Technology in Total Rewards

Course Number:02
Category:Total Rewards Foundation
Field of Study:Business Management & Organization
Audience:Compensation Professionals, HR Managers, HR Generalists
Level of Difficulty:Basic
Delivery Method:QAS Self Study
Prerequisites: None
Advanced Preparation:None
SHRM BASK:As defined by the SHRM Body of Applied Skills and Knowledge (BASK), this self-study course covers competencies in HR Expertise with functional areas in U.S. Employment Law and Regulations, Technology Management, and Total Rewards.
OverviewHR platforms continue to evolve with artificial intelligence starting to play a big role in solutions for several key HR functional areas. We will look at how using HR platforms can bring real benefits to not just HR administration but also to an organization’s employees. HR departments have a heavy burden when it comes to complying with all the federal guidelines for document submission, acceptance, retention, and confidentiality. We will look at how going paperless can ease this burden when platforms are used that automatically provide up-to-date forms and information about changes to the guidelines. We will also look at how some platforms can automate scheduling for such activities as health plan enrollment, interviewing, and performance management check-ins and reviews. There are also platforms that can simplify compensation planning and help with financial analysis of an HR department’s budget and expenditure. One of the great benefits of using HR platforms is the self-service capabilities they offer employees. As part of this review, the advantages that AI is bringing will also be examined. For example, AI can be used to write job descriptions, help employees find information on their benefits via natural language search and some 401(k) platforms provide AI generated retirement financial advice.
Learning Objectives:
  • Specify the advantages of using HR platforms for performing common tasks
  • Recognize the kind of information available via HR platforms that must be kept confidential
  • Identify strong password options for HR platform access
  • Define the significance of the Uniform Electronic Transactions Act (UETA) and the Global and National Commerce Act (ESIGN)
  • Differentiate between EEOC, FMLA, OSHA, USCIS, and ERISA electronic document retention guidelines
  • Specify how HIPAA and the Taxpayer Relief Act make electronic health records possible
  • Identify how AI can bring greater efficiency to health and retirement benefits administration while assisting plan members to utilize their benefits
  • Recognize what AI can do to enhance compensation planning, hiring and onboarding, performance management, professional development, and engagement and retention
  • Identify the advantages and pitfalls of having a common database for multiple platforms
Credit & Professional
Continuing
Education Information:
  • SHRM-CP/SHRM-SCP Credit Information:

    ERI Distance Learning Center is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities. This program is valid for 2 PDCs for the SHRM-CP® or SHRM-SCP®. For more information about certification or recertification, please visit www.shrmcertification.org.

    SHRM Preferred Provider
  • aPHR/PHR/SPHR/GPHR Credit Information:

    ERI Distance Learning Center is a recognized provider of recertification credits. The HR Certification Institute® (HRCI®) has pre-approved this activity for 2 HR (General) credit hour(s) towards aPHR, PHR®, SPHR®, and GPHR® recertification.

    HRCI Approved Provider
    HR Certification Institute’s® (www.HRCI.org) official seal confirms that ERI Distance Learning Center meets the criteria for pre-approved recertification credit(s) for any of HRCI’s eight credentials, including SPHR® and PHR®.
  • CCP/CBP/GRP/WLCP Credit Information:

    This online course qualifies for recertification credit for the Certified Compensation Professional (CCP®), Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), and Work-Life Certified Professional (WLCP®) designations granted by WorldatWork Society of Certified Professionals. For more information on recertification, visit the Society website at www.worldatworksociety.org.

  • CPE QAS Self Study Credit Information:

    National Registry QAS Self Study - Course approved for 2 credit(s) in these states:

    Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virgin Islands, Virginia, Washington, West Virginia, Wyoming

    Course approved for 2 credit(s) in Vermont

Additional Information:
*The Course Credit List displays credits and credit types offered by location.
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ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®