MindEdge
Compensation & Benefits
Compensation & Benefits
Regular price
$808 USD
Regular price
Sale price
$808 USD
Unit price
per
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Let's talk perks and paychecks! Learn how to craft compensation packages that motivate, reward, and retain top talent. It's not just about money; it's about creating value. Ready to balance the scales? Dive in!
Course Duration:3 hours
Credits:
CEU Credits: 0.5
AMA PCM CEU Credits: 0
PDU Credits: 0
HRCI Credits: 0
SHRM Credits: 0
CFRE Credits: 0
ATD CI Credits: 5
ACE Credits: 0
Course Description
Understanding compensation practices and policies is crucial for any business owner, HR professional, or manager. In this introductory-level course, you will consider issues surrounding the key aspects of pay policy: legal requirements, pay equity within an organization, competitive pay within the relevant industry, how and when to grant raises, and different ways payment can be structured. Earn SHRM and HRCI credit as you develop your compensation expertise.
Learning Outcomes
Differentiate between compensation systems
Distinguish between legally mandated and discretionary benefits
Explain how compensation and benefits relate to employee motivation
Describe different healthcare plans and their advantages and disadvantages
Identify the value of benefits that help employees achieve work-life balance
Define pay for performance
Define differential pay
Describe methods of achieving pay equity
Distinguish between employees and independent contractors
Distinguish between exempt and nonexempt employees
Comply with relevant state and federal "wage and hour" laws
Testimonials
Elizabeth C.
Thank you so much for providing this opportunity!
Scott R.
I'm very much enjoying this course. It's interactive and a nice blended learning model that keeps me engaged and helps me through the learning process.
