listen to the presentation:

  1. When prompted, download the app rather than viewing in a browser. Adobe recommends using the app and we have found it to be more reliable.
  2. You need a computer/tablet/phone with internet connection and audio output

Run this System Test to be sure you can join the webinar.

Supported Operation Systems and Browsers

Windows

For Meeting Application

For HTML Client

Mac OS

For Meeting Application

For HTML Client

No webinars are scheduled at this time.
The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/
FAQs
Policies