Compensation Metrics Certification: From Fundamental To Advanced

with
John A. Rubino
  • Live Session
  • Certification
From $995.00
  • September 20, 2021, 1:30 pm   EST
Training Includes:
  • 5.0 HRCI, 5.0 SHRM
  • Compensation Metrics Certification
  • All resources and training materials
  • An on-demand recording will be available after each live presentation.

Human resources expert John 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 to management and employees 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
When:
September 20 - 24, 2021; 1:30 PM Eastern or October 25 - 29, 2021; 3:00 PM Eastern or January 3 - 7, 2022; 1:30 PM Eastern
5 Webinar Sessions scheduled for 60 minutes each

Training Overview

Earn your Compensation Metrics Certification. Set an effective employee reward strategy for your organization.

As the economy rebounds from the pandemic, people are encountering inflation in their daily lives, paying more for food, gas, housing, and almost everything else. Seeing their bank balances depleted and a hot employment market, your employees are asking for raises or exploring higher-paying opportunities.

Compensation metrics are intrinsic to the smooth operation of your entire organization. Your employee reward metrics should align with your current business objectives.

Many internal and external metrics can improve your organization’s compensation strategy, including compa-ratios and salary penetration ranges. You must take a close look at annual payroll, average hourly rate, number of employees, and other essential factors.

Our Compensation Metrics Certification program will enable you to:

  • 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

Each session in this series focuses on a key area of compensation metrics. We have packed a large volume of interesting and useful content into five engaging webinars.

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 and 3-Sigma Rules
  • Role of standard deviation in aiding in design and analysis of compensation
  • Using standard deviation for 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

Who Should Attend?

  • Human resources professionals
  • Business owners
  • Plant managers
  • Clinical staff
  • Operations managers
  • Safety managers
  • Location managers
  • Employee relations staff
  • Division supervisors
  • Supervisors
  • Chief executives
  • Executive directors
  • Senior management
  • Managers
  • Development staff
  • Program directors

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

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.

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