Professional in Human Resources: Compensation

Exam Content 2018    |    Intermediate
  • 18 videos | 1h 53m 31s
  • Includes Assessment
  • Earns a Badge
  • Certification CPE
Likes 189 Likes 189
It's not all about the money…or is it? In this course, you'll explore the different types of compensation and how to determine how much an individual is paid and by what type of compensation based on the type of work being done. Though HR is not responsible for payroll, they are usually the first line of response, so understanding how payroll works and verifying calculations will be important.

WHAT YOU WILL LEARN

  • discover the key concepts covered in this course
    distinguish between direct and indirect compensation programs
    recall the foundational federal laws and regulations related to foundational compensation activities
    recall the federal laws and regulations related to compensation activities prior to 1995
    recall the federal laws and regulations related to compensation activities after 1995
    identify the types of base payment methods
    distinguish the types of wage payment methods
    identify the mandatory differential payment methods
    identify the types of variable compensation programs
  • identify the types of incentive programs paid for based on combined efforts
    define the types of payment variations
    describe the elements of executive compensation
    recognize the close interaction between HR and payroll processes
    troubleshoot payroll issues to address employee concerns
    describe the process for calculating multiple straight-time rates of pay
    calculate overtime on a piece-rate plan
    recognize when the company needs to contribute to payments for tipped employees
    summarize the key concepts covered in this course

IN THIS COURSE

  • 2m 15s
    After completing this video, you will be able to discover the key concepts covered in this course. FREE ACCESS
  • 6m 34s
    After completing this video, you will be able to distinguish between direct and indirect compensation programs. FREE ACCESS
  • Locked
    3.  Key Legislation – Foundational Compensation
    10m 43s
    After completing this video, you will be able to recall the foundational federal laws and regulations related to foundational compensation activities. FREE ACCESS
  • Locked
    4.  Key Legislation – Compensation Pre-1995
    8m 34s
    After completing this video, you will be able to recall the federal laws and regulations related to compensation activities prior to 1995. FREE ACCESS
  • Locked
    5.  Key Legislation – Compensation Post-1995
    10m 54s
    After completing this video, you will be able to recall the federal laws and regulations related to compensation activities after 1995. FREE ACCESS
  • Locked
    6.  Base Payment Methods
    4m 18s
    After completing this video, you will be able to identify the types of base payment methods. FREE ACCESS
  • Locked
    7.  Wage Payment Methods
    4m 45s
    After completing this video, you will be able to distinguish the types of wage payment methods. FREE ACCESS
  • Locked
    8.  Differential Payment Methods
    8m 39s
    After completing this video, you will be able to identify the mandatory differential payment methods. FREE ACCESS
  • Locked
    9.  Variable Compensation Programs
    4m 15s
    After completing this video, you will be able to identify the types of variable compensation programs. FREE ACCESS
  • Locked
    10.  Incentive Programs
    6m 14s
    After completing this video, you will be able to identify the types of incentive programs paid for based on combined efforts. FREE ACCESS
  • Locked
    11.  Payment Changes
    6m 24s
    After completing this video, you will be able to define the types of payment variations. FREE ACCESS
  • Locked
    12.  Executive Compensation
    11m 13s
    After completing this video, you will be able to describe the elements of executive compensation. FREE ACCESS
  • Locked
    13.  Payroll Highlights
    6m 20s
    After completing this video, you will be able to recognize the close interaction between HR and payroll processes. FREE ACCESS
  • Locked
    14.  Payroll Troubleshooting
    4m 10s
    After completing this video, you will be able to troubleshoot payroll issues to address employee concerns. FREE ACCESS
  • Locked
    15.  Base Payment Calculations
    6m 51s
    After completing this video, you will be able to describe the process for calculating multiple straight-time rates of pay. FREE ACCESS
  • Locked
    16.  Wage Payment Calculations
    3m 19s
    After completing this video, you will be able to calculate overtime on a piece-rate plan. FREE ACCESS
  • Locked
    17.  Tipped Employees
    4m 50s
    After completing this video, you will be able to recognize when the company needs to contribute to payments for tipped employees. FREE ACCESS
  • Locked
    18.  Course Summary
    3m 13s
    After completing this video, you will be able to summarize the key concepts covered in this course. FREE ACCESS

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.

Digital badges are yours to keep, forever.

YOU MIGHT ALSO LIKE

Course Professional in Human Resources: Job Architecture
Likes 51 Likes 51  
Course Senior Professional in Human Resources: Compensation Management
Likes 1 Likes 1  
Course Professional in Human Resources: HR Tools and Processes
Likes 309 Likes 309  

PEOPLE WHO VIEWED THIS ALSO VIEWED THESE

Course Professional in Human Resources: Introduction to PHR(r) Exam
Likes 634 Likes 634  
Course Senior Professional in Human Resources: Job Architecture
Course Governance, Risk Management, and Compliance