Course Number:71
Category:Foundation Courses
Field of Study:Business Management & Organization
Audience:HR Managers, HR Generalists
Level of Difficulty:Overview
Delivery Method:QAS Self Study
Prerequisites: None
Advanced Preparation:None
SHRM BoCK:SHRM BoCK: As defined by the SHRM Body of Competency and Knowledge TM, this self-study course covers competency topics related to managing internal and external relationships with the knowledge areas being compensation and benefits, understanding external labor market factors, and employee relations.
OverviewThis course describes the economic, social, organizational, and technical environments that influence compensation and benefits programs in the United States. Current and historical influences are discussed. Employment demographics and trends are examined. Labor markets, worker values, organization factors, and the impact of technology are a few of the topics covered.
Learning Objectives:
  • Define the 5 environments that influence compensation and benefits decisions
  • Classify employers and employees
  • Differentiate between external and internal labor markets
  • Identify the characteristics of the U.S. labor market
  • Define what work is and recognize how it is changing
  • Identify demographic changes and their impact on the labor market
  • Define the 3 kinds of attitudes that are a part of worker values
  • Identify the characteristics of different types of organizations
  • Recognize how organization characteristics impact compensation and benefits management
  • Recognize how technology impacts organizations and compensation and benefits management
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 the SHRM-CPSM or SHRM-SCPSM. This program is valid for 2 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

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

    This course has been approved for 2 HR recertification credit hours toward PHR®, SPHR®, GPHR® and aPHR recertification through the HR Certification Institute. Please be sure to note the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.

    HRCI Approved Provider
    The use of this seal is not an endorsement by HRCI of the quality of the program. It means that this program has met HRCI’s criteria to be pre–approved for recertification credit.
  • 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, Guam, Hawaii, Idaho, Illinois, 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, 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.
World at Work CPE Sponsors - Registry CPE Sponsors - QAS CCC CAC

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/