AUG 28

Seminar on How To Build A Formal Compensation & Solving Compensation Program Problems

HR Training   

Seminar/trade show (noCPF)

  

 

When:

  28 Aug 2014 through 29 Aug 2014

Where:

  Las Vegas, United States

Website URL:

  http://www.trainhr.com/control/~product_id=100029SEMINAR/using-statistics-in-com

Sponsoring organization:

  TrainHR

Categories:

  Business > Management/Leadership

Cloud tags:

Event description:

"This program, has been approved for 14 (HR (General)) recertification credit hours toward PHR, SPHR and GPHR recertification through the HR Certification Institute. Please be sure to note the program ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org. Overview: Compensation professionals use "descriptive statistics" to convey the characteristics of data used in the development and management of pay programs. In this webinar, David J. Wudyka will describe a series of statistical concepts used by Compensation practitioners. The concepts to be covered include ideas such as pay structure development; "control points" in pay ranges, including minimums, midpoints and maximums; weighted and unweighted averages; means, medians and modes; weighted and unweighted averages; regression and correlation analysis; standard deviations, variance and data ranges; compa-ratios, and independent and dependent variables; and more. All of these concepts will be explained in the context of their application in pay programs, including building a pay structure (i.e. sets of pay ranges), analyzing pay survey data, predicting Executive base pay rates and total compensation from one or more independent variables, making associations in pay data between independent and dependent variables, and using comp ratios in merit pay programs and their budgeting. Who will benefit: Human Resource Managers Compensation Analysts Compensation Managers Financial Managers of HR Departments Payroll Managers

Posting date:

11 August 2014
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