Foundations of Compensation

Description

Recertification
SHRM: 15 PDCs

Intended Audience:
Individuals seeking an introduction to compensation structures and systems

HR Knowledge Domain:
People

HR Competencies:
Business Acumen
Analytical Aptitude
HR Expertise (HR Knowledge)

Program Overview

Kick-start your journey into the world of compensation with this practical, yet engaging learning experience. In this program, you will build knowledge in the fundamentals of compensation, including key legislation, designing and administering a compensation system, and communicating compensation plans to your organization. You will participate in application-based activities and discussions designed to increase your awareness and skill in such areas as incentive pay and compensation for critical business needs. You will walk away from this course with the foundational knowledge required for any new compensation practitioner.

*All Live Online sessions are recorded and available to watch for a full year after the program.

Program Objectives
- Identify laws that affect compensation
- Understand how business strategy and compensation philosophy guide a total rewards program
- Establish job value utilizing internal and external methods and develop pay structures
- Administer and communicate compensation programs
- Understand and evaluate short-term and long-term incentive plans

- Recognize the components of executive compensation

Program Outline

Program Locations and Recommended Hotels

Questions? E-mail us at shrmeducation@shrm.org

**These are Seminar prices only and do not apply to the courses offered at SHRM conferences.

Additional Info

Event