Managing Compensation and Benefits (HRCI-PHR/SPHR)
Learn about job evaluation methods, pay structures, and compensation policies in the Compensation and Benefits course. Perfect for HR professionals at all levels. Enroll now!
What you’ll learn
- Job Evaluation, Pricing, and Pay Structures
- Organizational Pay Programs
- Compensation Policies and Programs
- Managing Payroll-related Information
The Compensation and Benefits: Managing Policies, Programs, and Activities course is the 14th of 20 courses developed as part of the Human Resources Certification Program.
In this course, the focus will be on compensation policies, programs, and activities. We’ll examine methods for job evaluations, pay structures, and common compensation structures. Then the discussion will turn to compensation policies and programs, as well as how to manage payroll- related information.
In topic one, Job Evaluation, Pricing, and Pay Structures, you’ll learn about job evaluation methods, job pricing, and pay structures.
A well-documented and accurately used performance evaluation system is a must when using the performance-based system. In topic two, Organizational Pay Programs, our focus will be on pay programs, such as variable systems, including flat-rate and step-rate, as well as merit systems, including productivity-based and person-based.
Incentive pay plans don’t work for every organization. In topic three, Compensation Policies and Programs, we’ll discuss external labor markets and economic factors, as well as how to develop, implement, and evaluate compensation policies and programs.
Payroll systems should reduce the number of human errors. In topic four, Managing Payroll-related Information, the focus will be on managing payroll-related data and information, including new hire documentation, pay adjustments, and employment termination paperwork.
That’s it! Now, go ahead and push that “Take this course” button and see you on the inside!
Who this course is for:
- Young professionals who are just beginning their HR career journey (aPHR Certification)
- Experienced professionals looking to establish themselves in the HR field (PHR Certification)
- Seasoned professionals aiming to solidify their credibility as an HR leader (SPHR Certification)
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