Course Number:03
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 Relationship Management with the knowledge area being Total Rewards and Employee Engagement and Retention.
OverviewThis course examines the differences between compensation programs of old economy and new economy organizations. Their different use of compensation elements (including base salaries, incentives and employee benefits) is discussed. At the end of this course, you should understand the basics of compensation planning, and how your organization can better use its finite resources to attract and retain talent.
Learning Objectives:
  • Differentiate between the total rewards strategies of old- and new-economy organizations
  • Identify total rewards elements that create the total compensation package
  • Recognize trends in total rewards, including the use of stock options, work-life balance, and wellness programs
  • Identify the use of the following types of employee benefits: life insurance, health insurance, disability insurance, 401k plans, pension plans, non-qualified and qualified retirement plans
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 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 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‚Äôs® (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 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.
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/