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Analyzing Salary Surveys

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Course Number:73
Category:Job Analysis, Descriptions and Evaluation
Field of Study:Specialized Knowledge & Applications
Audience:HR Managers, HR Generalists
Level of Difficulty:Intermediate
Delivery Method:QAS Self Study
Prerequisites: Some college level courses with moderate algebraic training
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 Critical Evaluation with the knowledge area being Total Rewards.
OverviewAccurate salary survey data is crucial to salary increase planning. There are many options for obtaining salary survey data: government compensation surveys, online salary surveys, a salary survey research outsource, private compensation surveys, or conducting your own survey. This course explores the advantages of each of these options and shows you how to conduct your own salary survey and use benchmark jobs. Finally, this course illustrates how to use salary survey data to make pay rate decisions.
Learning Objectives:
  • Identify the strengths and weakness of the host of compensation surveys and salary survey sources now available
  • Recognize Antitrust Safe Harbor Guidelines
  • Determine the steps needed to conduct a survey
  • Recognize what benchmark jobs are
  • Identify ways to analyze salary survey sources for validity and reliability
  • Determine how to integrate salary survey data into an individual salary decision
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 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. 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. HR Certification Institute® (HRCI®) pre-approved this program for 1.5 HR (General) credit hour(s) towards aPHR™, PHR®, SPHR®, and GPHR® recertification.

    HRCI Approved Provider
    The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

  • 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 1.5 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 1 credit(s) in Vermont
Additional Information:
*The Course Credit List displays credits and credit types offered by location.

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/

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