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Fundamentals of Compensation is a Course

Fundamentals of Compensation

Nov 1 - Nov 10, 2021

$495 Enroll

Full course description

Location Live Online

Full Schedule Every week on Monday and Wednesday, starting on 11/1/21 and ending on 11/10/21 from (6:30 PM - 8:30 PM) EST

Monday : November 1, 2021 (6:30 PM - 8:30 PM) EST
Wednesday : November 3, 2021 (6:30 PM - 8:30 PM) EST
Monday : November 8, 2021 (6:30 PM - 8:30 PM) EST
Wednesday : November 10, 2021 (6:30 PM - 8:30 PM) EST

This class is an introduction to the fundamentals of compensation administration in a work setting. Information addressed includes relevant laws, basic statistics, job evaluation, developing and managing a salary structure, applications of variable compensation and payroll basics. This provides a broad overview to allow HR professionals to better understand and participate in managing compensation in an organization. This class follows our Classroom + model, requiring both the completion of self-pace instruction as well as live-online session attendance.

  • Upon completion of this course, the participant should have a foundational overview of compensation administration affecting the workplace and employees.
  • At the conclusion of the class participants should:
    • Be able to apply the applicable laws, specifically the FLSA to the workplace
    • Identify and use basic statistics to understand data and turn data into information
    • Perform basic job evaluation (market pricing) using an online tool
    • Build a basic salary structure to manage pay in the workplace
    • Understand the factors necessary to link pay to performance
    • Understand the basics of payroll and be able to calculate overtime