Course Number: | 21 |
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Category: | Executive Compensation |
Field of Study: | Personnel/HR |
Audience: | Executives, HR Managers, Compensation Managers, Compensation Analysts, HR Generalists |
Level of Difficulty: | Intermediate |
Delivery Method: | QAS Self Study |
Prerequisites: | Moderate algebraic training |
Advanced Preparation: | None |
SHRM BASK: | As defined by the SHRM Body of Applied Skills and Knowledge (BASK), this self-study course relates to competencies in Business Analysis, Business and Competitive Awareness, and Strategic Alignment with functional areas in Total Rewards, Structure of the HR Function, Talent Acquisition, and U.S. Employment Law and Regulations. |
Overview | Employees in top management positions have compensation packages that are custom tailored to the position. This greater complexity is necessary because top management is responsible for the success of the organization and meeting the expectations of stakeholders. Their compensation packages need to be designed to incentivize and reward results taking into account the short- and long-term goals of the organization. This course will discuss the elements of typical management compensation programs, including the use of short- and long-term incentives, cash awards, deferred compensation, and perquisites. The course then looks at the regulatory environment governing the compensation packages of today’s executives. |
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*The Course Credit List displays credits and credit types offered by location. |
ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®