Human resources expert John A. Rubino will guide you through fundamental and advanced techniques to base your compensation numbers on solid industry metrics. You will learn how to successfully communicate your organization’s strategy and improve bottom-line results.
Benefits of Certification
- Align employee rewards with organizational success
- Attract and retain top talent
- Communicate compensation strategies to management and employees
- Demonstrate your knowledge as a compensation expert
- Earn a prestigious certification
Training Overview
Revamp your compensation metrics for today’s reality. Earn a valuable certification.
More than ever, organizations must set compensation metrics that reward employees for their impact on the bottom line. The uncertain economy, high inflation, and low unemployment make compensation a topic worthy of heightened focus.
Understanding the calculations will allow you to structure compensation plans that please applicants and employees while supporting organizational success. To help you accomplish these goals, we are offering a valuable certification program packed with the latest strategies.
Our Compensation Metrics Certification program will enable you to:
- Align employee rewards with organizational success
- Communicate compensation strategies to management and employees
- Demonstrate your knowledge as a compensation expert
- Earn a prestigious certification to advance your career
Compensation Metrics Certification: From Fundamental to Advanced
Session 1
- Compensation program objectives
- Methodology and design for a base pay structure
- Pay range components and range spread calculations
- Use of benchmark jobs for base pay structure design
- Calculation of compa-ratios and pay range penetrations
- Aging market data formulas and calculations
- Practical applications and examples of compensation metrics
Session 2
- Measures of central tendency: mean, median, and mode
- Percentiles as a measure of data location
- Pay positioning relative to internal and external competitiveness
- How to determine whether salary ranges are too wide or too narrow
- Best practices for using compensation metrics to determine market targets
- Key questions about pay practices and overall compensation philosophy
Session 3
- Measures of variability: range, inter-quartile range, and standard deviation
- Analysis of competitive compensation positioning and HR policy effectiveness
- The 2-Sigma Rule
- Role of standard deviation in aiding in design and analysis of compensation
- Discrimination testing
Session 4
- Linear regression computations and applications
- Using linear regression to identify data outliers, assess internal equity, and evaluate external competitiveness
- Job evaluation and market survey data
- Using quantitative HR applications for compensation measurements
Session 5
- Six-step methodology for developing and implementing a linear regression model to create a base pay structure
- Introduction to multiple regression: a discussion of various strategic applications
This certification is part of the Compensation Metrics And Programs: 10-Session Professional-Level Certification found here.
Invest in Second Chance Retake Insurance
We recommend purchasing our Second Chance Retake Insurance for $49 which allows you to take the exam a second time without having to retake the Course. Should you need to retake the exam without purchasing Insurance beforehand the retake fee is $75. For additional information please refer here or reach out to Support@careerlearning.com.
Who Should Attend?
|
|
Expert Presenter
John A. Rubino
- President and founder of Rubino Consulting Services (RCS), a global human resources consulting company based in New York
- Focuses on the design and implementation of corporate values/objectives and their linkage to human resources strategies, compensation analysis and program development, performance-driven incentive plans, sales compensation programs, performance management systems, management training programs, team dynamics, leadership skills, motivational training, and human resources communication programs
- Previously senior manager of human resources consulting services for Ernst & Young LLP and director of executive compensation for The Equitable Life Insurance Company
- Internationally acclaimed speaker, course developer, and seminar leader for WorldatWork and the American Management Association
- Author of Developing Compensation Programs: Job Analysis, Evaluation and Classification and Communicating Compensation Programs: An Approach to Providing Information to Employees
- Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), and Global Remuneration Professional (GRP), Senior Practitioner in Human Resources (SPHR), and a Master Reward Specialist (South Africa)
- BA from Wagner College
- MBA from the Lubin Graduate School of Business, Pace University
See What Others Are Saying
Credits
- This program has been approved for 5.0 general recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute.
- This program is valid for 5.0 PDCs for the SHRM-CP or SHRM-SCP.
Certifications
Employers particularly appreciate CareerLearning certifications because they represent definitive confirmation of the mastery of the subject area.
Please follow these steps to earn your certification:
- Attend all the training sessions in their entirety.
- Gain access to the final exam at the conclusion of the last session.
- Take the final exam and receive a score of 80% or better.
CareerLearning Quality Commitment
CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.