The use of this seal confirms that this activity has met HR Certification Institutes (HRCI) criteria for recertification credit pre-approval.
This activity has been approved for 1.5 HR (General) recertification credit hours toward aPHR, PHR, PHRca, SPHR, GPHR, PHRi and SPHRi recertification through HR Certification Institute (HRCI). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org." ...more

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HRTrainOnline is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP^® or SHRM-SCP^®. ?

1-hour educational program = 1 PDC.
1-hour and 15 minute concurrent conference session = 1.25 PDCs.
3-hour e-learning course = 3 PDCs.

Overview:

This will answer the question "what does a Compensation practitioner do"?

A formal Compensation program consists of six parts: Job Analysis, Job Descriptions, Job Evaluation, Pay Surveying Pay Range Construction, and In-Grade Pay Strategy. An optional seventh element is Incentive Pay Plans.

Within each of these areas, there is a role for the Compensation Analyst.

Why you should Attend: To understand the basic elements and activities of a COMPENSATION Department

Areas Covered in the Session:

• This will answer the question "what does a Compensation practitioner do?
• The Program will describe the elements above and their framework in the Department
• Job Analysis: The Study of work. How does an Analyst collect the necessary information?
• Job Descriptions: What is the Analyst's role in this process? How is it done? Why is it important?
• Job Evaluation: How does an Analyst evaluate the relative worth of jobs?
• PaySurveys: What is the Analyst's role in obtaining pay data? How is it acquired?
• Pay Structures: What is a "pay structure"? How is it built? When does it change?
• In-Grade Pay Strategy: What are the options? What is "best"? How is the strategy administered?
• The Seventh Step: Incentive Plans: Do you need them? Which Plans? The Administrator's role

Who Will Benefit:

• Human Resource Managers
• Compensation Analysts
• Compensation Managers