Looking to Benchmark Pay?
See our salary, cost-of-living, and executive compensation data in action.
Congratulations!
You have completed ERI DLC Course 84: The U.S. Labor Market and Compensation Trends
You should now be able to:
- Differentiate between labor supply and labor demand and how they impact pay
- Identify factors that impact pay and employment decisions
- Specify how unions influence the labor market and wages
- Recognize how wage and hour laws, labor legislation, and corporate tax incentives impact pay
- Differentiate between external labor markets and internal labor markets
- Recognize how productivity impacts pay dispersion
- Identify characteristics of the gender wage gap
- Specify how the U.S. supply chain has affected the labor market and how it is evolving
- Recognize which sectors of the economy have a labor shortage and the possible solutions found in education and training
- Define how current economic factors such as tight credit, consumer spending, and inflation are affecting quit rates, average weekly hours worked, and wage growth
- Identify at which pay levels the greatest wage gains are being made and why
- Recognize how remote work can affect pay
- Define skill-based pay, compression, and salary transparency
- Identify current trends in compensation
If you need to report completion of this course to a supervisor or instructor, you may send them a screen shot of your training history.
If you would like to recommend this course and the DLC to a colleague or friend, send an email.
Looking to Benchmark Pay?
See our salary, cost-of-living, and executive compensation data in action.