The Fundamentals of Compensation Strategies introduces you to the key element of total rewards: compensation. In this course, you’ll gain greater awareness of the different types of compensation and how the value of each type may vary depending on the organization and employee’s needs. You’ll look at regulatory topics that impact the compensation field and factors that promote fairness, transparency, and accountability. In the latter half of the course, you’ll look at designing a compensation strategy and the role the Compensation and Benefits Analyst plays in administering and managing to strategy elements.
Fundamentals of Compensation Strategies
Dieser Kurs ist Teil von ADP Entry-Level Compensation and Benefits Analyst (berufsbezogenes Zertifikat)
Dozent: ADP Learning Academy
Empfohlene Erfahrung
Was Sie lernen werden
The value created by an effective compensation strategy for both the employer and employees.
The regulations that influence compensation strategies, offerings, and administration.
The main factors and risks to consider when designing a compensation strategy that promotes fairness, transparency, and accountability.
How to use key metrics to evaluate the effectiveness of a company strategy.
Kompetenzen, die Sie erwerben
- Kategorie: Compensation Benchmarking
- Kategorie: Compensation Program Design
- Kategorie: Compensation Strategy
- Kategorie: Compensation Management
- Kategorie: Compensation Analysis
Wichtige Details
Zu Ihrem LinkedIn-Profil hinzufügen
Juli 2024
8 Aufgaben
Erfahren Sie, wie Mitarbeiter führender Unternehmen gefragte Kompetenzen erwerben.
Erweitern Sie Ihr Fachwissen im Bereich Business Strategy
- Lernen Sie neue Konzepte von Branchenexperten
- Gewinnen Sie ein Grundverständnis bestimmter Themen oder Tools
- Erwerben Sie berufsrelevante Kompetenzen durch praktische Projekte
- Erwerben Sie ein Berufszertifikat von Automatic Data Processing, Inc. (ADP) zur Vorlage
Erwerben Sie ein Karrierezertifikat.
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Teilen Sie es in den sozialen Medien und in Ihrer Leistungsbeurteilung.
In diesem Kurs gibt es 3 Module
In this module of the compensation section of your program, you’ll explore fundamental compensation concepts. You’ll start with the different types of direct compensation and the points in time when employees are likely to experience changes in those compensation areas. Then, you’ll learn about regulations that influence compensation and compensation strategies, including a closer look at the Fair Labor Standards Act, definitions of exempt and non-exempt and how it impacts base compensation. Finally, after a closer look at both variable and equity compensation, you’ll consider the importance of staying current on compensation regulations and trends.
Das ist alles enthalten
12 Videos18 Lektüren2 Aufgaben1 Diskussionsthema
Now that you’re familiar with elements of compensation and related regulations, you’ll start to explore how these elements come together to create and support the compensation area of an organization’s total rewards strategy. You’ll begin by looking at common approach to creating the strategy, starting with defining the organization’s compensation philosophy. From there, you’ll touch on compensation-specific data sources and considerations, as well as common issues you may find in analyzing that data.
Das ist alles enthalten
3 Videos9 Lektüren3 Aufgaben1 Diskussionsthema
In this module of this course, you’ll turn your attention to some of the key responsibilities for a Compensation and Benefits Analyst: administering, communicating, and evaluating your organization’s compensation strategy and programs.
Das ist alles enthalten
7 Videos5 Lektüren3 Aufgaben
Dozent
Empfohlen, wenn Sie sich für Business Strategy interessieren
Automatic Data Processing, Inc. (ADP)
Automatic Data Processing, Inc. (ADP)
Automatic Data Processing, Inc. (ADP)
Automatic Data Processing, Inc. (ADP)
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