Compensation and Benefits

Instructor: Brad Boyson , Rhea Bautista

Beginner Level • 6 hours to complete • Flexible Schedule

What You'll Learn

  • Evaluate an organization's compensation strategy
  • Explain different benefit types and options
  • Evaluate and select an appropriate pay system for an organization's needs

Skills You'll Gain

Compensation and Benefits
Benefits Administration
Job Evaluation
Compensation Analysis
Payroll Systems
Compensation Management
Payroll
Human Resources Information System (HRIS)
Compensation Strategy
Employee Retention
Human Resources

Shareable Certificate

Earn a shareable certificate to add to your LinkedIn profile

Outcomes

  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate from HRCI

There are 4 modules in this course

This week you will define elements of compensation. You will also learn the different types of differential pay, making sure you understand when they apply. You will be able to describe the different compensation system elements in motivating employees.

In this upcoming week, you will describe the different elements that need to be considered when determining pay and be able to explain the difference between base pay and pay increases. You will also learn other forms of incentives as compensation. You will also explore different job evaluation techniques and describe pay performance.

In this week, you will learn different benefits types and options. You will be able to explain the different benefit types and options, including healthcare and family oriented healthcare benefits. You will also identify types of retirement plans, highlighting major differences.

This week you will learn the core components of payroll and how to appraise different types of pay systems. You will also evaluate the needs for data protection and describe the types of claims that HR deals with.