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Human Resource Management

Compensation and Benefits

$79.00
Compensation and Benefits Product Image

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.

What You’ll Learn:

  • 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
$79.00
To purchase multiple courses for your Enterprise team, please contact us here.
Course Details:
HRCI Recertification Credits:
3 HR Credits
Estimated Time to Complete:
3 hours
Available For:
180 Days from Date of Purchase
What’s Included:
Access your courses anytime, anywhere, with a computer, tablet or smartphone.
Courses are eligible for both HRCI and SHRM recertification credits.
Course format includes: [video, reading, written portions, etc.]