Mar 06, 2018, 9:00 AM - 10:30 AM (Pacific)
Sep 18, 2018, 9:00 AM - 10:30 AM (Pacific)
|Field of Study:||Specialized Knowledge & Applications|
|Audience:||HR Managers, Compensation Managers, Compensation Analysts, HR Generalists, Managers|
|Level of Difficulty:||Basic|
|Delivery Method:||Group Internet-Based|
|SHRM BoCK:||SHRM BoCK: As defined by the SHRM Body of Competency and Knowledge TM, this webinar covers competency topics related to critical evaluation with the knowledge area being total rewards.|
|Overview:||This is a basic level course intended for those new to compensation.
External competitiveness is a prime objective for most organizations, but the approach taken to measure competitiveness may differ from one organization to another. In fact, competitive objectives may change within the same organization over time, especially when financial performance fluctuates.
The goal of "market pricing" is to collect and analyze data that will meet the organizational objective of identifying external competitiveness. Market pricing is not an exact science, but a sound and practical approach using summary statistics from published surveys that can add validity to the market pricing process.
This webinar will discuss practical guidelines that may be used for identifying, selecting, analyzing, and using market data to complete essential tasks in determining external competitiveness and establishing a competitive market-based pay program. The importance of communicating the compensation program effectively will also be discussed and practical tips will be provided to support you in delivering a transparent message to your employees so that they may understand and, ultimately, buy into the program.
This webinar can be taken alone or as part of a series that should be taken in this order: Compensation Basics, Analyzing and Using Salary Survey Data, Designing Pay Structures, Salary Administration.
Linda Cox, CCP
|Credit & Professional Continuing Education Information:|| |
Credit Hours - You must attend for 90 minutes to be eligible:
|Additional Info:|| |
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|3/6/2018||9:00 AM - 10:30 AM (Pacific)||1:30||Open||$120.00||Register|
|9/18/2018||9:00 AM - 10:30 AM (Pacific)||1:30||Open||$120.00||Register|
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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/